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Demographic Analysis of Zip Code 08077: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 08077 in Riverton, New Jersey, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 19,684 and a median household income of $115,402, indicating an affluent suburb with a predominantly white demographic.
Riverton has maintained its status as a "Low Diversity" community with a "White Majority" over the past decade. The white population has decreased from 88% in 2013 to 83% in 2022. The Hispanic population has increased from 4% in 2013 to 6% in 2022. The black population has fluctuated between 2% and 5% throughout the decade. The Asian population has remained consistently low at 1-2%. The category of two or more races has increased from 1% in 2013 to 3% in 2022.
The median household income in Riverton has increased from $103,429 in 2013 to $115,402 in 2022, representing an 11.6% increase over nine years. The population has grown from 18,684 in 2013 to 19,684 in 2022, an increase of 5.4%.
The demographic composition of Riverton contrasts with national trends towards increasing diversity. The U.S. white population dropped below 60% in the 2020 census, while Riverton has maintained its status as a predominantly white community.
The area's median income of $115,402 in 2022 exceeds the national median household income of $70,784 in 2021. This economic status may contribute to the community's demographic stability, as high housing costs could limit accessibility for more diverse populations.
The slow increase in Hispanic and multiracial populations aligns with broader national trends of growing diversity in suburban areas. However, the pace of change in Riverton is slower than in many other suburban communities across the United States.
Riverton remains a "Low Diversity" community with a strong "White Majority." Subtle demographic shifts and steady economic growth suggest the potential for gradual change. The community's high income levels and modest population growth indicate its continued attractiveness, but also raise questions about affordability and accessibility for a more diverse population.
