Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Zip code 08094 in Williamstown, New Jersey, is classified as a "White Majority" community with "Low Diversity" as of 2022. The area has a population of 40,434 and a median income of $97,066. The white population constitutes 74% of the total, but signs of increasing diversity have emerged over the past decade.
The area has maintained a "White Majority" status from 2013 to 2022, with the white population comprising between 73-78% of the total. Despite the "Low Diversity" categorization, the community shows indications of transitioning. This is evidenced by the steady increase in Hispanic and multiracial populations over the decade. The Hispanic population has grown significantly, more than doubling from 4% in 2013 to 10% in 2022.
The Black population experienced fluctuations, increasing from 12% in 2013 to 15% in 2016, then decreasing to 11% by 2022. The percentage of residents identifying as two or more races tripled from 1% in 2013 to 3% in 2022, further supporting the "Transitional Community" categorization.
Economically, the area has shown growth. The median income increased from $87,576 in 2013 to $97,066 in 2022, representing a 10.8% increase over nine years. However, income levels have been volatile, with a notable spike to $107,236 in 2021 before declining in 2022. The population has grown steadily from 39,068 in 2013 to 40,434 in 2022, a 3.5% increase, indicating a slowly growing community.
The changes in racial composition, particularly the growth in Hispanic and multiracial populations, align with broader national trends of increasing diversity in suburban areas. The median income growth outpaces inflation over the same period, suggesting improved economic conditions for residents. The persistent "White Majority" status, despite increasing diversity, indicates that this community may be changing more slowly than some other suburban areas across the U.S.
In conclusion, while Williamstown remains a "White Majority" area with "Low Diversity," it shows clear signs of evolving into a more diverse community. The steady increase in Hispanic and multiracial populations, coupled with economic growth, suggests a gradually changing demographic landscape. These shifts, although slower than in some other areas, reflect broader national trends towards increasing suburban diversity. The community's economic growth may be both a cause and effect of these demographic changes, potentially attracting a more diverse population while also benefiting from the economic contributions of new residents.