Loading Content...
Demographic Analysis of Zip Code 08322: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 08322 in Franklinville, New Jersey, is classified as a "White Majority" area with low to moderate diversity as of 2022. The white population constitutes 78% of the total, while other racial groups have smaller representations. The median income in 2022 was $86,178, indicating a relatively affluent community.
Over the past decade, this zip code has maintained its status as a "White Majority" area. The white population has decreased from 84% in 2019 to 78% in 2022. The Black population has increased from 7% in 2019 to 11% in 2022. The Hispanic population has remained relatively stable between 4-7% over the decade. The "Two or More Races" category has increased from 1% to 4% in 2022.
These demographic shifts suggest a slow transition from "Low Diversity" to "Moderate Diversity," although the area still maintains a strong white majority. The median income has fluctuated over the decade, with a general upward trend from 2013 ($84,464) to 2017 ($89,307), a slight dip from 2018 to 2020, a significant increase in 2021 ($93,109), and a decrease to $86,178 in 2022.
The increase in diversity has coincided with periods of both economic growth and decline, suggesting that demographic shifts in this area may be influenced by factors beyond economic conditions. Population trends show a general increase from 2010 to 2017, followed by a decline, particularly sharp in 2020-2021. A slight population rebound in 2022 coincides with the most diverse racial composition observed in the dataset.
The trends observed in this zip code align with broader national patterns of increasing diversity in suburban areas. The resilience of the median income, despite fluctuations, suggests that this area has maintained its economic stability even as it becomes more diverse. The gradual increase in diversity, particularly the growth in the Black population and those identifying as two or more races, reflects national trends of suburban diversification.
In conclusion, Franklinville (08322) remains a predominantly white, affluent area, but shows signs of a gradual transition towards greater diversity. This shift, coupled with its economic resilience, suggests a community in the early stages of demographic change, potentially moving towards a more diverse future while maintaining its economic strength.
