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Demographic Analysis of Zip Code 08520: Racial Diversity and Economic Trends from 2013 to 2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 08520 in Twin Rivers, New Jersey, is categorized as a "Moderate Diversity" area as of 2022. The racial composition consists of 46% white, 20% Asian, 24% Hispanic, and 7% Black populations. No single group holds a majority, but multiple racial groups have significant representation. The median income in 2022 was $103,224, indicating an affluent community.
Over the past decade, Twin Rivers has transitioned from a "White Majority" community to one of "Moderate Diversity." In 2013, the white population was 52%, qualifying it as a "White Majority" area. By 2020, it shifted to a "Majority-Minority" situation, with the white population dropping to 45% and remaining below 50% since then.
The Asian and Hispanic populations have shown the most significant growth. The Asian population increased from 16% in 2013 to 20% in 2022, while the Hispanic population grew from 24% to 27% in 2020 before settling at 24% in 2022. The Black population increased from 5% to 7% over this period.
The median income has shown significant fluctuations over the decade, with an overall upward trend. From $103,346 in 2013, it peaked at $111,386 in 2021 before settling at $103,224 in 2022. This general increase in median income, despite greater diversity, suggests that the area has maintained its economic attractiveness across various demographic groups.
The population has grown from 30,405 in 2013 to 32,406 in 2022, indicating that the area has become increasingly desirable.
The demographic shifts observed in Twin Rivers align with broader national trends towards increasing diversity, particularly in suburban areas. The growth in Asian and Hispanic populations mirrors similar patterns seen in many parts of the United States, especially in areas with strong economic prospects.
The median income in Twin Rivers remains significantly above the national average, suggesting that this area has maintained its status as an affluent community even as it has become more diverse. This contradicts some national trends where increasing diversity has sometimes been associated with economic challenges.
The stability of the high median income alongside increasing diversity could indicate that Twin Rivers has successfully integrated new residents from various backgrounds into its economic fabric.
Twin Rivers has evolved from a predominantly white, affluent suburb to a more diverse, yet still economically prosperous area. This transition reflects broader national demographic shifts but stands out for maintaining high economic standards alongside increasing diversity.
