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Demographics
Population
Median Income
Racial Distributions
The zip code 08535 in Roosevelt, New Jersey, is classified as a "White Majority" area with moderate diversity as of 2022. The white population comprises 77% of the total, with Asian and Hispanic communities representing 11% and 8% respectively. The median income in 2022 was $172,887, indicating a relatively affluent area compared to national averages.
Roosevelt has maintained its "White Majority" status over the past decade, but has shown a trend towards increasing diversity. The white population decreased from 84% in 2013 to 77% in 2022. The Asian community grew from 5% in 2013 to 11% in 2022, while the Hispanic population increased from 2% to 8% during the same period. These changes suggest that Roosevelt could be classified as a "Transitional Community" moving towards greater diversity.
The median income in Roosevelt has experienced fluctuations but overall growth over the past decade. From $169,928 in 2013, it reached $184,775 in 2018 before settling at $172,887 in 2022. This represents a modest overall increase of about 1.7% over the decade, approximately keeping pace with inflation.
The demographic shifts observed in Roosevelt align with broader national trends of increasing diversity in suburban areas. The rate of change appears to be more rapid than the national average, particularly in terms of Asian and Hispanic population growth.
The high median income of the area ($172,887 in 2022) is significantly above the national median household income, indicating that Roosevelt is an affluent community even as it becomes more diverse. This suggests that the area is attracting high-earning professionals from various ethnic backgrounds.
The stable high income levels alongside increasing diversity challenge the often-observed pattern of declining property values with increased minority populations seen in some other parts of the country. Roosevelt appears to be evolving into a prosperous, multicultural community.
In conclusion, while Roosevelt remains a "White Majority" area, it is transitioning towards greater diversity. This demographic shift, coupled with consistently high income levels, indicates a community integrating new residents from various backgrounds while maintaining its economic prosperity. The coming years will likely see a continuation of this trend, potentially moving the area towards the "Moderate Diversity" category if current trajectories persist.