Economic trends in the area show some fluctuations. The median income peaked at $94,833 in 2021 before declining to $85,982 in 2022. This recent decline may be attributed to broader economic challenges or shifts in the local job market. The population has remained relatively stable, with some fluctuations. It decreased from 30,938 in 2013 to a low of 27,632 in 2019, before rebounding to 29,790 in 2022. These changes may reflect housing market dynamics, migration patterns, or local development initiatives.

Despite fluctuations, the area has maintained a high median income throughout the decade, suggesting economic resilience and the ability to attract and retain high-earning residents. The median income in this zip code consistently exceeds the New York City median, indicating that this area is more affluent than the city average.

The increasing Asian plurality in this Queens zip code aligns with broader trends in New York City, particularly in certain areas of Queens known for their growing Asian communities. The increasing diversity and growing Asian population reflect national trends, particularly in urban and suburban areas, where Asian Americans are one of the fastest-growing demographic groups. The area's ability to maintain high median incomes despite demographic shifts suggests a robust local economy that has adapted to changing population dynamics.

Zip code 11361 in Queens exemplifies a Transitional Community with Moderate Diversity, showcasing significant demographic shifts over the past decade. The transition from a White plurality to an Asian plurality, coupled with stable high incomes, reflects broader urban demographic trends and suggests a dynamic, economically resilient neighborhood adapting to changing population compositions while maintaining its affluent status.