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Demographics
Population
Median Income
Racial Distributions
Zip code 18972 in Frenchtown, New Jersey, maintained a "Low Diversity" classification with a "White Majority" from 2013 to 2022. The population in 2022 was 3,449 with a median income of $90,637. The white population percentage decreased from 96% in 2013 to 92% in 2022. The Black population increased from 0% to 2%, and the Two or More Races category increased from 1% to 3%. The Hispanic population remained stable at 1-2%.
The median income fluctuated over the decade. It declined from $76,567 in 2013 to $70,205 in 2016, then increased to $110,410 in 2021, before decreasing to $90,637 in 2022. These economic trends do not strongly correlate with the minor demographic shifts observed. The area maintained its high-income status despite small increases in minority populations.
The population showed a general decline from 3,660 in 2013 to 3,449 in 2022, with fluctuations in between. This slight population decrease did not significantly impact the racial composition or economic status of the area.
Frenchtown maintained its predominantly white demographics with only minor shifts, which is less common in many parts of the U.S., especially in more urban or suburban areas. The median income growth from 2016 to 2021 outpaced national averages, suggesting a period of strong economic growth. However, the decrease in 2022 might indicate economic challenges or adjustments.
In conclusion, Frenchtown experienced some economic fluctuations and gradual demographic shifts over the past decade. It largely maintained its character as a high-income, low-diversity area with a strong white majority. The community shows signs of slow transition towards slightly more diversity, but these changes are minimal compared to more rapidly diversifying areas in other parts of the country.