Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 94560 in Newark, California, is classified as a "High Diversity" area with a significant Asian plurality as of 2022. Over the past decade, this community has undergone substantial demographic shifts and economic growth, transforming into a prosperous and ethnically diverse suburb in the San Francisco Bay Area.
In 2013, Newark displayed "Moderate Diversity" with a relatively balanced distribution among Asian (26%), Hispanic (34%), and White (30%) populations. By 2022, the community had transitioned to "High Diversity" status, with Asians becoming the largest group at 41%, followed by Hispanics at 30% and Whites at 20%. This shift represents a significant change in the community's racial composition.
The increase in the Asian population and the decrease in the White population indicate a "Transitional Community" status. This transition likely reflects broader demographic trends in the Bay Area, possibly driven by immigration patterns and the growth of the tech industry.
The demographic shifts correlate with substantial economic growth. The median income increased from $98,068 in 2013 to $132,834 in 2022, a 35.5% increase over nine years. This growth outpaces inflation and suggests a rapid influx of high-earning professionals, likely associated with the expanding Asian population and the area's proximity to Silicon Valley.
The population grew from 42,806 in 2013 to 47,200 in 2022, a 10.3% increase. This growth, coupled with the rising median income, indicates strong economic development and increasing attractiveness of the area to affluent residents.
Newark's demographic and economic trends align with broader patterns observed in many parts of the San Francisco Bay Area. The increase in the Asian population and median income is characteristic of many tech-centric communities in Silicon Valley and its surrounding areas. The decrease in the White population percentage is consistent with demographic shifts seen in many California urban and suburban areas.
The median household income of $132,834 in 2022 is higher than the national median, reflecting the high cost of living and the concentration of high-paying jobs in the region. The population density of about 3,069 people per square mile is typical for a suburban area near a major metropolitan center.
Newark (94560) has transformed over the past decade from a moderately diverse, middle-income suburb to a highly diverse, affluent community with a strong Asian plurality. This transition reflects broader regional trends related to the tech industry's growth and changing immigration patterns, resulting in a dynamic, economically prosperous area that exemplifies the evolving face of suburban California.