Loading Content...
Demographic and Racial Analysis of Zip Code 08341: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Zip code 08341 in Buena, New Jersey, is classified as a "White Majority" community with moderate diversity as of 2022. The population is 1,129 with a median income of $76,596. Whites comprise 51% of the population, while Hispanics represent 29% and Asians 11%, indicating a diverse mix within a small community.
Over the past decade, Buena has experienced a transformation in its racial composition. In 2013, the area was categorized as "White Majority" with 62% of the population being white. By 2022, while still maintaining a white majority, the community has shifted towards increased diversity. The Hispanic population has remained relatively stable, fluctuating between 26% and 38% over the years, currently at 29%. The Asian population has increased significantly, from nearly non-existent in earlier years to 11% by 2020, maintaining that level through 2022.
The Black population has fluctuated, peaking at 10% in 2019 but settling at 5% in recent years. The emergence of a "Two or More Races" category in later years further underscores the increasing diversity of the community. These demographic shifts indicate a trend towards a more diverse community, potentially moving towards a "Moderate Diversity" classification if current trends continue.
The economic landscape of Buena has seen dramatic shifts over the past decade. From 2013 to 2019, the median income showed a downward trend, dropping from $49,097 to $39,495. This decline coincided with the period of relative stability in racial demographics. However, 2020 marked a significant turning point. The median income nearly doubled to $76,351, coinciding with the notable increase in the Asian population and a slight decrease in the Hispanic population. This trend continued into 2021 and 2022, with the median income reaching $79,673 in 2021 before slightly decreasing to $76,596 in 2022.
The economic uplift correlates with the increased diversity in the community, particularly the growth of the Asian population. It suggests that the influx of new residents may have contributed to the overall economic improvement of the area. The demographic shifts observed in Buena align with broader national trends of increasing diversity in suburban and rural areas. The significant economic improvement since 2020 is noteworthy and may indicate resilience or adaptation in the local economy.
The stable Hispanic population amid increasing Asian representation reflects national patterns of diverse immigrant communities contributing to local demographic and economic landscapes. The substantial increase in median income since 2020 outpaces national averages and may suggest localized factors such as new employment opportunities or changing industry dynamics in the region. Buena has evolved from a predominantly white community with economic challenges to a more diverse, economically stronger area over the past decade. The correlation between increased racial diversity and economic improvement suggests a positive impact of demographic changes on the local economy.
