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Demographic Changes and Racial Composition in Zip Code 07721: A Study from 2013 to 2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 07721 in Laurence Harbor, New Jersey, is classified as a Moderate Diversity community as of 2022. The racial composition consists of 45% white, 17% Asian, 18% Hispanic, and 17% Black populations. This area has undergone significant demographic changes over the past decade, transitioning from a White Plurality to its current diverse composition. The community has experienced substantial economic growth, with the median income increasing from $81,093 in 2018 to $105,538 in 2022.
The demographic shifts in this zip code include a transition from White Plurality to Moderate Diversity. In 2013, whites comprised 43% of the population, which has evolved into a more balanced distribution among racial groups. The Asian population has grown from 11% in 2013 to 17% in 2022, while the Hispanic population increased from 12% to 18% during the same period. Conversely, there has been a notable decline in the Black population, from 32% in 2013 to 17% in 2022. The white population has remained relatively stable, fluctuating between 41% and 49% throughout the decade.
Economic trends in the area show substantial income growth, with the median income increasing by nearly 30% in four years. The population has grown from 3,422 in 2013 to 4,170 in 2022, an increase of about 22%. The increase in income and population appears to coincide with the area becoming more diverse, suggesting that the influx of new residents, particularly from Asian and Hispanic backgrounds, may be contributing to economic growth.
These trends align with broader patterns observed in many suburban areas near major metropolitan centers. The increasing diversity in this zip code reflects a national trend of growing racial and ethnic diversity in suburban areas. The correlation between increasing diversity and rising median incomes is consistent with studies showing that diverse communities often experience economic benefits. The decline in the Black population percentage, while other minority groups grow, might reflect broader patterns of Black suburban migration or could be unique to this area's local dynamics. The substantial increase in median income suggests that this area is experiencing economic growth at a rate higher than many other parts of the country.
Zip code 07721 has transformed over the past decade from a White Plurality community to one of Moderate Diversity, accompanied by significant economic growth. This evolution reflects broader national trends of increasing suburban diversity and suggests a dynamic, changing community that may be attracting new residents with its economic opportunities and diverse cultural landscape.
