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Demographics
Population
Median Income
Racial Distributions
Zip code 08512 in Cranbury, New Jersey, is classified as a "White Majority" community with "Moderate Diversity" as of 2022. The area has a population of 12,125 and a median income of $157,237, indicating a relatively affluent suburb.
Over the past decade, Cranbury has undergone a notable transition in its racial composition. In 2013, the community was firmly in the "White Majority" category with 59% of the population identifying as white. However, by 2022, this percentage had decreased to 53%, just barely maintaining its majority status.
The most significant change has been the increase in the Asian population, rising from 27% in 2013 to 29% in 2022, with a peak of 32% in 2021. This trend suggests a shift towards a more diverse community, potentially moving towards a "Moderate Diversity" classification if current trends continue.
The Hispanic population has fluctuated, peaking at 15% in 2016 before declining to 9% in 2022. The Black population has shown a gradual increase from 3% to 6% over the decade. These changes indicate a community in transition, moving from a clear "White Majority" towards a more diverse demographic makeup.
The demographic shifts have coincided with a significant increase in median income. From 2013 to 2022, the median income rose from $134,424 to $157,237, an increase of about 17%. This suggests that the increasing diversity in the community has been accompanied by economic growth.
The population has also grown from 10,957 in 2013 to 12,125 in 2022, an increase of about 10.7%. This population growth, combined with rising incomes and increasing diversity, points to Cranbury becoming an increasingly attractive location for affluent, diverse households.
The trends observed in Cranbury align with broader national patterns of increasing diversity in suburban areas, particularly those with high median incomes. The growth in the Asian population is consistent with trends seen in many affluent suburbs across the United States, especially in tech-heavy regions.
The steady increase in median income surpasses national averages, indicating that Cranbury is becoming increasingly affluent relative to the country as a whole. This could be attracting a more diverse, highly educated workforce, contributing to the demographic shifts observed.
Cranbury (08512) is undergoing a gradual but significant demographic transition. While still categorized as a "White Majority" community, it is trending towards greater diversity, particularly with growth in the Asian population. These changes are occurring alongside substantial economic growth, as evidenced by rising incomes and population. If these trends continue, Cranbury may soon transition from a "White Majority" to a "Majority-Minority" or "High Diversity" community, reflecting broader national trends of increasing suburban diversity, particularly in affluent areas.