Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Zip code 07648, representing Norwood in New Jersey, is classified as a "White Majority" community with moderate diversity as of 2022. The white population constitutes 59% of the total, while Asian residents represent 32%. The area is characterized by high median incomes, indicating an affluent suburban community.
Over the past decade, Norwood has maintained its "White Majority" status. The white population decreased from 63% in 2013 to 59% in 2022. The Asian population remained relatively stable, fluctuating between 27% and 35%. The Hispanic population maintained a small but consistent presence, ranging from 5% to 8%. Other racial groups had minimal representation, with slight increases in the "two or more races" category in recent years.
The median income in Norwood has shown significant fluctuations over the decade. In 2013, it was $96,171, peaking at $144,402 in 2017, and settling at $124,221 in 2022. Despite these fluctuations, the overall trend shows a substantial increase in median income from 2013 to 2022, with a 29% growth over this period. This economic growth coincides with the subtle demographic shifts, potentially indicating that the area has become increasingly attractive to diverse, high-income professionals.
Population trends have remained relatively stable, with a slight decrease from 5,455 in 2013 to 5,370 in 2022. This stability, combined with rising incomes, suggests a community that has maintained its desirability while gradually becoming more diverse.
The high median income and its growth over the decade likely outpace national averages, indicating that Norwood is an affluent suburb. The gradual increase in diversity, particularly the stable Asian population, may reflect broader trends of Asian immigration to affluent suburban areas in the United States. The community's ability to maintain a high median income while slowly diversifying suggests a successful integration of new residents without significant economic disruption.
Norwood presents a picture of a stable, affluent community slowly trending towards increased diversity. While it remains a "White Majority" area, the gradual changes in demographics, coupled with rising incomes, suggest a community that is evolving while maintaining its economic status. This trend aligns with broader patterns seen in many affluent suburbs across the United States, where increased diversity often correlates with sustained or increasing prosperity.