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Demographic Evolution of Zip Code 08722: White Majority with Emerging Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 08722, Beachwood in New Jersey, is classified as a "White Majority" community with "Low Diversity" as of 2022. The white population constitutes 79% of the total, while Hispanic residents account for 12%. The median income in 2022 was $81,447, representing a slight decrease from the previous year but an overall increase since 2013.
Over the past decade, Beachwood has maintained its "White Majority" status. However, gradual shifts towards increased diversity are evident. The white population decreased from 87% in 2013 to 79% in 2022, while the Hispanic population increased from 8% to 12% during the same period. The community displays early indicators of potentially becoming a "Transitional Community". The percentage of residents identifying as two or more races increased from 1% in 2013 to 3% in 2022, and the Black population grew from 1% to 5%.
The median income in Beachwood has fluctuated but shows an overall upward trend. From $86,811 in 2013, it decreased to $75,155 in 2016 before rising to $90,251 in 2021. The 2022 figure of $81,447 represents a slight decline from the previous year but still indicates overall economic growth over the decade. Periods of increasing diversity appear to correlate with periods of economic growth, as seen in the years 2018-2021.
Beachwood's diversification is occurring at a slower rate compared to national averages. Nationally, the white population decreased from 63.7% in 2010 to 57.8% in 2020, a more significant drop than observed in Beachwood. The median household income in the United States was $70,784 in 2021, suggesting that Beachwood generally maintains a higher economic status than the national average. This could potentially be a factor in the slower rate of demographic change, as higher-income areas often experience less rapid demographic shifts.
Beachwood remains a "White Majority" community with "Low Diversity," but signs of a gradual transition towards greater diversity are present. This shift is occurring alongside overall economic growth, suggesting a stable community undergoing slow but steady demographic changes. The coming years will be crucial in determining whether these trends accelerate, potentially moving the community towards "Moderate Diversity" or maintaining its current demographic composition.
