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Demographics
Population
Median Income
Racial Distributions
As of 2022, zip code 08831 in Forsgate, New Jersey, is categorized as a "White Majority" community with moderate diversity. The white population constitutes 65% of the total, while Asian (22%) and Hispanic (9%) communities form significant minorities. The area has experienced steady population growth and maintains a high median income of $127,717, significantly above the national average.
Over the past decade, this zip code has undergone a gradual transition from a "Low Diversity" community to one with "Moderate Diversity." In 2013, the area was firmly in the "White Majority" category with 76% of the population identifying as white. However, by 2022, this percentage had decreased to 65%, while Asian and Hispanic populations grew significantly.
The Asian population increased from 14% in 2013 to 22% in 2022. The Hispanic population also saw steady growth, increasing from 5% to 9% over the same period. These shifts indicate a "Transitional Community," moving towards greater diversity.
The demographic shifts correlate with a substantial increase in median income. From 2013 to 2022, the median income rose from $108,601 to $127,717, an increase of about 17.6%. The population has also grown significantly, from 47,920 in 2013 to 55,990 in 2022, an increase of about 16.8%.
The trends observed in this zip code align with broader patterns seen in many affluent suburban areas across the United States, particularly those near major metropolitan centers. The growth in Asian and Hispanic populations mirrors national trends, where these groups have been among the fastest-growing segments of the U.S. population.
The high median income and its growth rate suggest that this area is outpacing national averages in terms of economic prosperity. The median household income in the U.S. in 2022 was around $70,784, making this zip code's median income nearly 80% higher than the national figure.
The gradual shift towards greater diversity, while maintaining high income levels, indicates that this community is integrating new residents from various backgrounds without experiencing economic decline. This pattern is often seen in high-performing school districts and areas with strong job markets in sectors like technology, finance, or healthcare.
Zip code 08831 in Forsgate, New Jersey, represents a community in transition. While still maintaining a white majority, it is steadily moving towards greater racial diversity. This demographic shift is accompanied by strong economic growth, suggesting a dynamic and prosperous area that is attracting a diverse, highly skilled workforce. These trends position the community for continued growth and potentially increasing diversity in the coming years.