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Demographics
Population
Median Income
Racial Distributions
Munsey Park, a village in New York, exhibits a White Majority demographic composition with a high median income. In 2022, the neighborhood has Low Diversity, with the white population constituting 66% of residents. Munsey Park has one of the highest median household incomes in the United States, exceeding $190,000 over the past decade. This affluent suburban community is characterized by tree-lined streets and large homes, reflecting its status as an enclave for high-income professionals.
Over the past decade, Munsey Park has undergone a demographic transition. In 2013, the community was categorized as Low Diversity with a strong White Majority (84%). By 2022, while still maintaining a White Majority, the community has shifted towards Moderate Diversity. This transition is primarily driven by an increase in the Asian population, which grew from 8% in 2013 to 20% in 2022. The Hispanic population has also grown modestly, increasing from 5% to 8% over the same period. The community has begun to show signs of becoming a Transitional Community, particularly with the steady increase in Asian and multiracial residents.
Munsey Park's economic status has remained stable despite demographic changes. The median income has fluctuated between $186,462 and $197,958 over the past decade, showing a slight upward trend. This suggests that the influx of new racial groups, particularly Asian residents, has not significantly altered the overall economic profile of the community. The consistent high income levels may indicate that new residents are of similar socioeconomic status to the existing population.
The population has increased from 7,605 in 2013 to 8,390 in 2022. This growth, coupled with stable high income levels, suggests that Munsey Park remains attractive for affluent professionals, regardless of racial background.
The demographic shifts in Munsey Park align with broader trends seen in many affluent suburban communities across the United States, particularly those near major metropolitan areas. The increase in Asian population is consistent with national trends of growing Asian representation in high-income professions and neighborhoods. Munsey Park's extremely high median income sets it apart from most communities experiencing similar demographic shifts.
The community's resistance to significant economic change amid demographic shifts is notable. Unlike some areas where rapid diversification can lead to economic fluctuations, Munsey Park has maintained its status as an extremely high-income enclave. This stability might be attributed to strict zoning laws, high property values, and the village's reputation as an exclusive community, which likely influences who can afford to move into the area regardless of racial background.
Munsey Park presents a case of gradual racial diversification within a consistently affluent context. As the community continues to evolve, it will be of interest to observe whether it maintains its economic homogeneity or if further demographic changes will impact its socioeconomic landscape.