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Demographic Shifts in Zip Code 07020: From White Plurality to High Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 07020 in Edgewater, New Jersey, is classified as a "High Diversity" community as of 2022. No racial group exceeds 40% of the population, with Asian (41%), White (36%), and Hispanic (13%) populations being the most significant. The area's population has grown from 10,393 in 2010 to 13,788 in 2022. The median income has increased to $134,927 in 2022, indicating an affluent community.
The racial composition of the zip code has changed significantly over the past decade. In 2013, the community was categorized as having "Moderate Diversity," with White (43%) and Asian (35%) populations being the largest groups. By 2022, the area had transitioned to a "High Diversity" classification. The Asian population increased from 35% in 2013 to 41% in 2022, while the White population decreased from 43% to 36%. This shift represents a change from a White plurality to an Asian plurality.
The Hispanic population has remained relatively stable, fluctuating between 13-15% throughout the decade. The population identifying as two or more races has grown from 1% in 2013 to 5% in 2022, further contributing to the area's increasing diversity. These changes suggest that Edgewater could also be classified as a "Transitional Community," with clear trends towards increasing diversity over the past decade.
The demographic shifts have occurred alongside significant economic growth. The median income has risen from $121,678 in 2013 to $134,927 in 2022, an increase of about 11%. This growth in income correlates with the increasing Asian population. The population growth from 11,256 in 2013 to 13,788 in 2022 (a 22.5% increase) suggests that the area has become increasingly attractive to new residents.
The demographic shifts observed in Edgewater align with broader trends seen in many suburban areas near major cities, particularly on the East Coast. The increasing Asian population and growing diversity reflect patterns of immigration and migration seen in other parts of the New York metropolitan area. The economic growth in this zip code outpaces national averages, with the median income significantly higher than the U.S. median household income.
The transition to a "High Diversity" community with no clear racial majority is part of a larger national trend towards increasing diversity, especially in suburban areas near major cities. However, the specific pattern of Asian plurality is less common nationally and more characteristic of certain areas with high concentrations of Asian American professionals.
Edgewater (07020) has evolved into a highly diverse, affluent community over the past decade, characterized by significant Asian population growth, steady Hispanic representation, and a decreasing but still substantial White population. These demographic shifts have occurred alongside strong economic growth, suggesting a dynamic and changing community that reflects broader trends of increasing diversity and suburban gentrification in the New York metropolitan area.
