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Demographics
Population
Median Income
Racial Distributions
The 07504 zip code in Paterson, New Jersey, is classified as a "Majority-Minority" area with "High Diversity" as of 2022. Hispanics form the majority at 59%, while Black residents represent 35% of the population. This area has undergone significant demographic changes over the past decade, accompanied by fluctuations in median income and population size.
The area transitioned from a "Black Plurality" in 2013 (52% Black, 46% Hispanic) to a "Hispanic Majority" by 2018 (53% Hispanic). This trend continued, with the Hispanic population reaching 59% by 2022. Concurrently, the Black population experienced a consistent decline from 52% in 2013 to 35% in 2022. Small increases in Asian and multiracial populations have contributed to a more diverse community profile.
Economic indicators show volatility in the area. Median income peaked at $83,775 in 2015 before declining to $65,572 in 2022. The population initially decreased from 2010 to 2019 but subsequently grew from 10,732 in 2019 to 13,558 in 2022. This population growth coincided with the solidification of the Hispanic majority.
The demographic shift from a Black plurality to a Hispanic majority aligns with broader trends observed in many urban areas across the United States, particularly in the Northeast and Midwest. Despite demographic changes, the median income has generally remained above $65,000, indicating a relatively stable economic base for a highly diverse urban area.
With a population of 13,558 in 0.8 square miles, this zip code is extremely densely populated, which is characteristic of many urban areas in New Jersey and the New York metropolitan area. The rapid demographic shifts and population growth in recent years classify this as a "Transitional Community" undergoing significant changes in its social and economic fabric.
This analysis reveals a community in transition, shifting from a predominantly Black area to one with a strong Hispanic majority while maintaining high diversity. These demographic changes have been accompanied by periods of both economic growth and contraction. Monitoring how these changes impact local services, cultural institutions, and economic opportunities for residents of all backgrounds will be crucial as the community continues to evolve.