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Demographics
Population
Median Income
Racial Distributions
Zip code 08109 in Merchantville, New Jersey, experienced significant demographic changes from 2013 to 2022. The area transitioned from a White Plurality community to one of Moderate Diversity. As of 2022, the population was 24,686 with a median income of $65,160. No single racial group held a clear majority.
In 2013, whites comprised 49% of the population. By 2022, this percentage decreased to 36%. Concurrently, the Hispanic population increased from 22% to 29%, the Black population from 19% to 23%, and the Asian population from 7% to 8%. This shift resulted in a more balanced racial composition, with no group exceeding 40% of the population and three groups (White, Hispanic, and Black) each representing over 20% of the community.
The community approached Majority-Minority status, with minority groups collectively constituting 64% of the population in 2022. These demographic changes occurred alongside economic fluctuations. The median income varied over the years, ranging from $63,600 in 2013 to $76,798 in 2021, before decreasing to $65,160 in 2022.
The population grew from 23,617 in 2013 to 24,686 in 2022, an increase of approximately 4.5%. The period of highest income (2021) coincided with a peak in diversity, suggesting a potential association between increased diversity and economic growth in this area.
The trends observed in zip code 08109 align with broader patterns seen in many suburban areas across the United States. Many suburbs have experienced increasing racial and ethnic diversity over the past decade, particularly in areas near major cities. Despite demographic changes and economic fluctuations, the area maintained a relatively stable median income, indicating economic resilience.
The modest but steady population growth in this zip code is consistent with trends seen in many desirable suburban areas, particularly those experiencing increased diversity. This demographic transformation, accompanied by population growth and relatively stable economic conditions, suggests a dynamic suburban landscape that reflects broader national trends towards increased diversity in suburban areas.