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Demographic Transition in Zip Code 08555: From White Majority to Increasing Hispanic Representation
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 08555 in Roosevelt, New Jersey, is classified as a "White Majority" community as of 2022. The population is 596 with a median income of $109,825. This classification does not fully represent the area's changing demographics and economic landscape over the past decade.
The area has transitioned from "Low Diversity" to "Moderate Diversity" between 2013 and 2022. The white population decreased from 74% to 68%, while the Hispanic population increased from 10% to 28%. This shift suggests a "Transitional Community" status. Other minority groups experienced a decline, with the Asian population decreasing from 5% to 1% and the Black population from 4% to 1%.
Economic trends show significant growth. The median income increased from $84,206 in 2013 to $109,825 in 2022, a 30% increase. The population grew from 471 in 2013 to 596 in 2022, a 26% increase. These trends indicate a thriving community.
The simultaneous increase in Hispanic population, overall population, and median income suggests that the influx of Hispanic residents may contribute to the area's economic growth. This could indicate that new Hispanic residents are likely middle to upper-middle class, potentially altering the community's socioeconomic composition.
The growth in median income in this zip code exceeds the national average, suggesting a rapidly improving economic situation. The increase in Hispanic population aligns with broader national trends of growing Hispanic communities in the United States, although the rate of increase here is notably rapid. The maintenance of a high median income alongside increasing diversity challenges some national patterns where increasing diversity has sometimes correlated with income stagnation or decline.
Zip code 08555 in Roosevelt, New Jersey, presents a case of a community transitioning from low to moderate diversity, primarily driven by Hispanic population growth. This demographic shift has occurred alongside substantial economic growth, suggesting a complex interplay between changing racial composition and improving economic conditions. The community appears to be in a state of positive transition, maintaining its economic strength while becoming more diverse, which could lead to evolving community dynamics in the coming years.
