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Demographics
Population
Population Density
The historical population data for the ZIP code 07703 in Eatontown, New Jersey, spanning from 2010 to 2022, reveals a fluctuating trend in population and population density. The area, covering 0.88 square miles, has experienced a general decline in population over the years, from a peak of 938 in 2010 to 601 in 2022. Correspondingly, the population density has decreased from 1,065.91 people per square mile in 2010 to 682.95 people per square mile in 2022.
Based on the 2022 population density of 682.95 people per square mile, the ZIP code 07703 can be classified as a suburban rural area. Suburban rural areas typically feature clustered housing developments with lot sizes around 1 acre, offering a blend of rural openness and suburban amenities. The estimated number of housing units corresponding to the 2022 population, based on the national average household size of 2.61, is approximately 230 units.
The lifestyle in this suburban rural setting is likely to be family-oriented, with a focus on quieter neighborhoods close to nature while still having access to suburban conveniences such as community centers and parks. Residents may engage in activities like hobby farming, horse ownership, and outdoor recreation, taking advantage of the natural surroundings.
However, it is important to note that the population and population density have been on a downward trend over the past decade. This decline suggests that the area may be experiencing a shift in demographics or a change in the local economy. Factors such as an aging population, migration patterns, or changes in housing preferences could be contributing to this trend.
Despite the population decline, the area's classification as suburban rural indicates that it maintains a balance between rural and suburban characteristics. The relatively low population density and estimated housing units suggest that the area has not undergone significant urban development or densification in recent years.
In conclusion, the ZIP code 07703 in Eatontown, New Jersey, can be characterized as a suburban rural area based on its 2022 population density. The lifestyle in this area is likely to be family-oriented, with a focus on quieter neighborhoods and access to nature and suburban amenities. However, the declining population trend over the past decade suggests potential shifts in demographics or local economic conditions that may impact the area's future development and lifestyle dynamics.