ZIP Code 05055 Economic Characteristics

ZIP Code 05055 Employment

- Unemployment Rate:
  6.6%
Employed:
1,678
Unemployed:
118
Armed Forces:
0
Not in Labor Force:
898

Employed:	1,678
Unemployed:	118
Armed Forces:	0
Not in Labor Force:	898

The unemployment rate in ZIP Code 05055 is 6.6%, it's higher than the national unemployment rate.
In ZIP Code 05055, there are 1,678 people who are employed, 118 people who are unemployed, 0 people who are armed forces, and 898 people who are not in labor force.

ZIP Code 05055 Commuting

Mean Travel Time to Work:
17.8 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
1,107	216	4	101	37	209

Drove Alone	1,107
Carpooled	216
Public Transportation	4
Walked	101
Other Means	37
Worked from Home	209

In ZIP Code 05055, 1,107 people go to work by driving alone, 216 people go to work by carpooling. 4 people take the public transportation to their companies. 101 people walk to their companies. 209 people work at home.
In ZIP Code 05055, people usually take 17.8 minutes on commuting.

ZIP Code 05055 Occupation

Management, Business, Science, and Arts:
1,093
Service:
140
Sales and Office:
131
Natural Resources, Construction, and Maintenance:
128
Production, Transportation, and Material Moving:
186

Management, Business, Science, and Arts:	1,093
Service:	140
Sales and Office:	131
Natural Resources, Construction, and Maintenance:	128
Production, Transportation, and Material Moving:	186

In ZIP Code 05055, most people are employed in the sector of management, business, science, and arts and production, transportation, and material moving.

ZIP Code 05055 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	11
Construction	120
Manufacturing	110
Wholesale Trade	17
Retail Trade	151
Transportation and Warehousing, and Utilities	21
Information	53
Finance and Insurance, and Real Estate and Rental and Leasing	69
Professional, Scientific, and Management, and Administrative and Waste Management Services	167
Educational Services, and Health Care and Social Assistance	706
Arts, Entertainment, and Recreation, and Accommodation and Food Services	160
Other Services, except Public Administration	52
Public Administration	41

In ZIP Code 05055, most people work in educational services, and health care and social assistance and professional, scientific, and management, and administrative and waste management services.

ZIP Code 05055 Income & Benefits

Median Household Income:
$122,857
Per Capita Income:
$62,341

Households Income

<$10,000	$10,000 - $14,999	$15,000 - $24,999	$25,000 - $34,999	$35,000 - $49,999	$50,000 - $74,999	$75,000 - $99,999	$100,000 - $149,999	$150,000 - $199,999	≥ $200,000
33	8	85	54	139	109	121	172	142	357

<$10,000	33
$10,000 - $14,999	8
$15,000 - $24,999	85
$25,000 - $34,999	54
$35,000 - $49,999	139
$50,000 - $74,999	109
$75,000 - $99,999	121
$100,000 - $149,999	172
$150,000 - $199,999	142
≥ $200,000	357

Benefits

With Earnings:	1,017
With Social Security:	373
With Retirement Income:	250
With Supplemental Security Income:	51
With Cash Public Assistance Income:	45
With Food Stamp/SNAP Benefits in the Past 12 Month:	94

The median household income in ZIP Code 05055 is $122,857, it's higher than the national median household income.
The per capita income in ZIP Code 05055 is $62,341, it's higher than the national per capita income.
In ZIP Code 05055, 33 households income less than $10,000. 357 households income more than $200,000.
In ZIP Code 05055, 1,017 people have earnings. 373 people have social security. 250 people have retirement income. 51 people have supplemental security income. 45 people have cash public assistance income. 94 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 05055 Poverty Rate

All Families:
1.8%
All People:
5.9%

* The percentage of families and people whose income in the past 12 months is below the poverty level.

The families' poverty rate is 1.8%, and the people's poverty rate is 5.9% in ZIP Code 05055.

ZIP Code 05055 Health Insurance Coverage

With Health Insurance Coverage:
3,354
No Health Insurance Coverage:
20

With Health Insurance Coverage:	3,354
No Health Insurance Coverage:	20

In ZIP Code 05055, there are 3,354 people with health insurance, 20 people still don't have health insurance. The health insurance coverage rate in ZIP Code 05055 is 99.4%.

ZIP Code 05055 Computer & Internet Use

With a Computer:
98.9%
With a Broadband Internet Subscription:
90%

* The ACS considers desktops, laptops, tablets, and smartphones as computers, along with selected computing technologies such as smart home devices and single-board computers.

In ZIP Code 05055, 98.9% of people use computer, 90% of people have a broadband internet subscription.

More Information

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