ZIP Code 07002 Economic Characteristics

ZIP Code 07002 Employment

- Unemployment Rate:
  6.2%
Employed:
34,106
Unemployed:
2,251
Armed Forces:
127
Not in Labor Force:
19,636

Employed:	34,106
Unemployed:	2,251
Armed Forces:	127
Not in Labor Force:	19,636

The unemployment rate in ZIP Code 07002 is 6.2%, it's higher than the national unemployment rate.
In ZIP Code 07002, there are 34,106 people who are employed, 2,251 people who are unemployed, 127 people who are armed forces, and 19,636 people who are not in labor force.

ZIP Code 07002 Commuting

Mean Travel Time to Work:
34.8 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
17,573	2,749	7,679	2,043	843	2,639

Drove Alone	17,573
Carpooled	2,749
Public Transportation	7,679
Walked	2,043
Other Means	843
Worked from Home	2,639

In ZIP Code 07002, 17,573 people go to work by driving alone, 2,749 people go to work by carpooling. 7,679 people take the public transportation to their companies. 2,043 people walk to their companies. 2,639 people work at home.
In ZIP Code 07002, people usually take 34.8 minutes on commuting.

ZIP Code 07002 Occupation

Management, Business, Science, and Arts:
12,831
Service:
6,418
Sales and Office:
7,874
Natural Resources, Construction, and Maintenance:
2,373
Production, Transportation, and Material Moving:
4,610

Management, Business, Science, and Arts:	12,831
Service:	6,418
Sales and Office:	7,874
Natural Resources, Construction, and Maintenance:	2,373
Production, Transportation, and Material Moving:	4,610

In ZIP Code 07002, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 07002 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	0
Construction	1,620
Manufacturing	2,300
Wholesale Trade	934
Retail Trade	4,098
Transportation and Warehousing, and Utilities	3,679
Information	782
Finance and Insurance, and Real Estate and Rental and Leasing	2,799
Professional, Scientific, and Management, and Administrative and Waste Management Services	4,541
Educational Services, and Health Care and Social Assistance	7,372
Arts, Entertainment, and Recreation, and Accommodation and Food Services	2,988
Other Services, except Public Administration	1,430
Public Administration	1,563

In ZIP Code 07002, 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 07002 Income & Benefits

Median Household Income:
$72,839
Per Capita Income:
$35,905

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
1,409	1,093	1,824	2,356	2,951	4,331	3,296	4,923	2,123	2,730

<$10,000	1,409
$10,000 - $14,999	1,093
$15,000 - $24,999	1,824
$25,000 - $34,999	2,356
$35,000 - $49,999	2,951
$50,000 - $74,999	4,331
$75,000 - $99,999	3,296
$100,000 - $149,999	4,923
$150,000 - $199,999	2,123
≥ $200,000	2,730

Benefits

With Earnings:	21,718
With Social Security:	7,867
With Retirement Income:	4,727
With Supplemental Security Income:	1,385
With Cash Public Assistance Income:	606
With Food Stamp/SNAP Benefits in the Past 12 Month:	3,900

The median household income in ZIP Code 07002 is $72,839, it's higher than the national median household income.
The per capita income in ZIP Code 07002 is $35,905, it's higher than the national per capita income.
In ZIP Code 07002, 1409 households income less than $10,000. 2730 households income more than $200,000.
In ZIP Code 07002, 21,718 people have earnings. 7,867 people have social security. 4,727 people have retirement income. 1,385 people have supplemental security income. 606 people have cash public assistance income. 3,900 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07002 Poverty Rate

All Families:
7.4%
All People:
11.1%

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

The families' poverty rate is 7.4%, and the people's poverty rate is 11.1% in ZIP Code 07002.

ZIP Code 07002 Health Insurance Coverage

With Health Insurance Coverage:
64,385
No Health Insurance Coverage:
6,041

With Health Insurance Coverage:	64,385
No Health Insurance Coverage:	6,041

In ZIP Code 07002, there are 64,385 people with health insurance, 6,041 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07002 is 91.4%.

ZIP Code 07002 Computer & Internet Use

With a Computer:
92.6%
With a Broadband Internet Subscription:
87.9%

* 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 07002, 92.6% of people use computer, 87.9% of people have a broadband internet subscription.

More Information

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