ZIP Code 07003 Economic Characteristics

ZIP Code 07003 Employment

- Unemployment Rate:
  6.6%
Employed:
28,612
Unemployed:
2,023
Armed Forces:
0
Not in Labor Force:
11,984

Employed:	28,612
Unemployed:	2,023
Armed Forces:	0
Not in Labor Force:	11,984

The unemployment rate in ZIP Code 07003 is 6.6%, it's higher than the national unemployment rate.
In ZIP Code 07003, there are 28,612 people who are employed, 2,023 people who are unemployed, 0 people who are armed forces, and 11,984 people who are not in labor force.

ZIP Code 07003 Commuting

Mean Travel Time to Work:
33.5 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
17,051	2,374	4,097	801	272	3,326

Drove Alone	17,051
Carpooled	2,374
Public Transportation	4,097
Walked	801
Other Means	272
Worked from Home	3,326

In ZIP Code 07003, 17,051 people go to work by driving alone, 2,374 people go to work by carpooling. 4,097 people take the public transportation to their companies. 801 people walk to their companies. 3,326 people work at home.
In ZIP Code 07003, people usually take 33.5 minutes on commuting.

ZIP Code 07003 Occupation

Management, Business, Science, and Arts:
13,979
Service:
4,767
Sales and Office:
5,491
Natural Resources, Construction, and Maintenance:
1,526
Production, Transportation, and Material Moving:
2,849

Management, Business, Science, and Arts:	13,979
Service:	4,767
Sales and Office:	5,491
Natural Resources, Construction, and Maintenance:	1,526
Production, Transportation, and Material Moving:	2,849

In ZIP Code 07003, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 07003 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	65
Construction	1,097
Manufacturing	1,775
Wholesale Trade	884
Retail Trade	2,749
Transportation and Warehousing, and Utilities	1,569
Information	1,079
Finance and Insurance, and Real Estate and Rental and Leasing	2,237
Professional, Scientific, and Management, and Administrative and Waste Management Services	3,421
Educational Services, and Health Care and Social Assistance	8,387
Arts, Entertainment, and Recreation, and Accommodation and Food Services	2,173
Other Services, except Public Administration	1,710
Public Administration	1,466

In ZIP Code 07003, 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 07003 Income & Benefits

Median Household Income:
$86,195
Per Capita Income:
$42,721

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
682	665	1,101	830	1,749	3,579	2,882	3,499	2,486	2,486

<$10,000	682
$10,000 - $14,999	665
$15,000 - $24,999	1,101
$25,000 - $34,999	830
$35,000 - $49,999	1,749
$50,000 - $74,999	3,579
$75,000 - $99,999	2,882
$100,000 - $149,999	3,499
$150,000 - $199,999	2,486
≥ $200,000	2,486

Benefits

With Earnings:	17,310
With Social Security:	4,758
With Retirement Income:	3,673
With Supplemental Security Income:	720
With Cash Public Assistance Income:	572
With Food Stamp/SNAP Benefits in the Past 12 Month:	1,392

The median household income in ZIP Code 07003 is $86,195, it's higher than the national median household income.
The per capita income in ZIP Code 07003 is $42,721, it's higher than the national per capita income.
In ZIP Code 07003, 682 households income less than $10,000. 2486 households income more than $200,000.
In ZIP Code 07003, 17,310 people have earnings. 4,758 people have social security. 3,673 people have retirement income. 720 people have supplemental security income. 572 people have cash public assistance income. 1,392 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07003 Poverty Rate

All Families:
4.8%
All People:
7.3%

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

The families' poverty rate is 4.8%, and the people's poverty rate is 7.3% in ZIP Code 07003.

ZIP Code 07003 Health Insurance Coverage

With Health Insurance Coverage:
48,018
No Health Insurance Coverage:
4,218

With Health Insurance Coverage:	48,018
No Health Insurance Coverage:	4,218

In ZIP Code 07003, there are 48,018 people with health insurance, 4,218 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07003 is 91.9%.

ZIP Code 07003 Computer & Internet Use

With a Computer:
95%
With a Broadband Internet Subscription:
91.9%

* 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 07003, 95% of people use computer, 91.9% of people have a broadband internet subscription.

More Information

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