ZIP Code 07008 Economic Characteristics

ZIP Code 07008 Employment

- Unemployment Rate:
  7.1%
Employed:
11,613
Unemployed:
890
Armed Forces:
0
Not in Labor Force:
7,045

Employed:	11,613
Unemployed:	890
Armed Forces:	0
Not in Labor Force:	7,045

The unemployment rate in ZIP Code 07008 is 7.1%, it's higher than the national unemployment rate.
In ZIP Code 07008, there are 11,613 people who are employed, 890 people who are unemployed, 0 people who are armed forces, and 7,045 people who are not in labor force.

ZIP Code 07008 Commuting

Mean Travel Time to Work:
30.1 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
7,896	1,455	1,056	260	300	475

Drove Alone	7,896
Carpooled	1,455
Public Transportation	1,056
Walked	260
Other Means	300
Worked from Home	475

In ZIP Code 07008, 7,896 people go to work by driving alone, 1,455 people go to work by carpooling. 1,056 people take the public transportation to their companies. 260 people walk to their companies. 475 people work at home.
In ZIP Code 07008, people usually take 30.1 minutes on commuting.

ZIP Code 07008 Occupation

Management, Business, Science, and Arts:
3,622
Service:
1,562
Sales and Office:
2,659
Natural Resources, Construction, and Maintenance:
778
Production, Transportation, and Material Moving:
2,992

Management, Business, Science, and Arts:	3,622
Service:	1,562
Sales and Office:	2,659
Natural Resources, Construction, and Maintenance:	778
Production, Transportation, and Material Moving:	2,992

In ZIP Code 07008, most people are employed in the sector of management, business, science, and arts and production, transportation, and material moving.

ZIP Code 07008 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	103
Construction	674
Manufacturing	1,106
Wholesale Trade	456
Retail Trade	1,523
Transportation and Warehousing, and Utilities	1,866
Information	234
Finance and Insurance, and Real Estate and Rental and Leasing	809
Professional, Scientific, and Management, and Administrative and Waste Management Services	1,490
Educational Services, and Health Care and Social Assistance	1,927
Arts, Entertainment, and Recreation, and Accommodation and Food Services	648
Other Services, except Public Administration	305
Public Administration	472

In ZIP Code 07008, most people work in educational services, and health care and social assistance and transportation and warehousing, and utilities.

ZIP Code 07008 Income & Benefits

Median Household Income:
$74,623
Per Capita Income:
$29,689

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
294	303	424	662	959	1,512	1,527	1,269	517	764

<$10,000	294
$10,000 - $14,999	303
$15,000 - $24,999	424
$25,000 - $34,999	662
$35,000 - $49,999	959
$50,000 - $74,999	1,512
$75,000 - $99,999	1,527
$100,000 - $149,999	1,269
$150,000 - $199,999	517
≥ $200,000	764

Benefits

With Earnings:	6,789
With Social Security:	2,900
With Retirement Income:	1,675
With Supplemental Security Income:	498
With Cash Public Assistance Income:	144
With Food Stamp/SNAP Benefits in the Past 12 Month:	886

The median household income in ZIP Code 07008 is $74,623, it's higher than the national median household income.
The per capita income in ZIP Code 07008 is $29,689, it's lower than the national per capita income.
In ZIP Code 07008, 294 households income less than $10,000. 764 households income more than $200,000.
In ZIP Code 07008, 6,789 people have earnings. 2,900 people have social security. 1,675 people have retirement income. 498 people have supplemental security income. 144 people have cash public assistance income. 886 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07008 Poverty Rate

All Families:
7.5%
All People:
8.6%

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

The families' poverty rate is 7.5%, and the people's poverty rate is 8.6% in ZIP Code 07008.

ZIP Code 07008 Health Insurance Coverage

With Health Insurance Coverage:
21,810
No Health Insurance Coverage:
3,275

With Health Insurance Coverage:	21,810
No Health Insurance Coverage:	3,275

In ZIP Code 07008, there are 21,810 people with health insurance, 3,275 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07008 is 86.9%.

ZIP Code 07008 Computer & Internet Use

With a Computer:
91.5%
With a Broadband Internet Subscription:
84.6%

* 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 07008, 91.5% of people use computer, 84.6% of people have a broadband internet subscription.

More Information

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