ZIP Code 07023 Economic Characteristics

ZIP Code 07023 Employment

- Unemployment Rate:
  5.1%
Employed:
4,196
Unemployed:
224
Armed Forces:
0
Not in Labor Force:
1,666

Employed:	4,196
Unemployed:	224
Armed Forces:	0
Not in Labor Force:	1,666

The unemployment rate in ZIP Code 07023 is 5.1%,
In ZIP Code 07023, there are 4,196 people who are employed, 224 people who are unemployed, 0 people who are armed forces, and 1,666 people who are not in labor force.

ZIP Code 07023 Commuting

Mean Travel Time to Work:
44.7 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
2,462	252	463	44	31	917

Drove Alone	2,462
Carpooled	252
Public Transportation	463
Walked	44
Other Means	31
Worked from Home	917

In ZIP Code 07023, 2,462 people go to work by driving alone, 252 people go to work by carpooling. 463 people take the public transportation to their companies. 44 people walk to their companies. 917 people work at home.
In ZIP Code 07023, people usually take 44.7 minutes on commuting.

ZIP Code 07023 Occupation

Management, Business, Science, and Arts:
2,859
Service:
323
Sales and Office:
797
Natural Resources, Construction, and Maintenance:
109
Production, Transportation, and Material Moving:
108

Management, Business, Science, and Arts:	2,859
Service:	323
Sales and Office:	797
Natural Resources, Construction, and Maintenance:	109
Production, Transportation, and Material Moving:	108

In ZIP Code 07023, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 07023 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	0
Construction	362
Manufacturing	246
Wholesale Trade	71
Retail Trade	434
Transportation and Warehousing, and Utilities	242
Information	134
Finance and Insurance, and Real Estate and Rental and Leasing	575
Professional, Scientific, and Management, and Administrative and Waste Management Services	993
Educational Services, and Health Care and Social Assistance	685
Arts, Entertainment, and Recreation, and Accommodation and Food Services	232
Other Services, except Public Administration	160
Public Administration	62

In ZIP Code 07023, most people work in professional, scientific, and management, and administrative and waste management services and educational services, and health care and social assistance.

ZIP Code 07023 Income & Benefits

Median Household Income:
$178,311
Per Capita Income:
$69,106

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
38	25	70	90	58	144	342	401	380	1,122

<$10,000	38
$10,000 - $14,999	25
$15,000 - $24,999	70
$25,000 - $34,999	90
$35,000 - $49,999	58
$50,000 - $74,999	144
$75,000 - $99,999	342
$100,000 - $149,999	401
$150,000 - $199,999	380
≥ $200,000	1,122

Benefits

With Earnings:
2,237
With Social Security:
696
With Retirement Income:
463
With Supplemental Security Income:
20
With Cash Public Assistance Income:
0
With Food Stamp/SNAP Benefits in the Past 12 Month:
16

With Earnings:	2,237
With Social Security:	696
With Retirement Income:	463
With Supplemental Security Income:	20
With Cash Public Assistance Income:	0
With Food Stamp/SNAP Benefits in the Past 12 Month:	16

The median household income in ZIP Code 07023 is $178,311, it's higher than the national median household income.
The per capita income in ZIP Code 07023 is $69,106, it's higher than the national per capita income.
In ZIP Code 07023, 38 households income less than $10,000. 1122 households income more than $200,000.
In ZIP Code 07023, 2,237 people have earnings. 696 people have social security. 463 people have retirement income. 20 people have supplemental security income. 0 people have cash public assistance income. 16 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07023 Poverty Rate

All Families:
0.8%
All People:
2%

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

The families' poverty rate is 0.8%, and the people's poverty rate is 2% in ZIP Code 07023.

ZIP Code 07023 Health Insurance Coverage

With Health Insurance Coverage:
7,411
No Health Insurance Coverage:
219

With Health Insurance Coverage:	7,411
No Health Insurance Coverage:	219

In ZIP Code 07023, there are 7,411 people with health insurance, 219 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07023 is 97.1%.

ZIP Code 07023 Computer & Internet Use

With a Computer:
97.6%
With a Broadband Internet Subscription:
97.9%

* 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 07023, 97.6% of people use computer, 97.9% of people have a broadband internet subscription.

More Information

What else do you want to know about the ZIP Code 07023? We collected some information related to ZIP Code 07023, which is closely related to people's lives. These data help people understand the general situation of the community in which they lived or about to live, and the information also has a guiding role for business construction.

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