ZIP Code 07031 Economic Characteristics

ZIP Code 07031 Employment

- Unemployment Rate:
  4.4%
Employed:
8,922
Unemployed:
409
Armed Forces:
0
Not in Labor Force:
4,357

Employed:	8,922
Unemployed:	409
Armed Forces:	0
Not in Labor Force:	4,357

The unemployment rate in ZIP Code 07031 is 4.4%,
In ZIP Code 07031, there are 8,922 people who are employed, 409 people who are unemployed, 0 people who are armed forces, and 4,357 people who are not in labor force.

ZIP Code 07031 Commuting

Mean Travel Time to Work:
33.5 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
5,933	621	1,189	47	406	500

Drove Alone	5,933
Carpooled	621
Public Transportation	1,189
Walked	47
Other Means	406
Worked from Home	500

In ZIP Code 07031, 5,933 people go to work by driving alone, 621 people go to work by carpooling. 1,189 people take the public transportation to their companies. 47 people walk to their companies. 500 people work at home.
In ZIP Code 07031, people usually take 33.5 minutes on commuting.

ZIP Code 07031 Occupation

Management, Business, Science, and Arts:
4,160
Service:
1,446
Sales and Office:
1,610
Natural Resources, Construction, and Maintenance:
914
Production, Transportation, and Material Moving:
792

Management, Business, Science, and Arts:	4,160
Service:	1,446
Sales and Office:	1,610
Natural Resources, Construction, and Maintenance:	914
Production, Transportation, and Material Moving:	792

In ZIP Code 07031, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 07031 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	36
Construction	819
Manufacturing	439
Wholesale Trade	251
Retail Trade	685
Transportation and Warehousing, and Utilities	775
Information	220
Finance and Insurance, and Real Estate and Rental and Leasing	733
Professional, Scientific, and Management, and Administrative and Waste Management Services	1,450
Educational Services, and Health Care and Social Assistance	1,996
Arts, Entertainment, and Recreation, and Accommodation and Food Services	603
Other Services, except Public Administration	254
Public Administration	661

In ZIP Code 07031, 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 07031 Income & Benefits

Median Household Income:
$94,012
Per Capita Income:
$46,258

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
256	130	360	563	445	981	635	1,594	790	906

<$10,000	256
$10,000 - $14,999	130
$15,000 - $24,999	360
$25,000 - $34,999	563
$35,000 - $49,999	445
$50,000 - $74,999	981
$75,000 - $99,999	635
$100,000 - $149,999	1,594
$150,000 - $199,999	790
≥ $200,000	906

Benefits

With Earnings:	5,445
With Social Security:	1,881
With Retirement Income:	1,106
With Supplemental Security Income:	324
With Cash Public Assistance Income:	90
With Food Stamp/SNAP Benefits in the Past 12 Month:	336

The median household income in ZIP Code 07031 is $94,012, it's higher than the national median household income.
The per capita income in ZIP Code 07031 is $46,258, it's higher than the national per capita income.
In ZIP Code 07031, 256 households income less than $10,000. 906 households income more than $200,000.
In ZIP Code 07031, 5,445 people have earnings. 1,881 people have social security. 1,106 people have retirement income. 324 people have supplemental security income. 90 people have cash public assistance income. 336 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07031 Poverty Rate

All Families:
8.4%
All People:
10.2%

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

The families' poverty rate is 8.4%, and the people's poverty rate is 10.2% in ZIP Code 07031.

ZIP Code 07031 Health Insurance Coverage

With Health Insurance Coverage:
15,280
No Health Insurance Coverage:
1,059

With Health Insurance Coverage:	15,280
No Health Insurance Coverage:	1,059

In ZIP Code 07031, there are 15,280 people with health insurance, 1,059 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07031 is 93.5%.

ZIP Code 07031 Computer & Internet Use

With a Computer:
93.6%
With a Broadband Internet Subscription:
91.1%

* 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 07031, 93.6% of people use computer, 91.1% of people have a broadband internet subscription.

More Information

What else do you want to know about the ZIP Code 07031? We collected some information related to ZIP Code 07031, 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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