ZIP Code 07043 Economic Characteristics

ZIP Code 07043 Employment

- Unemployment Rate:
  6.3%
Employed:
6,254
Unemployed:
424
Armed Forces:
0
Not in Labor Force:
3,040

Employed:	6,254
Unemployed:	424
Armed Forces:	0
Not in Labor Force:	3,040

The unemployment rate in ZIP Code 07043 is 6.3%, it's higher than the national unemployment rate.
In ZIP Code 07043, there are 6,254 people who are employed, 424 people who are unemployed, 0 people who are armed forces, and 3,040 people who are not in labor force.

ZIP Code 07043 Commuting

Mean Travel Time to Work:
43.3 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
2,627	144	1,409	113	29	1,840

Drove Alone	2,627
Carpooled	144
Public Transportation	1,409
Walked	113
Other Means	29
Worked from Home	1,840

In ZIP Code 07043, 2,627 people go to work by driving alone, 144 people go to work by carpooling. 1,409 people take the public transportation to their companies. 113 people walk to their companies. 1,840 people work at home.
In ZIP Code 07043, people usually take 43.3 minutes on commuting.

ZIP Code 07043 Occupation

Management, Business, Science, and Arts:
4,590
Service:
308
Sales and Office:
1,155
Natural Resources, Construction, and Maintenance:
46
Production, Transportation, and Material Moving:
155

Management, Business, Science, and Arts:	4,590
Service:	308
Sales and Office:	1,155
Natural Resources, Construction, and Maintenance:	46
Production, Transportation, and Material Moving:	155

In ZIP Code 07043, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 07043 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	0
Construction	104
Manufacturing	377
Wholesale Trade	190
Retail Trade	411
Transportation and Warehousing, and Utilities	198
Information	473
Finance and Insurance, and Real Estate and Rental and Leasing	735
Professional, Scientific, and Management, and Administrative and Waste Management Services	1,332
Educational Services, and Health Care and Social Assistance	1,525
Arts, Entertainment, and Recreation, and Accommodation and Food Services	451
Other Services, except Public Administration	289
Public Administration	169

In ZIP Code 07043, 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 07043 Income & Benefits

Median Household Income:
$225,263
Per Capita Income:
$90,834

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	17	20	88	158	214	256	511	582	2,264

<$10,000	38
$10,000 - $14,999	17
$15,000 - $24,999	20
$25,000 - $34,999	88
$35,000 - $49,999	158
$50,000 - $74,999	214
$75,000 - $99,999	256
$100,000 - $149,999	511
$150,000 - $199,999	582
≥ $200,000	2,264

Benefits

With Earnings:	3,766
With Social Security:	1,130
With Retirement Income:	809
With Supplemental Security Income:	72
With Cash Public Assistance Income:	19
With Food Stamp/SNAP Benefits in the Past 12 Month:	69

The median household income in ZIP Code 07043 is $225,263, it's higher than the national median household income.
The per capita income in ZIP Code 07043 is $90,834, it's higher than the national per capita income.
In ZIP Code 07043, 38 households income less than $10,000. 2264 households income more than $200,000.
In ZIP Code 07043, 3,766 people have earnings. 1,130 people have social security. 809 people have retirement income. 72 people have supplemental security income. 19 people have cash public assistance income. 69 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07043 Poverty Rate

All Families:
1%
All People:
1.8%

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

The families' poverty rate is 1%, and the people's poverty rate is 1.8% in ZIP Code 07043.

ZIP Code 07043 Health Insurance Coverage

With Health Insurance Coverage:
12,810
No Health Insurance Coverage:
241

With Health Insurance Coverage:	12,810
No Health Insurance Coverage:	241

In ZIP Code 07043, there are 12,810 people with health insurance, 241 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07043 is 98.2%.

ZIP Code 07043 Computer & Internet Use

With a Computer:
98.5%
With a Broadband Internet Subscription:
96.9%

* 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 07043, 98.5% of people use computer, 96.9% of people have a broadband internet subscription.

More Information

What else do you want to know about the ZIP Code 07043? We collected some information related to ZIP Code 07043, 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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