ZIP Code 07047 Economic Characteristics

ZIP Code 07047 Employment

- Unemployment Rate:
  4.8%
Employed:
33,352
Unemployed:
1,695
Armed Forces:
43
Not in Labor Force:
16,260

Employed:	33,352
Unemployed:	1,695
Armed Forces:	43
Not in Labor Force:	16,260

The unemployment rate in ZIP Code 07047 is 4.8%,
In ZIP Code 07047, there are 33,352 people who are employed, 1,695 people who are unemployed, 43 people who are armed forces, and 16,260 people who are not in labor force.

ZIP Code 07047 Commuting

Mean Travel Time to Work:
34.4 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
16,129	2,703	9,142	1,799	999	1,960

Drove Alone	16,129
Carpooled	2,703
Public Transportation	9,142
Walked	1,799
Other Means	999
Worked from Home	1,960

In ZIP Code 07047, 16,129 people go to work by driving alone, 2,703 people go to work by carpooling. 9,142 people take the public transportation to their companies. 1,799 people walk to their companies. 1,960 people work at home.
In ZIP Code 07047, people usually take 34.4 minutes on commuting.

ZIP Code 07047 Occupation

Management, Business, Science, and Arts:
10,771
Service:
6,401
Sales and Office:
7,564
Natural Resources, Construction, and Maintenance:
2,561
Production, Transportation, and Material Moving:
6,055

Management, Business, Science, and Arts:	10,771
Service:	6,401
Sales and Office:	7,564
Natural Resources, Construction, and Maintenance:	2,561
Production, Transportation, and Material Moving:	6,055

In ZIP Code 07047, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 07047 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	22
Construction	1,883
Manufacturing	2,979
Wholesale Trade	1,381
Retail Trade	3,689
Transportation and Warehousing, and Utilities	2,761
Information	774
Finance and Insurance, and Real Estate and Rental and Leasing	3,178
Professional, Scientific, and Management, and Administrative and Waste Management Services	4,101
Educational Services, and Health Care and Social Assistance	6,033
Arts, Entertainment, and Recreation, and Accommodation and Food Services	3,334
Other Services, except Public Administration	1,724
Public Administration	1,493

In ZIP Code 07047, 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 07047 Income & Benefits

Median Household Income:
$70,934
Per Capita Income:
$34,890

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
1,441	1,102	1,958	1,493	2,772	3,503	2,864	4,215	2,160	1,807

<$10,000	1,441
$10,000 - $14,999	1,102
$15,000 - $24,999	1,958
$25,000 - $34,999	1,493
$35,000 - $49,999	2,772
$50,000 - $74,999	3,503
$75,000 - $99,999	2,864
$100,000 - $149,999	4,215
$150,000 - $199,999	2,160
≥ $200,000	1,807

Benefits

With Earnings:	19,192
With Social Security:	6,968
With Retirement Income:	3,117
With Supplemental Security Income:	1,210
With Cash Public Assistance Income:	546
With Food Stamp/SNAP Benefits in the Past 12 Month:	3,308

The median household income in ZIP Code 07047 is $70,934, it's higher than the national median household income.
The per capita income in ZIP Code 07047 is $34,890, it's lower than the national per capita income.
In ZIP Code 07047, 1441 households income less than $10,000. 1807 households income more than $200,000.
In ZIP Code 07047, 19,192 people have earnings. 6,968 people have social security. 3,117 people have retirement income. 1,210 people have supplemental security income. 546 people have cash public assistance income. 3,308 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07047 Poverty Rate

All Families:
9.3%
All People:
12.3%

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

The families' poverty rate is 9.3%, and the people's poverty rate is 12.3% in ZIP Code 07047.

ZIP Code 07047 Health Insurance Coverage

With Health Insurance Coverage:
54,358
No Health Insurance Coverage:
7,694

With Health Insurance Coverage:	54,358
No Health Insurance Coverage:	7,694

In ZIP Code 07047, there are 54,358 people with health insurance, 7,694 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07047 is 87.6%.

ZIP Code 07047 Computer & Internet Use

With a Computer:
93.9%
With a Broadband Internet Subscription:
87.6%

* 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 07047, 93.9% of people use computer, 87.6% of people have a broadband internet subscription.

More Information

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