ZIP Code 07050 Economic Characteristics

ZIP Code 07050 Employment

- Unemployment Rate:
  7.6%
Employed:
15,197
Unemployed:
1,245
Armed Forces:
0
Not in Labor Force:
9,401

Employed:	15,197
Unemployed:	1,245
Armed Forces:	0
Not in Labor Force:	9,401

The unemployment rate in ZIP Code 07050 is 7.6%, it's higher than the national unemployment rate.
In ZIP Code 07050, there are 15,197 people who are employed, 1,245 people who are unemployed, 0 people who are armed forces, and 9,401 people who are not in labor force.

ZIP Code 07050 Commuting

Mean Travel Time to Work:
31.2 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
7,945	1,251	3,080	591	856	838

Drove Alone	7,945
Carpooled	1,251
Public Transportation	3,080
Walked	591
Other Means	856
Worked from Home	838

In ZIP Code 07050, 7,945 people go to work by driving alone, 1,251 people go to work by carpooling. 3,080 people take the public transportation to their companies. 591 people walk to their companies. 838 people work at home.
In ZIP Code 07050, people usually take 31.2 minutes on commuting.

ZIP Code 07050 Occupation

Management, Business, Science, and Arts:
4,501
Service:
3,931
Sales and Office:
2,949
Natural Resources, Construction, and Maintenance:
1,902
Production, Transportation, and Material Moving:
1,914

Management, Business, Science, and Arts:	4,501
Service:	3,931
Sales and Office:	2,949
Natural Resources, Construction, and Maintenance:	1,902
Production, Transportation, and Material Moving:	1,914

In ZIP Code 07050, most people are employed in the sector of management, business, science, and arts and service.

ZIP Code 07050 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	54
Construction	1,671
Manufacturing	666
Wholesale Trade	397
Retail Trade	1,770
Transportation and Warehousing, and Utilities	1,298
Information	247
Finance and Insurance, and Real Estate and Rental and Leasing	625
Professional, Scientific, and Management, and Administrative and Waste Management Services	1,551
Educational Services, and Health Care and Social Assistance	4,084
Arts, Entertainment, and Recreation, and Accommodation and Food Services	1,310
Other Services, except Public Administration	821
Public Administration	703

In ZIP Code 07050, most people work in educational services, and health care and social assistance and retail trade.

ZIP Code 07050 Income & Benefits

Median Household Income:
$48,504
Per Capita Income:
$25,567

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
1,423	858	1,148	1,383	1,565	2,308	1,551	1,367	376	441

<$10,000	1,423
$10,000 - $14,999	858
$15,000 - $24,999	1,148
$25,000 - $34,999	1,383
$35,000 - $49,999	1,565
$50,000 - $74,999	2,308
$75,000 - $99,999	1,551
$100,000 - $149,999	1,367
$150,000 - $199,999	376
≥ $200,000	441

Benefits

With Earnings:	9,750
With Social Security:	3,119
With Retirement Income:	1,744
With Supplemental Security Income:	880
With Cash Public Assistance Income:	421
With Food Stamp/SNAP Benefits in the Past 12 Month:	2,273

The median household income in ZIP Code 07050 is $48,504, it's lower than the national median household income.
The per capita income in ZIP Code 07050 is $25,567, it's lower than the national per capita income.
In ZIP Code 07050, 1423 households income less than $10,000. 441 households income more than $200,000.
In ZIP Code 07050, 9,750 people have earnings. 3,119 people have social security. 1,744 people have retirement income. 880 people have supplemental security income. 421 people have cash public assistance income. 2,273 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07050 Poverty Rate

All Families:
21%
All People:
21.3%

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

The families' poverty rate is 21%, and the people's poverty rate is 21.3% in ZIP Code 07050.

ZIP Code 07050 Health Insurance Coverage

With Health Insurance Coverage:
26,547
No Health Insurance Coverage:
6,639

With Health Insurance Coverage:	26,547
No Health Insurance Coverage:	6,639

In ZIP Code 07050, there are 26,547 people with health insurance, 6,639 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07050 is 80%.

ZIP Code 07050 Computer & Internet Use

With a Computer:
89.9%
With a Broadband Internet Subscription:
77.5%

* 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 07050, 89.9% of people use computer, 77.5% of people have a broadband internet subscription.

More Information

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