ZIP Code 07054 Economic Characteristics

ZIP Code 07054 Employment

- Unemployment Rate:
  6.2%
Employed:
16,808
Unemployed:
1,102
Armed Forces:
0
Not in Labor Force:
7,690

Employed:	16,808
Unemployed:	1,102
Armed Forces:	0
Not in Labor Force:	7,690

The unemployment rate in ZIP Code 07054 is 6.2%, it's higher than the national unemployment rate.
In ZIP Code 07054, there are 16,808 people who are employed, 1,102 people who are unemployed, 0 people who are armed forces, and 7,690 people who are not in labor force.

ZIP Code 07054 Commuting

Mean Travel Time to Work:
27.1 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
12,168	1,185	838	299	285	1,785

Drove Alone	12,168
Carpooled	1,185
Public Transportation	838
Walked	299
Other Means	285
Worked from Home	1,785

In ZIP Code 07054, 12,168 people go to work by driving alone, 1,185 people go to work by carpooling. 838 people take the public transportation to their companies. 299 people walk to their companies. 1,785 people work at home.
In ZIP Code 07054, people usually take 27.1 minutes on commuting.

ZIP Code 07054 Occupation

Management, Business, Science, and Arts:
9,885
Service:
1,809
Sales and Office:
3,473
Natural Resources, Construction, and Maintenance:
507
Production, Transportation, and Material Moving:
1,134

Management, Business, Science, and Arts:	9,885
Service:	1,809
Sales and Office:	3,473
Natural Resources, Construction, and Maintenance:	507
Production, Transportation, and Material Moving:	1,134

In ZIP Code 07054, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 07054 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	10
Construction	623
Manufacturing	1,857
Wholesale Trade	603
Retail Trade	1,559
Transportation and Warehousing, and Utilities	758
Information	455
Finance and Insurance, and Real Estate and Rental and Leasing	1,815
Professional, Scientific, and Management, and Administrative and Waste Management Services	3,311
Educational Services, and Health Care and Social Assistance	3,674
Arts, Entertainment, and Recreation, and Accommodation and Food Services	1,313
Other Services, except Public Administration	471
Public Administration	359

In ZIP Code 07054, 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 07054 Income & Benefits

Median Household Income:
$100,778
Per Capita Income:
$51,188

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
553	245	526	411	736	1,379	2,033	2,343	1,347	2,272

<$10,000	553
$10,000 - $14,999	245
$15,000 - $24,999	526
$25,000 - $34,999	411
$35,000 - $49,999	736
$50,000 - $74,999	1,379
$75,000 - $99,999	2,033
$100,000 - $149,999	2,343
$150,000 - $199,999	1,347
≥ $200,000	2,272

Benefits

With Earnings:	9,928
With Social Security:	3,063
With Retirement Income:	1,888
With Supplemental Security Income:	483
With Cash Public Assistance Income:	323
With Food Stamp/SNAP Benefits in the Past 12 Month:	727

The median household income in ZIP Code 07054 is $100,778, it's higher than the national median household income.
The per capita income in ZIP Code 07054 is $51,188, it's higher than the national per capita income.
In ZIP Code 07054, 553 households income less than $10,000. 2272 households income more than $200,000.
In ZIP Code 07054, 9,928 people have earnings. 3,063 people have social security. 1,888 people have retirement income. 483 people have supplemental security income. 323 people have cash public assistance income. 727 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07054 Poverty Rate

All Families:
5.6%
All People:
5.5%

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

The families' poverty rate is 5.6%, and the people's poverty rate is 5.5% in ZIP Code 07054.

ZIP Code 07054 Health Insurance Coverage

With Health Insurance Coverage:
29,177
No Health Insurance Coverage:
1,287

With Health Insurance Coverage:	29,177
No Health Insurance Coverage:	1,287

In ZIP Code 07054, there are 29,177 people with health insurance, 1,287 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07054 is 95.8%.

ZIP Code 07054 Computer & Internet Use

With a Computer:
94.7%
With a Broadband Internet Subscription:
92.7%

* 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 07054, 94.7% of people use computer, 92.7% of people have a broadband internet subscription.

More Information

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