ZIP Code 07055 Economic Characteristics

ZIP Code 07055 Employment

- Unemployment Rate:
  11.7%
Employed:
28,928
Unemployed:
3,838
Armed Forces:
44
Not in Labor Force:
17,185

Employed:	28,928
Unemployed:	3,838
Armed Forces:	44
Not in Labor Force:	17,185

The unemployment rate in ZIP Code 07055 is 11.7%, it's higher than the national unemployment rate.
In ZIP Code 07055, there are 28,928 people who are employed, 3,838 people who are unemployed, 44 people who are armed forces, and 17,185 people who are not in labor force.

ZIP Code 07055 Commuting

Mean Travel Time to Work:
26.2 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
13,922	4,694	3,822	3,618	811	1,567

Drove Alone	13,922
Carpooled	4,694
Public Transportation	3,822
Walked	3,618
Other Means	811
Worked from Home	1,567

In ZIP Code 07055, 13,922 people go to work by driving alone, 4,694 people go to work by carpooling. 3,822 people take the public transportation to their companies. 3,618 people walk to their companies. 1,567 people work at home.
In ZIP Code 07055, people usually take 26.2 minutes on commuting.

ZIP Code 07055 Occupation

Management, Business, Science, and Arts:
6,534
Service:
6,173
Sales and Office:
4,756
Natural Resources, Construction, and Maintenance:
3,156
Production, Transportation, and Material Moving:
8,309

Management, Business, Science, and Arts:	6,534
Service:	6,173
Sales and Office:	4,756
Natural Resources, Construction, and Maintenance:	3,156
Production, Transportation, and Material Moving:	8,309

In ZIP Code 07055, most people are employed in the sector of production, transportation, and material moving and management, business, science, and arts.

ZIP Code 07055 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	54
Construction	2,297
Manufacturing	5,460
Wholesale Trade	1,115
Retail Trade	3,008
Transportation and Warehousing, and Utilities	2,164
Information	252
Finance and Insurance, and Real Estate and Rental and Leasing	1,054
Professional, Scientific, and Management, and Administrative and Waste Management Services	3,574
Educational Services, and Health Care and Social Assistance	6,245
Arts, Entertainment, and Recreation, and Accommodation and Food Services	2,276
Other Services, except Public Administration	1,004
Public Administration	425

In ZIP Code 07055, most people work in educational services, and health care and social assistance and manufacturing.

ZIP Code 07055 Income & Benefits

Median Household Income:
$49,436
Per Capita Income:
$21,152

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
1,003	1,542	2,311	2,484	2,843	3,710	2,094	2,492	914	824

<$10,000	1,003
$10,000 - $14,999	1,542
$15,000 - $24,999	2,311
$25,000 - $34,999	2,484
$35,000 - $49,999	2,843
$50,000 - $74,999	3,710
$75,000 - $99,999	2,094
$100,000 - $149,999	2,492
$150,000 - $199,999	914
≥ $200,000	824

Benefits

With Earnings:	16,745
With Social Security:	4,679
With Retirement Income:	1,889
With Supplemental Security Income:	1,990
With Cash Public Assistance Income:	630
With Food Stamp/SNAP Benefits in the Past 12 Month:	7,666

The median household income in ZIP Code 07055 is $49,436, it's lower than the national median household income.
The per capita income in ZIP Code 07055 is $21,152, it's lower than the national per capita income.
In ZIP Code 07055, 1003 households income less than $10,000. 824 households income more than $200,000.
In ZIP Code 07055, 16,745 people have earnings. 4,679 people have social security. 1,889 people have retirement income. 1,990 people have supplemental security income. 630 people have cash public assistance income. 7,666 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07055 Poverty Rate

All Families:
24.7%
All People:
25.3%

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

The families' poverty rate is 24.7%, and the people's poverty rate is 25.3% in ZIP Code 07055.

ZIP Code 07055 Health Insurance Coverage

With Health Insurance Coverage:
53,397
No Health Insurance Coverage:
16,724

With Health Insurance Coverage:	53,397
No Health Insurance Coverage:	16,724

In ZIP Code 07055, there are 53,397 people with health insurance, 16,724 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07055 is 76.1%.

ZIP Code 07055 Computer & Internet Use

With a Computer:
90.2%
With a Broadband Internet Subscription:
88%

* 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 07055, 90.2% of people use computer, 88% of people have a broadband internet subscription.

More Information

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