ZIP Code 07403 Economic Characteristics

ZIP Code 07403 Employment

- Unemployment Rate:
  6.3%
Employed:
4,259
Unemployed:
287
Armed Forces:
0
Not in Labor Force:
2,112

Employed:	4,259
Unemployed:	287
Armed Forces:	0
Not in Labor Force:	2,112

The unemployment rate in ZIP Code 07403 is 6.3%, it's higher than the national unemployment rate.
In ZIP Code 07403, there are 4,259 people who are employed, 287 people who are unemployed, 0 people who are armed forces, and 2,112 people who are not in labor force.

ZIP Code 07403 Commuting

Mean Travel Time to Work:
30.7 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
3,388	212	120	20	75	416

Drove Alone	3,388
Carpooled	212
Public Transportation	120
Walked	20
Other Means	75
Worked from Home	416

In ZIP Code 07403, 3,388 people go to work by driving alone, 212 people go to work by carpooling. 120 people take the public transportation to their companies. 20 people walk to their companies. 416 people work at home.
In ZIP Code 07403, people usually take 30.7 minutes on commuting.

ZIP Code 07403 Occupation

Management, Business, Science, and Arts:
1,862
Service:
512
Sales and Office:
1,040
Natural Resources, Construction, and Maintenance:
543
Production, Transportation, and Material Moving:
302

Management, Business, Science, and Arts:	1,862
Service:	512
Sales and Office:	1,040
Natural Resources, Construction, and Maintenance:	543
Production, Transportation, and Material Moving:	302

In ZIP Code 07403, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 07403 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	0
Construction	477
Manufacturing	306
Wholesale Trade	152
Retail Trade	432
Transportation and Warehousing, and Utilities	315
Information	95
Finance and Insurance, and Real Estate and Rental and Leasing	266
Professional, Scientific, and Management, and Administrative and Waste Management Services	555
Educational Services, and Health Care and Social Assistance	919
Arts, Entertainment, and Recreation, and Accommodation and Food Services	310
Other Services, except Public Administration	342
Public Administration	90

In ZIP Code 07403, 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 07403 Income & Benefits

Median Household Income:
$116,305
Per Capita Income:
$49,150

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
56	76	113	143	238	257	344	703	445	521

<$10,000	56
$10,000 - $14,999	76
$15,000 - $24,999	113
$25,000 - $34,999	143
$35,000 - $49,999	238
$50,000 - $74,999	257
$75,000 - $99,999	344
$100,000 - $149,999	703
$150,000 - $199,999	445
≥ $200,000	521

Benefits

With Earnings:	2,489
With Social Security:	799
With Retirement Income:	704
With Supplemental Security Income:	179
With Cash Public Assistance Income:	80
With Food Stamp/SNAP Benefits in the Past 12 Month:	337

The median household income in ZIP Code 07403 is $116,305, it's higher than the national median household income.
The per capita income in ZIP Code 07403 is $49,150, it's higher than the national per capita income.
In ZIP Code 07403, 56 households income less than $10,000. 521 households income more than $200,000.
In ZIP Code 07403, 2,489 people have earnings. 799 people have social security. 704 people have retirement income. 179 people have supplemental security income. 80 people have cash public assistance income. 337 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07403 Poverty Rate

All Families:
4%
All People:
9%

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

The families' poverty rate is 4%, and the people's poverty rate is 9% in ZIP Code 07403.

ZIP Code 07403 Health Insurance Coverage

With Health Insurance Coverage:
7,190
No Health Insurance Coverage:
469

With Health Insurance Coverage:	7,190
No Health Insurance Coverage:	469

In ZIP Code 07403, there are 7,190 people with health insurance, 469 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07403 is 93.9%.

ZIP Code 07403 Computer & Internet Use

With a Computer:
90.1%
With a Broadband Internet Subscription:
89.8%

* 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 07403, 90.1% of people use computer, 89.8% of people have a broadband internet subscription.

More Information

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