ZIP Code 07416 Economic Characteristics

ZIP Code 07416 Employment

- Unemployment Rate:
  7.7%
Employed:
2,681
Unemployed:
225
Armed Forces:
0
Not in Labor Force:
1,772

Employed:	2,681
Unemployed:	225
Armed Forces:	0
Not in Labor Force:	1,772

The unemployment rate in ZIP Code 07416 is 7.7%, it's higher than the national unemployment rate.
In ZIP Code 07416, there are 2,681 people who are employed, 225 people who are unemployed, 0 people who are armed forces, and 1,772 people who are not in labor force.

ZIP Code 07416 Commuting

Mean Travel Time to Work:
37.8 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
2,133	235	9	25	38	184

Drove Alone	2,133
Carpooled	235
Public Transportation	9
Walked	25
Other Means	38
Worked from Home	184

In ZIP Code 07416, 2,133 people go to work by driving alone, 235 people go to work by carpooling. 9 people take the public transportation to their companies. 25 people walk to their companies. 184 people work at home.
In ZIP Code 07416, people usually take 37.8 minutes on commuting.

ZIP Code 07416 Occupation

Management, Business, Science, and Arts:
913
Service:
499
Sales and Office:
446
Natural Resources, Construction, and Maintenance:
462
Production, Transportation, and Material Moving:
361

Management, Business, Science, and Arts:	913
Service:	499
Sales and Office:	446
Natural Resources, Construction, and Maintenance:	462
Production, Transportation, and Material Moving:	361

In ZIP Code 07416, most people are employed in the sector of management, business, science, and arts and service.

ZIP Code 07416 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	36
Construction	341
Manufacturing	240
Wholesale Trade	77
Retail Trade	334
Transportation and Warehousing, and Utilities	170
Information	52
Finance and Insurance, and Real Estate and Rental and Leasing	180
Professional, Scientific, and Management, and Administrative and Waste Management Services	330
Educational Services, and Health Care and Social Assistance	603
Arts, Entertainment, and Recreation, and Accommodation and Food Services	206
Other Services, except Public Administration	70
Public Administration	42

In ZIP Code 07416, most people work in educational services, and health care and social assistance and construction.

ZIP Code 07416 Income & Benefits

Median Household Income:
$80,264
Per Capita Income:
$41,437

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
127	41	199	223	229	326	613	335	365	72

<$10,000	127
$10,000 - $14,999	41
$15,000 - $24,999	199
$25,000 - $34,999	223
$35,000 - $49,999	229
$50,000 - $74,999	326
$75,000 - $99,999	613
$100,000 - $149,999	335
$150,000 - $199,999	365
≥ $200,000	72

Benefits

With Earnings:	1,665
With Social Security:	1,115
With Retirement Income:	903
With Supplemental Security Income:	169
With Cash Public Assistance Income:	28
With Food Stamp/SNAP Benefits in the Past 12 Month:	88

The median household income in ZIP Code 07416 is $80,264, it's higher than the national median household income.
The per capita income in ZIP Code 07416 is $41,437, it's higher than the national per capita income.
In ZIP Code 07416, 127 households income less than $10,000. 72 households income more than $200,000.
In ZIP Code 07416, 1,665 people have earnings. 1,115 people have social security. 903 people have retirement income. 169 people have supplemental security income. 28 people have cash public assistance income. 88 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07416 Poverty Rate

All Families:
1.9%
All People:
5.6%

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

The families' poverty rate is 1.9%, and the people's poverty rate is 5.6% in ZIP Code 07416.

ZIP Code 07416 Health Insurance Coverage

With Health Insurance Coverage:
5,267
No Health Insurance Coverage:
268

With Health Insurance Coverage:	5,267
No Health Insurance Coverage:	268

In ZIP Code 07416, there are 5,267 people with health insurance, 268 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07416 is 95.2%.

ZIP Code 07416 Computer & Internet Use

With a Computer:
90.3%
With a Broadband Internet Subscription:
87.2%

* 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 07416, 90.3% of people use computer, 87.2% of people have a broadband internet subscription.

More Information

What else do you want to know about the ZIP Code 07416? We collected some information related to ZIP Code 07416, which is closely related to people's lives. These data help people understand the general situation of the community in which they lived or about to live, and the information also has a guiding role for business construction.

Click the link below to view details.