ZIP Code 07506 Economic Characteristics

ZIP Code 07506 Employment

- Unemployment Rate:
  4.9%
Employed:
10,951
Unemployed:
561
Armed Forces:
0
Not in Labor Force:
4,356

Employed:	10,951
Unemployed:	561
Armed Forces:	0
Not in Labor Force:	4,356

The unemployment rate in ZIP Code 07506 is 4.9%,
In ZIP Code 07506, there are 10,951 people who are employed, 561 people who are unemployed, 0 people who are armed forces, and 4,356 people who are not in labor force.

ZIP Code 07506 Commuting

Mean Travel Time to Work:
25.3 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
8,886	536	309	196	55	800

Drove Alone	8,886
Carpooled	536
Public Transportation	309
Walked	196
Other Means	55
Worked from Home	800

In ZIP Code 07506, 8,886 people go to work by driving alone, 536 people go to work by carpooling. 309 people take the public transportation to their companies. 196 people walk to their companies. 800 people work at home.
In ZIP Code 07506, people usually take 25.3 minutes on commuting.

ZIP Code 07506 Occupation

Management, Business, Science, and Arts:
5,471
Service:
1,801
Sales and Office:
2,245
Natural Resources, Construction, and Maintenance:
591
Production, Transportation, and Material Moving:
843

Management, Business, Science, and Arts:	5,471
Service:	1,801
Sales and Office:	2,245
Natural Resources, Construction, and Maintenance:	591
Production, Transportation, and Material Moving:	843

In ZIP Code 07506, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 07506 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	6
Construction	618
Manufacturing	789
Wholesale Trade	440
Retail Trade	1,196
Transportation and Warehousing, and Utilities	425
Information	382
Finance and Insurance, and Real Estate and Rental and Leasing	703
Professional, Scientific, and Management, and Administrative and Waste Management Services	1,517
Educational Services, and Health Care and Social Assistance	2,905
Arts, Entertainment, and Recreation, and Accommodation and Food Services	880
Other Services, except Public Administration	362
Public Administration	728

In ZIP Code 07506, 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 07506 Income & Benefits

Median Household Income:
$107,416
Per Capita Income:
$50,280

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
145	172	309	330	623	1,120	769	1,572	866	1,557

<$10,000	145
$10,000 - $14,999	172
$15,000 - $24,999	309
$25,000 - $34,999	330
$35,000 - $49,999	623
$50,000 - $74,999	1,120
$75,000 - $99,999	769
$100,000 - $149,999	1,572
$150,000 - $199,999	866
≥ $200,000	1,557

Benefits

With Earnings:	6,297
With Social Security:	2,273
With Retirement Income:	1,712
With Supplemental Security Income:	325
With Cash Public Assistance Income:	191
With Food Stamp/SNAP Benefits in the Past 12 Month:	304

The median household income in ZIP Code 07506 is $107,416, it's higher than the national median household income.
The per capita income in ZIP Code 07506 is $50,280, it's higher than the national per capita income.
In ZIP Code 07506, 145 households income less than $10,000. 1557 households income more than $200,000.
In ZIP Code 07506, 6,297 people have earnings. 2,273 people have social security. 1,712 people have retirement income. 325 people have supplemental security income. 191 people have cash public assistance income. 304 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07506 Poverty Rate

All Families:
2.8%
All People:
4.3%

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

The families' poverty rate is 2.8%, and the people's poverty rate is 4.3% in ZIP Code 07506.

ZIP Code 07506 Health Insurance Coverage

With Health Insurance Coverage:
18,930
No Health Insurance Coverage:
577

With Health Insurance Coverage:	18,930
No Health Insurance Coverage:	577

In ZIP Code 07506, there are 18,930 people with health insurance, 577 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07506 is 97%.

ZIP Code 07506 Computer & Internet Use

With a Computer:
92.1%
With a Broadband Internet Subscription:
89.9%

* 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 07506, 92.1% of people use computer, 89.9% of people have a broadband internet subscription.

More Information

What else do you want to know about the ZIP Code 07506? We collected some information related to ZIP Code 07506, 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.

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