ZIP Code 07620 Economic Characteristics

ZIP Code 07620 Employment

- Unemployment Rate:
  7.6%
Employed:
535
Unemployed:
44
Armed Forces:
0
Not in Labor Force:
493

Employed:	535
Unemployed:	44
Armed Forces:	0
Not in Labor Force:	493

The unemployment rate in ZIP Code 07620 is 7.6%, it's higher than the national unemployment rate.
In ZIP Code 07620, there are 535 people who are employed, 44 people who are unemployed, 0 people who are armed forces, and 493 people who are not in labor force.

ZIP Code 07620 Commuting

Mean Travel Time to Work:
35 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
369	69	21	10	1	62

Drove Alone	369
Carpooled	69
Public Transportation	21
Walked	10
Other Means	1
Worked from Home	62

In ZIP Code 07620, 369 people go to work by driving alone, 69 people go to work by carpooling. 21 people take the public transportation to their companies. 10 people walk to their companies. 62 people work at home.
In ZIP Code 07620, people usually take 35 minutes on commuting.

ZIP Code 07620 Occupation

Management, Business, Science, and Arts:
347
Service:
38
Sales and Office:
118
Natural Resources, Construction, and Maintenance:
17
Production, Transportation, and Material Moving:
15

Management, Business, Science, and Arts:	347
Service:	38
Sales and Office:	118
Natural Resources, Construction, and Maintenance:	17
Production, Transportation, and Material Moving:	15

In ZIP Code 07620, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 07620 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	0
Construction	33
Manufacturing	32
Wholesale Trade	63
Retail Trade	39
Transportation and Warehousing, and Utilities	26
Information	12
Finance and Insurance, and Real Estate and Rental and Leasing	92
Professional, Scientific, and Management, and Administrative and Waste Management Services	79
Educational Services, and Health Care and Social Assistance	119
Arts, Entertainment, and Recreation, and Accommodation and Food Services	18
Other Services, except Public Administration	22
Public Administration	0

In ZIP Code 07620, most people work in educational services, and health care and social assistance and finance and insurance, and real estate and rental and leasing.

ZIP Code 07620 Income & Benefits

Median Household Income:
$196,875
Per Capita Income:
$114,774

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
14	16	11	7	26	26	19	55	70	241

<$10,000	14
$10,000 - $14,999	16
$15,000 - $24,999	11
$25,000 - $34,999	7
$35,000 - $49,999	26
$50,000 - $74,999	26
$75,000 - $99,999	19
$100,000 - $149,999	55
$150,000 - $199,999	70
≥ $200,000	241

Benefits

With Earnings:
378
With Social Security:
221
With Retirement Income:
110
With Supplemental Security Income:
19
With Cash Public Assistance Income:
0
With Food Stamp/SNAP Benefits in the Past 12 Month:
0

With Earnings:	378
With Social Security:	221
With Retirement Income:	110
With Supplemental Security Income:	19
With Cash Public Assistance Income:	0
With Food Stamp/SNAP Benefits in the Past 12 Month:	0

The median household income in ZIP Code 07620 is $196,875, it's higher than the national median household income.
The per capita income in ZIP Code 07620 is $114,774, it's higher than the national per capita income.
In ZIP Code 07620, 14 households income less than $10,000. 241 households income more than $200,000.
In ZIP Code 07620, 378 people have earnings. 221 people have social security. 110 people have retirement income. 19 people have supplemental security income. 0 people have cash public assistance income. 0 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07620 Poverty Rate

All Families:
3.4%
All People:
6%

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

The families' poverty rate is 3.4%, and the people's poverty rate is 6% in ZIP Code 07620.

ZIP Code 07620 Health Insurance Coverage

With Health Insurance Coverage:
1,297
No Health Insurance Coverage:
39

With Health Insurance Coverage:	1,297
No Health Insurance Coverage:	39

In ZIP Code 07620, there are 1,297 people with health insurance, 39 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07620 is 97.1%.

ZIP Code 07620 Computer & Internet Use

With a Computer:
99.2%
With a Broadband Internet Subscription:
99.2%

* 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 07620, 99.2% of people use computer, 99.2% of people have a broadband internet subscription.

More Information

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