ZIP Code 07840 Economic Characteristics

ZIP Code 07840 Employment

- Unemployment Rate:
  6.8%
Employed:
16,248
Unemployed:
1,194
Armed Forces:
15
Not in Labor Force:
8,455

Employed:	16,248
Unemployed:	1,194
Armed Forces:	15
Not in Labor Force:	8,455

The unemployment rate in ZIP Code 07840 is 6.8%, it's higher than the national unemployment rate.
In ZIP Code 07840, there are 16,248 people who are employed, 1,194 people who are unemployed, 15 people who are armed forces, and 8,455 people who are not in labor force.

ZIP Code 07840 Commuting

Mean Travel Time to Work:
35.2 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
12,262	1,267	158	319	315	1,348

Drove Alone	12,262
Carpooled	1,267
Public Transportation	158
Walked	319
Other Means	315
Worked from Home	1,348

In ZIP Code 07840, 12,262 people go to work by driving alone, 1,267 people go to work by carpooling. 158 people take the public transportation to their companies. 319 people walk to their companies. 1,348 people work at home.
In ZIP Code 07840, people usually take 35.2 minutes on commuting.

ZIP Code 07840 Occupation

Management, Business, Science, and Arts:
7,606
Service:
2,659
Sales and Office:
3,480
Natural Resources, Construction, and Maintenance:
1,122
Production, Transportation, and Material Moving:
1,381

Management, Business, Science, and Arts:	7,606
Service:	2,659
Sales and Office:	3,480
Natural Resources, Construction, and Maintenance:	1,122
Production, Transportation, and Material Moving:	1,381

In ZIP Code 07840, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 07840 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	52
Construction	770
Manufacturing	1,812
Wholesale Trade	524
Retail Trade	1,493
Transportation and Warehousing, and Utilities	623
Information	498
Finance and Insurance, and Real Estate and Rental and Leasing	1,136
Professional, Scientific, and Management, and Administrative and Waste Management Services	2,340
Educational Services, and Health Care and Social Assistance	3,855
Arts, Entertainment, and Recreation, and Accommodation and Food Services	1,395
Other Services, except Public Administration	826
Public Administration	924

In ZIP Code 07840, 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 07840 Income & Benefits

Median Household Income:
$97,544
Per Capita Income:
$46,785

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
358	309	494	624	1,024	1,764	1,667	2,539	1,747	1,622

<$10,000	358
$10,000 - $14,999	309
$15,000 - $24,999	494
$25,000 - $34,999	624
$35,000 - $49,999	1,024
$50,000 - $74,999	1,764
$75,000 - $99,999	1,667
$100,000 - $149,999	2,539
$150,000 - $199,999	1,747
≥ $200,000	1,622

Benefits

With Earnings:	9,762
With Social Security:	3,611
With Retirement Income:	3,100
With Supplemental Security Income:	480
With Cash Public Assistance Income:	578
With Food Stamp/SNAP Benefits in the Past 12 Month:	525

The median household income in ZIP Code 07840 is $97,544, it's higher than the national median household income.
The per capita income in ZIP Code 07840 is $46,785, it's higher than the national per capita income.
In ZIP Code 07840, 358 households income less than $10,000. 1622 households income more than $200,000.
In ZIP Code 07840, 9,762 people have earnings. 3,611 people have social security. 3,100 people have retirement income. 480 people have supplemental security income. 578 people have cash public assistance income. 525 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07840 Poverty Rate

All Families:
3%
All People:
5.5%

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

The families' poverty rate is 3%, and the people's poverty rate is 5.5% in ZIP Code 07840.

ZIP Code 07840 Health Insurance Coverage

With Health Insurance Coverage:
29,486
No Health Insurance Coverage:
1,819

With Health Insurance Coverage:	29,486
No Health Insurance Coverage:	1,819

In ZIP Code 07840, there are 29,486 people with health insurance, 1,819 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07840 is 94.2%.

ZIP Code 07840 Computer & Internet Use

With a Computer:
92.9%
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 07840, 92.9% of people use computer, 89.9% of people have a broadband internet subscription.

More Information

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