ZIP Code 07950 Economic Characteristics

ZIP Code 07950 Employment

- Unemployment Rate:
  6.7%
Employed:
10,648
Unemployed:
769
Armed Forces:
10
Not in Labor Force:
6,103

Employed:	10,648
Unemployed:	769
Armed Forces:	10
Not in Labor Force:	6,103

The unemployment rate in ZIP Code 07950 is 6.7%, it's higher than the national unemployment rate.
In ZIP Code 07950, there are 10,648 people who are employed, 769 people who are unemployed, 10 people who are armed forces, and 6,103 people who are not in labor force.

ZIP Code 07950 Commuting

Mean Travel Time to Work:
29 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
7,640	336	389	170	123	1,772

Drove Alone	7,640
Carpooled	336
Public Transportation	389
Walked	170
Other Means	123
Worked from Home	1,772

In ZIP Code 07950, 7,640 people go to work by driving alone, 336 people go to work by carpooling. 389 people take the public transportation to their companies. 170 people walk to their companies. 1,772 people work at home.
In ZIP Code 07950, people usually take 29 minutes on commuting.

ZIP Code 07950 Occupation

Management, Business, Science, and Arts:
6,834
Service:
860
Sales and Office:
1,986
Natural Resources, Construction, and Maintenance:
505
Production, Transportation, and Material Moving:
463

Management, Business, Science, and Arts:	6,834
Service:	860
Sales and Office:	1,986
Natural Resources, Construction, and Maintenance:	505
Production, Transportation, and Material Moving:	463

In ZIP Code 07950, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 07950 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	5
Construction	587
Manufacturing	1,055
Wholesale Trade	272
Retail Trade	956
Transportation and Warehousing, and Utilities	358
Information	438
Finance and Insurance, and Real Estate and Rental and Leasing	1,194
Professional, Scientific, and Management, and Administrative and Waste Management Services	2,148
Educational Services, and Health Care and Social Assistance	2,433
Arts, Entertainment, and Recreation, and Accommodation and Food Services	466
Other Services, except Public Administration	255
Public Administration	481

In ZIP Code 07950, 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 07950 Income & Benefits

Median Household Income:
$134,726
Per Capita Income:
$62,123

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
82	37	213	275	495	494	1,051	1,787	1,365	2,139

<$10,000	82
$10,000 - $14,999	37
$15,000 - $24,999	213
$25,000 - $34,999	275
$35,000 - $49,999	495
$50,000 - $74,999	494
$75,000 - $99,999	1,051
$100,000 - $149,999	1,787
$150,000 - $199,999	1,365
≥ $200,000	2,139

Benefits

With Earnings:	6,623
With Social Security:	2,095
With Retirement Income:	1,911
With Supplemental Security Income:	198
With Cash Public Assistance Income:	33
With Food Stamp/SNAP Benefits in the Past 12 Month:	48

The median household income in ZIP Code 07950 is $134,726, it's higher than the national median household income.
The per capita income in ZIP Code 07950 is $62,123, it's higher than the national per capita income.
In ZIP Code 07950, 82 households income less than $10,000. 2139 households income more than $200,000.
In ZIP Code 07950, 6,623 people have earnings. 2,095 people have social security. 1,911 people have retirement income. 198 people have supplemental security income. 33 people have cash public assistance income. 48 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 07950 Poverty Rate

All Families:
0.6%
All People:
2.3%

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

The families' poverty rate is 0.6%, and the people's poverty rate is 2.3% in ZIP Code 07950.

ZIP Code 07950 Health Insurance Coverage

With Health Insurance Coverage:
19,728
No Health Insurance Coverage:
498

With Health Insurance Coverage:	19,728
No Health Insurance Coverage:	498

In ZIP Code 07950, there are 19,728 people with health insurance, 498 people still don't have health insurance. The health insurance coverage rate in ZIP Code 07950 is 97.5%.

ZIP Code 07950 Computer & Internet Use

With a Computer:
96.8%
With a Broadband Internet Subscription:
95.2%

* 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 07950, 96.8% of people use computer, 95.2% of people have a broadband internet subscription.

More Information

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