ZIP Code 08016 Economic Characteristics

ZIP Code 08016 Employment

- Unemployment Rate:
  7%
Employed:
17,617
Unemployed:
1,320
Armed Forces:
158
Not in Labor Force:
8,507

Employed:	17,617
Unemployed:	1,320
Armed Forces:	158
Not in Labor Force:	8,507

The unemployment rate in ZIP Code 08016 is 7%, it's higher than the national unemployment rate.
In ZIP Code 08016, there are 17,617 people who are employed, 1,320 people who are unemployed, 158 people who are armed forces, and 8,507 people who are not in labor force.

ZIP Code 08016 Commuting

Mean Travel Time to Work:
32.8 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
13,419	1,391	608	239	390	1,269

Drove Alone	13,419
Carpooled	1,391
Public Transportation	608
Walked	239
Other Means	390
Worked from Home	1,269

In ZIP Code 08016, 13,419 people go to work by driving alone, 1,391 people go to work by carpooling. 608 people take the public transportation to their companies. 239 people walk to their companies. 1,269 people work at home.
In ZIP Code 08016, people usually take 32.8 minutes on commuting.

ZIP Code 08016 Occupation

Management, Business, Science, and Arts:
7,375
Service:
2,786
Sales and Office:
3,965
Natural Resources, Construction, and Maintenance:
919
Production, Transportation, and Material Moving:
2,572

Management, Business, Science, and Arts:	7,375
Service:	2,786
Sales and Office:	3,965
Natural Resources, Construction, and Maintenance:	919
Production, Transportation, and Material Moving:	2,572

In ZIP Code 08016, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 08016 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	4
Construction	700
Manufacturing	1,441
Wholesale Trade	385
Retail Trade	2,578
Transportation and Warehousing, and Utilities	1,244
Information	534
Finance and Insurance, and Real Estate and Rental and Leasing	1,473
Professional, Scientific, and Management, and Administrative and Waste Management Services	1,701
Educational Services, and Health Care and Social Assistance	4,370
Arts, Entertainment, and Recreation, and Accommodation and Food Services	1,231
Other Services, except Public Administration	422
Public Administration	1,534

In ZIP Code 08016, most people work in educational services, and health care and social assistance and retail trade.

ZIP Code 08016 Income & Benefits

Median Household Income:
$86,185
Per Capita Income:
$40,127

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
807	592	570	470	1,160	1,900	1,588	2,344	1,512	1,651

<$10,000	807
$10,000 - $14,999	592
$15,000 - $24,999	570
$25,000 - $34,999	470
$35,000 - $49,999	1,160
$50,000 - $74,999	1,900
$75,000 - $99,999	1,588
$100,000 - $149,999	2,344
$150,000 - $199,999	1,512
≥ $200,000	1,651

Benefits

With Earnings:	10,383
With Social Security:	3,850
With Retirement Income:	3,049
With Supplemental Security Income:	384
With Cash Public Assistance Income:	250
With Food Stamp/SNAP Benefits in the Past 12 Month:	1,109

The median household income in ZIP Code 08016 is $86,185, it's higher than the national median household income.
The per capita income in ZIP Code 08016 is $40,127, it's higher than the national per capita income.
In ZIP Code 08016, 807 households income less than $10,000. 1651 households income more than $200,000.
In ZIP Code 08016, 10,383 people have earnings. 3,850 people have social security. 3,049 people have retirement income. 384 people have supplemental security income. 250 people have cash public assistance income. 1,109 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 08016 Poverty Rate

All Families:
6.3%
All People:
10.9%

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

The families' poverty rate is 6.3%, and the people's poverty rate is 10.9% in ZIP Code 08016.

ZIP Code 08016 Health Insurance Coverage

With Health Insurance Coverage:
31,810
No Health Insurance Coverage:
1,895

With Health Insurance Coverage:	31,810
No Health Insurance Coverage:	1,895

In ZIP Code 08016, there are 31,810 people with health insurance, 1,895 people still don't have health insurance. The health insurance coverage rate in ZIP Code 08016 is 94.4%.

ZIP Code 08016 Computer & Internet Use

With a Computer:
94.1%
With a Broadband Internet Subscription:
91.7%

* 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 08016, 94.1% of people use computer, 91.7% of people have a broadband internet subscription.

More Information

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