ZIP Code 08501 Economic Characteristics

ZIP Code 08501 Employment

- Unemployment Rate:
  6.5%
Employed:
3,020
Unemployed:
211
Armed Forces:
16
Not in Labor Force:
2,335

Employed:	3,020
Unemployed:	211
Armed Forces:	16
Not in Labor Force:	2,335

The unemployment rate in ZIP Code 08501 is 6.5%, it's higher than the national unemployment rate.
In ZIP Code 08501, there are 3,020 people who are employed, 211 people who are unemployed, 16 people who are armed forces, and 2,335 people who are not in labor force.

ZIP Code 08501 Commuting

Mean Travel Time to Work:
31.9 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
2,073	273	67	52	0	492

Drove Alone	2,073
Carpooled	273
Public Transportation	67
Walked	52
Other Means	0
Worked from Home	492

In ZIP Code 08501, 2,073 people go to work by driving alone, 273 people go to work by carpooling. 67 people take the public transportation to their companies. 52 people walk to their companies. 492 people work at home.
In ZIP Code 08501, people usually take 31.9 minutes on commuting.

ZIP Code 08501 Occupation

Management, Business, Science, and Arts:
1,766
Service:
371
Sales and Office:
662
Natural Resources, Construction, and Maintenance:
109
Production, Transportation, and Material Moving:
112

Management, Business, Science, and Arts:	1,766
Service:	371
Sales and Office:	662
Natural Resources, Construction, and Maintenance:	109
Production, Transportation, and Material Moving:	112

In ZIP Code 08501, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 08501 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	73
Construction	70
Manufacturing	246
Wholesale Trade	134
Retail Trade	207
Transportation and Warehousing, and Utilities	102
Information	148
Finance and Insurance, and Real Estate and Rental and Leasing	264
Professional, Scientific, and Management, and Administrative and Waste Management Services	356
Educational Services, and Health Care and Social Assistance	727
Arts, Entertainment, and Recreation, and Accommodation and Food Services	306
Other Services, except Public Administration	170
Public Administration	217

In ZIP Code 08501, 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 08501 Income & Benefits

Median Household Income:
$125,172
Per Capita Income:
$63,246

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
28	49	67	120	165	288	372	328	302	757

<$10,000	28
$10,000 - $14,999	49
$15,000 - $24,999	67
$25,000 - $34,999	120
$35,000 - $49,999	165
$50,000 - $74,999	288
$75,000 - $99,999	372
$100,000 - $149,999	328
$150,000 - $199,999	302
≥ $200,000	757

Benefits

With Earnings:	1,787
With Social Security:	991
With Retirement Income:	922
With Supplemental Security Income:	105
With Cash Public Assistance Income:	0
With Food Stamp/SNAP Benefits in the Past 12 Month:	51

The median household income in ZIP Code 08501 is $125,172, it's higher than the national median household income.
The per capita income in ZIP Code 08501 is $63,246, it's higher than the national per capita income.
In ZIP Code 08501, 28 households income less than $10,000. 757 households income more than $200,000.
In ZIP Code 08501, 1,787 people have earnings. 991 people have social security. 922 people have retirement income. 105 people have supplemental security income. 0 people have cash public assistance income. 51 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 08501 Poverty Rate

All Families:
1.5%
All People:
4.2%

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

The families' poverty rate is 1.5%, and the people's poverty rate is 4.2% in ZIP Code 08501.

ZIP Code 08501 Health Insurance Coverage

With Health Insurance Coverage:
6,259
No Health Insurance Coverage:
120

With Health Insurance Coverage:	6,259
No Health Insurance Coverage:	120

In ZIP Code 08501, there are 6,259 people with health insurance, 120 people still don't have health insurance. The health insurance coverage rate in ZIP Code 08501 is 98.1%.

ZIP Code 08501 Computer & Internet Use

With a Computer:
97.2%
With a Broadband Internet Subscription:
91.6%

* 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 08501, 97.2% of people use computer, 91.6% of people have a broadband internet subscription.

More Information

What else do you want to know about the ZIP Code 08501? We collected some information related to ZIP Code 08501, 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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