ZIP Code 08502 Economic Characteristics

ZIP Code 08502 Employment

- Unemployment Rate:
  3.8%
Employed:
6,135
Unemployed:
243
Armed Forces:
0
Not in Labor Force:
2,571

Employed:	6,135
Unemployed:	243
Armed Forces:	0
Not in Labor Force:	2,571

The unemployment rate in ZIP Code 08502 is 3.8%,
In ZIP Code 08502, there are 6,135 people who are employed, 243 people who are unemployed, 0 people who are armed forces, and 2,571 people who are not in labor force.

ZIP Code 08502 Commuting

Mean Travel Time to Work:
37.9 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
4,183	224	195	31	88	1,362

Drove Alone	4,183
Carpooled	224
Public Transportation	195
Walked	31
Other Means	88
Worked from Home	1,362

In ZIP Code 08502, 4,183 people go to work by driving alone, 224 people go to work by carpooling. 195 people take the public transportation to their companies. 31 people walk to their companies. 1,362 people work at home.
In ZIP Code 08502, people usually take 37.9 minutes on commuting.

ZIP Code 08502 Occupation

Management, Business, Science, and Arts:
4,495
Service:
510
Sales and Office:
852
Natural Resources, Construction, and Maintenance:
140
Production, Transportation, and Material Moving:
138

Management, Business, Science, and Arts:	4,495
Service:	510
Sales and Office:	852
Natural Resources, Construction, and Maintenance:	140
Production, Transportation, and Material Moving:	138

In ZIP Code 08502, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 08502 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	86
Construction	112
Manufacturing	800
Wholesale Trade	157
Retail Trade	430
Transportation and Warehousing, and Utilities	100
Information	420
Finance and Insurance, and Real Estate and Rental and Leasing	728
Professional, Scientific, and Management, and Administrative and Waste Management Services	1,329
Educational Services, and Health Care and Social Assistance	1,296
Arts, Entertainment, and Recreation, and Accommodation and Food Services	266
Other Services, except Public Administration	255
Public Administration	156

In ZIP Code 08502, most people work in professional, scientific, and management, and administrative and waste management services and educational services, and health care and social assistance.

ZIP Code 08502 Income & Benefits

Median Household Income:
$206,250
Per Capita Income:
$80,301

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
17	15	87	21	86	164	557	280	600	1,890

<$10,000	17
$10,000 - $14,999	15
$15,000 - $24,999	87
$25,000 - $34,999	21
$35,000 - $49,999	86
$50,000 - $74,999	164
$75,000 - $99,999	557
$100,000 - $149,999	280
$150,000 - $199,999	600
≥ $200,000	1,890

Benefits

With Earnings:
3,473
With Social Security:
520
With Retirement Income:
559
With Supplemental Security Income:
29
With Cash Public Assistance Income:
7
With Food Stamp/SNAP Benefits in the Past 12 Month:
15

With Earnings:	3,473
With Social Security:	520
With Retirement Income:	559
With Supplemental Security Income:	29
With Cash Public Assistance Income:	7
With Food Stamp/SNAP Benefits in the Past 12 Month:	15

The median household income in ZIP Code 08502 is $206,250, it's higher than the national median household income.
The per capita income in ZIP Code 08502 is $80,301, it's higher than the national per capita income.
In ZIP Code 08502, 17 households income less than $10,000. 1890 households income more than $200,000.
In ZIP Code 08502, 3,473 people have earnings. 520 people have social security. 559 people have retirement income. 29 people have supplemental security income. 7 people have cash public assistance income. 15 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 08502 Poverty Rate

All Families:
1.5%
All People:
2.6%

* 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 2.6% in ZIP Code 08502.

ZIP Code 08502 Health Insurance Coverage

With Health Insurance Coverage:
11,213
No Health Insurance Coverage:
112

With Health Insurance Coverage:	11,213
No Health Insurance Coverage:	112

In ZIP Code 08502, there are 11,213 people with health insurance, 112 people still don't have health insurance. The health insurance coverage rate in ZIP Code 08502 is 99%.

ZIP Code 08502 Computer & Internet Use

With a Computer:
99.4%
With a Broadband Internet Subscription:
98.7%

* 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 08502, 99.4% of people use computer, 98.7% of people have a broadband internet subscription.

More Information

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