ZIP Code 08505 Economic Characteristics

ZIP Code 08505 Employment

- Unemployment Rate:
  4.3%
Employed:
9,571
Unemployed:
433
Armed Forces:
31
Not in Labor Force:
4,265

Employed:	9,571
Unemployed:	433
Armed Forces:	31
Not in Labor Force:	4,265

The unemployment rate in ZIP Code 08505 is 4.3%,
In ZIP Code 08505, there are 9,571 people who are employed, 433 people who are unemployed, 31 people who are armed forces, and 4,265 people who are not in labor force.

ZIP Code 08505 Commuting

Mean Travel Time to Work:
28.9 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
7,700	637	98	67	83	778

Drove Alone	7,700
Carpooled	637
Public Transportation	98
Walked	67
Other Means	83
Worked from Home	778

In ZIP Code 08505, 7,700 people go to work by driving alone, 637 people go to work by carpooling. 98 people take the public transportation to their companies. 67 people walk to their companies. 778 people work at home.
In ZIP Code 08505, people usually take 28.9 minutes on commuting.

ZIP Code 08505 Occupation

Management, Business, Science, and Arts:
4,693
Service:
989
Sales and Office:
2,418
Natural Resources, Construction, and Maintenance:
652
Production, Transportation, and Material Moving:
819

Management, Business, Science, and Arts:	4,693
Service:	989
Sales and Office:	2,418
Natural Resources, Construction, and Maintenance:	652
Production, Transportation, and Material Moving:	819

In ZIP Code 08505, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 08505 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	44
Construction	515
Manufacturing	486
Wholesale Trade	354
Retail Trade	888
Transportation and Warehousing, and Utilities	425
Information	280
Finance and Insurance, and Real Estate and Rental and Leasing	723
Professional, Scientific, and Management, and Administrative and Waste Management Services	1,213
Educational Services, and Health Care and Social Assistance	2,623
Arts, Entertainment, and Recreation, and Accommodation and Food Services	630
Other Services, except Public Administration	352
Public Administration	1,038

In ZIP Code 08505, 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 08505 Income & Benefits

Median Household Income:
$98,479
Per Capita Income:
$47,999

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
142	37	232	408	645	1,046	1,001	1,485	809	1,026

<$10,000	142
$10,000 - $14,999	37
$15,000 - $24,999	232
$25,000 - $34,999	408
$35,000 - $49,999	645
$50,000 - $74,999	1,046
$75,000 - $99,999	1,001
$100,000 - $149,999	1,485
$150,000 - $199,999	809
≥ $200,000	1,026

Benefits

With Earnings:	5,737
With Social Security:	1,950
With Retirement Income:	1,802
With Supplemental Security Income:	193
With Cash Public Assistance Income:	108
With Food Stamp/SNAP Benefits in the Past 12 Month:	41

The median household income in ZIP Code 08505 is $98,479, it's higher than the national median household income.
The per capita income in ZIP Code 08505 is $47,999, it's higher than the national per capita income.
In ZIP Code 08505, 142 households income less than $10,000. 1026 households income more than $200,000.
In ZIP Code 08505, 5,737 people have earnings. 1,950 people have social security. 1,802 people have retirement income. 193 people have supplemental security income. 108 people have cash public assistance income. 41 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 08505 Poverty Rate

All Families:
2.1%
All People:
3.7%

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

The families' poverty rate is 2.1%, and the people's poverty rate is 3.7% in ZIP Code 08505.

ZIP Code 08505 Health Insurance Coverage

With Health Insurance Coverage:
16,446
No Health Insurance Coverage:
617

With Health Insurance Coverage:	16,446
No Health Insurance Coverage:	617

In ZIP Code 08505, there are 16,446 people with health insurance, 617 people still don't have health insurance. The health insurance coverage rate in ZIP Code 08505 is 96.4%.

ZIP Code 08505 Computer & Internet Use

With a Computer:
96.2%
With a Broadband Internet Subscription:
95%

* 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 08505, 96.2% of people use computer, 95% of people have a broadband internet subscription.

More Information

What else do you want to know about the ZIP Code 08505? We collected some information related to ZIP Code 08505, 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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