ZIP Code 08540 Economic Characteristics

ZIP Code 08540 Employment

- Unemployment Rate:
  3.5%
Employed:
24,780
Unemployed:
889
Armed Forces:
0
Not in Labor Force:
13,093

Employed:	24,780
Unemployed:	889
Armed Forces:	0
Not in Labor Force:	13,093

The unemployment rate in ZIP Code 08540 is 3.5%,
In ZIP Code 08540, there are 24,780 people who are employed, 889 people who are unemployed, 0 people who are armed forces, and 13,093 people who are not in labor force.

ZIP Code 08540 Commuting

Mean Travel Time to Work:
33.2 minutes

Drove Alone	Carpooled	Public Transportation	Walked	Other Means	Worked from Home
11,694	1,188	2,474	1,624	440	6,766

Drove Alone	11,694
Carpooled	1,188
Public Transportation	2,474
Walked	1,624
Other Means	440
Worked from Home	6,766

In ZIP Code 08540, 11,694 people go to work by driving alone, 1,188 people go to work by carpooling. 2,474 people take the public transportation to their companies. 1,624 people walk to their companies. 6,766 people work at home.
In ZIP Code 08540, people usually take 33.2 minutes on commuting.

ZIP Code 08540 Occupation

Management, Business, Science, and Arts:
18,692
Service:
1,207
Sales and Office:
3,562
Natural Resources, Construction, and Maintenance:
589
Production, Transportation, and Material Moving:
730

Management, Business, Science, and Arts:	18,692
Service:	1,207
Sales and Office:	3,562
Natural Resources, Construction, and Maintenance:	589
Production, Transportation, and Material Moving:	730

In ZIP Code 08540, most people are employed in the sector of management, business, science, and arts and sales and office.

ZIP Code 08540 Industry

Agriculture, Forestry, Fishing and Hunting, and Mining	213
Construction	416
Manufacturing	2,316
Wholesale Trade	517
Retail Trade	1,621
Transportation and Warehousing, and Utilities	454
Information	921
Finance and Insurance, and Real Estate and Rental and Leasing	2,882
Professional, Scientific, and Management, and Administrative and Waste Management Services	5,764
Educational Services, and Health Care and Social Assistance	7,722
Arts, Entertainment, and Recreation, and Accommodation and Food Services	826
Other Services, except Public Administration	746
Public Administration	382

In ZIP Code 08540, 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 08540 Income & Benefits

Median Household Income:
$163,074
Per Capita Income:
$80,500

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
639	492	766	453	972	1,578	1,672	1,845	2,305	6,973

<$10,000	639
$10,000 - $14,999	492
$15,000 - $24,999	766
$25,000 - $34,999	453
$35,000 - $49,999	972
$50,000 - $74,999	1,578
$75,000 - $99,999	1,672
$100,000 - $149,999	1,845
$150,000 - $199,999	2,305
≥ $200,000	6,973

Benefits

With Earnings:	14,660
With Social Security:	4,369
With Retirement Income:	2,981
With Supplemental Security Income:	502
With Cash Public Assistance Income:	233
With Food Stamp/SNAP Benefits in the Past 12 Month:	490

The median household income in ZIP Code 08540 is $163,074, it's higher than the national median household income.
The per capita income in ZIP Code 08540 is $80,500, it's higher than the national per capita income.
In ZIP Code 08540, 639 households income less than $10,000. 6973 households income more than $200,000.
In ZIP Code 08540, 14,660 people have earnings. 4,369 people have social security. 2,981 people have retirement income. 502 people have supplemental security income. 233 people have cash public assistance income. 490 people have food stamp/SNAP benefits in the past 12 months.

ZIP Code 08540 Poverty Rate

All Families:
4.6%
All People:
6.6%

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

The families' poverty rate is 4.6%, and the people's poverty rate is 6.6% in ZIP Code 08540.

ZIP Code 08540 Health Insurance Coverage

With Health Insurance Coverage:
47,585
No Health Insurance Coverage:
706

With Health Insurance Coverage:	47,585
No Health Insurance Coverage:	706

In ZIP Code 08540, there are 47,585 people with health insurance, 706 people still don't have health insurance. The health insurance coverage rate in ZIP Code 08540 is 98.5%.

ZIP Code 08540 Computer & Internet Use

With a Computer:
98.7%
With a Broadband Internet Subscription:
93.4%

* 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 08540, 98.7% of people use computer, 93.4% of people have a broadband internet subscription.

More Information

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