US ZIP Code 07040 Employment Sector Statistics (2024)
Workforce distribution by employment sector for US ZIP Code 07040
Employment Indicators for US ZIP Code 07040 (2024)
Total Employed
13,116
Civilian 16+
Private For-Profit
72.7 %
Largest Sector
Self-Employed
5.2%
Entrepreneurship
Government
13.5%
Public Sector
US ZIP Code 07040 Workforce by Sector & Gender
US ZIP Code 07040 Employment Sector Breakdown
| Sector | Total Workers | Percentage |
|---|---|---|
| Private For-Profit | 9,538 | 72.7% |
| Government | 1,765 | 13.5% |
| Self-Employed | 682 | 5.2% |
| Private Non-Profit | 1,125 | 8.6% |
US ZIP Code 07040 Gender Ratio Analysis by Employment Sector (2024)
| Sector | Male:Female Ratio |
|---|---|
| Private For-Profit | 1.15:1 |
| Government | 0.90:1 |
| Self-Employed | 1.44:1 |
US ZIP Code 07040 Employment Trends (2021–2024)
US ZIP Code 07040 Historical Employment Sector Trends
| Year | Private | Gov | Self-Emp | Non-Profit |
|---|---|---|---|---|
| 2024 | 72.7% | 13.5% | 5.2% | 8.6% |
| 2023 | 73.1% | 12.9% | 5.8% | 8.1% |
| 2022 | 71.8% | 14.6% | 5.7% | 7.8% |
| 2021 | 72.1% | 13.9% | 5.6% | 8.3% |
Employment Sector FAQs for US ZIP Code 07040
The largest employment sector in US ZIP Code 07040 is Private For-Profit, which employs 72.7% of the local workforce.
There are approximately 13,116 civilian workers aged 16 and over currently employed in US ZIP Code 07040.
In the private for-profit sector, the male-to-female ratio is 1.15:1. This metric helps highlight gender participation across the most prominent industry classes.
Since 2021, the total number of workers in US ZIP Code 07040 has shown a decrease, moving from 13,436 to 13,116 according to Census Bureau records.