California and New Jersey have long histories of innovation. Before Silicon Valley, New Jersey was the center of invention and discovery in the U.S., from Thomas Edison to the renowned scientists and engineers at Bell Labs. Today, New Jersey is reclaiming its legacy, and forging a new chapter. For companies looking to relocate, expand, or start up, geography may be the deciding factor. New Jersey offers same business day dealings with European countries, in addition to a talented workforce and a more affordable cost of living and doing business.
Choose New Jersey has provided the following stats and ranking to consider between New Jersey and California. If you don’t see the information you’re looking for, please submit a request to Choose New Jersey with your inquiry. All resources provided by Choose New Jersey are complementary.
|2||Concentration of scientists and engineers²||1||9|
|5||High School Graduation Rate⁴||2||29|
|6||Concentration of employees working for FDI companies⁵||3||24|
|7||Public Transit Usage⁶||2||9|
|10||Patents from 1976-2020⁷||11||1|
|wdt_ID||Programs and Occupations||SOC Codes||New Jersey (Degrees Awarded)||California (Degrees Awarded)|
|2||Total Degrees Awarded||35,436||180,217|
|3||% of STEM awards to all graduates||34%||27%|
|5||Natural Resources Conservation and Research||3.01||289||3,202|
|6||Computer and Information Sciences and Support Services||11||4,935||19,741|
|8||Engineering Technologies and Engineering-Related Fields||15||1,397||6,722|
|9||Biological and Biomedical Sciences||26||3,851||19,750|
|10||Mathematics and Statistics||27||1,351||9,166|
|1||% of GDP¹²||3%||8%|
|3||Square Mileage¹⁴||8,722 sq mi.||54,556|
|11||Early Childhood Education¹⁵||1||12|
|12||Raising a Child¹⁶||1||13|
|14||Air and Water Quality¹⁸||5||15|
|18||Economic Impact of Immigration²²||3||2|
|1||Class A Office Space²³||$36.78 (North), $30.44 (Central), $24.67 (South)||$86.31 (San Francisco), $40.23 (Los Angeles), $44.36 (San Diego)|
|4||LAB Space²⁴||$22.28 (Statewide)||$49.21 (San Francisco), $47.28 (San Diego), $17.79 (Los Angeles)|
|7||FLEX Space²⁵||$13.39 (Statewide)||$22.68 (Statewide)|
|8||Industrial Space²⁶||$6.77 (North), $7.43 (Central), $6.18 (South)||$19.02 (San Francisco), $10.85 (Los Angeles), $13.28 (San Diego)|
¹Education Week, Quality Counts 2020, ²National Science Foundation: Science & Engineering Indicators 2020, ³Broadband Now 2020, ⁴US News & Work Report: 2020 Pre-K-12 Ranking, ⁵Bureau of Economic Analysis: Activities of US Affiliates of Foreign Multinational Enterprises 2017, ⁶US News & Work Report: 2020 Transportation Rankings, ⁷US Patent & Trademark Office 2020, ⁸US Census 2016 Annual Survey of Entrepreneurs, ⁹Lumina Foundation: A Stronger Nation Report 2020 South NJ Q1 2020, ¹⁰US News & World Report: 2020 Business Enviroment Ranking, ¹¹JobsEQ, ¹²Bureau of Economic Analysis: GDP by State Q1 2020, ¹³US Census 2019, ¹⁴enchantedlearning.com: US States Area and Ranking, ¹⁵24/7 Wall Street: States with the Best & Worst Early Education May 2018, ¹⁶Save the Children 2020, ¹⁷US News & World Report: 2020 Public Safety Ranking, ¹⁸US News & World Report: 2020 Air & Water Quality Rankings, ¹⁹US News & World Report: 2020 Health Care, ²⁰US News & World Report: 2020 Economic Opportunity Rankings, ²¹WalletHub: Most & Least Diverse States in America September 2019, ²²WalletHub: Economic Impact of Immigrants by state, ²³Cushman & Wakefield Office Marketbeat Q2 2020 (Q1 2020 South NJ), ²⁴JLL 2019 Life Sciences Outlook, ²⁵Flex CoStar Analytics August 2020, ²⁶Cushman & Wakefield Marketbeat for Manufacturing Q2 2020 (Q1 2020 South NJ)
New Jersey’s highly-educated workforce, robust infrastructure, and strategic East Coast location can take your business to the next level. We surpass our competitors in many key areas, including education, talent, diversity and quality of life. What’s more, we offer all the accessibility at a more affordable cost than other major metro areas like New York City, Boston and the San Francisco Bay Area. We invite you to discover all the possibilities of a New Jersey location:
A strong workforce and location, diverse culture and lifestyle options, and established industry foundations make New Jersey the place to be for business. Choose New Jersey suggests the following industries inquire for more information:
Choose New Jersey is a private, non-profit economic development organization for the state of New Jersey. Relocation & expansion services, such as detailed market assessments, as well as site visits and economic development connections, are all complementary resources for businesses to take advantage of through the organization. Keep in touch with what’s going on in New Jersey by subscribing to our newsletter or, if you’re ready to get started, please fill out the form below to tell us how we can help.
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