Choose New Jersey Announces Tim Crouch as Organization's Chief Strategy Officer

Hudson County

0
TOTAL POPULATION

Source: JobsEQ, American Community Survey 2016-2020

0
LABOR FORCE

Source: JobsEQ, American Community Survey 2016-2020

LARGEST MUNICIPALITIES

wdt_ID Municipality Population
1 Jersey City 283,927
2 Bayonne 69,211
3 Union City 65,638
4 North Bergen 60,612
5 Hoboken 58,690
6 West New York 52,242

Source: US Census Bureau July 2021

MAJOR PRIVATE SECTOR EMPLOYERS

wdt_ID Company Industry
1 UBS Financial Services Financial Services
2 JP Morgan Chase Bank Financial
3 Quest Diagnostics Healthcare
4 Verisk Analytics Financial
5 Goldman Sachs & Co. Inc. Financial Services
6 Goya Food & Beverage
7 IPC Systems Holdings Financial Services
8 Computershare Investor Services LLC Financial Services
9 Brown Brothers Harriman & Co. Financial
10 The Realreal Inc Retail

Source: Zoominfo and Dunn & Bradstreet. 2023

ETHNICITY/RACE

wdt_ID Ethnicity Percentage
1 White 50
2 Black 12
3 Hispanic (of all races) 43
4 Asian 16
5 Other 13

Source: JobsEQ, American Community Survey 2016-2020

AGE (POPULATION)

wdt_ID Age Percentage
1 Under 18 20
2 18-24 8
3 25-54 49
4 55-64 11
5 65+ 12

Source: JobsEQ, American Community Survey 2016-2020

EDUCATION ATTAINMENT

wdt_ID DEGREE Percentage
2 H.S. Diploma or Higher 89
4 Associates Degree 5
5 Bachelor's Degree or Higher 48
6 Post-graduate studies 19

Source: JobsEQ, American Community Survey 2016-2020

INSTITUTES OF HIGHER EDUCATION

wdt_ID Institute Type Undergrad Graduate
1 New Jersey City University 4 Yr 5,262 1656
2 Stevens Institute of Technology 4 Yr 4,065 4223
3 Saint Peter's University 4 Yr 2,135 875
4 Hudson County CC 2 Yr 6,776 N/A

Source: Secretary of Higher Ed; Stevens Institute of Technology; Saint Peter’s University

0 %
USE OF
PUBLIC TRANSIT

Source: JobsEQ, American Community Survey 2016-2020

0
COMMUTER
RAIL LINES

Source: NJ Transit

MILEAGE TO AIRPORTS

wdt_ID Airport Miles
1 Newark International Airport 9
2 John F. Kennedy International Airport 22
3 LaGuardia Airport 16
4 Philadelphia International Airport 98
5 Trenton-Mercer Airport 59
6 Atlantic City International Airport 118
7 Teterboro Airport 11

MILEAGE TO PORTS

wdt_ID Port Miles
1 Port Newark-Elizabeth 10

TAXES

wdt_ID Tax Percent
1 Corporate Income Tax (Single Sales Factor) 6.5% to 11.5% (for incomes over $1M)
2 Personal Income Tax 1.4% to 10.75% (for incomes over $1M)
3 Sales and Use Tax 6.625% (3.3125% in UEZs)
4 Gross Receipts Tax None
5 Franchise Tax None
6 Personal Property Tax None
7 Real Property Tax No state property tax
8 Fuel Tax 41.40 cents per gallon
*Corporate Income Tax will decrease to 9% in 2022. Source: Tax Foundation 2021

WHAT CAN CHOOSE New Jersey DO FOR YOU

Relocation & Expansion Services

We provide customized RFI responses, demographics, detailed market assessments and other complimentary business relocation and expansion services. When your company chooses to grow in New Jersey, we also will help you publicize your good news.

Site Visits

We’ll make your property search seamless, so you find the site that best meets your relocation or expansion needs.

Economic Development Connections

Our public and private partners provide a wide range of services. From higher education research collaboration to regulatory and legal assistance to workforce training, they’ll ensure you have a smooth landing.

Rena Sherman
Director of Research & Strategic Partnerships