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

Monmouth 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 Middletown Twp 67,054
2 Howell Twp 53,801
3 Marlboro Twp 41,547
4 Manalapan Twp 40,877
5 Freehold Twp 35,596
6 Long Branch 32,383

Source: US Census Bureau July 2021

MAJOR PRIVATE SECTOR EMPLOYERS

wdt_ID Company Industry
1 Monmouth University Education
2 AIG American General Financial Services
3 New Jersey Resources (NJR) Utility
4 Fragomen, Del Ray, Bernsen & Loewy, LLP Law Firm
5 Clover Imaging Group, LLC Manufacturing
6 Air Safety Equipment Inc Aircraft Charter
7 Safran Aerospace
8 Commvault Information Technology
9 Vonage Telecommunication

Source: Source: Zoominfo and Dunn & Bradstreet. 2023

ETHNICITY/RACE

wdt_ID Ethnicity Percentage
1 White 82
2 Black 7
3 Hispanic (of all races) 11
4 Asian 5
5 Other 3

Source: JobsEQ, American Community Survey 2016-2020

AGE (POPULATION)

wdt_ID Age Percentage
1 Under 18 21
2 18-24 8
3 25-54 37
4 55-64 16
5 65+ 18

Source: JobsEQ, American Community Survey 2016-2020

EDUCATION ATTAINMENT

wdt_ID DEGREE PERCENTAGE
2 H.S. Diploma or Higher 95
4 Associates Degree 8
5 Bachelor's Degree or Higher 32
6 Post-graduate studies 19

Source: JobsEQ, American Community Survey 2016-2020

INSTITUTES OF HIGHER EDUCATION

wdt_ID Institute Type Undergrad Graduate
1 Monmouth University 4 Yr 4,094 1411
2 Brookdale CC 2 Yr 9,566 N/A

Source: Secretary of Higher Education; Monmouth 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 37
2 John F. Kennedy International Airport 61
3 LaGuardia Airport 60
4 Philadelphia International Airport 75
5 Trenton-Mercer Airport 42
6 Atlantic City International Airport 74
7 Teterboro Airport 52

MILEAGE TO PORTS

wdt_ID Port Miles
1 Port Newark-Elizabeth 43

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