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

Morris 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 Parsippany-Troy Hills 56,120.00
2 Mount Olive 28,895.00
3 Randolph 26,480.00
4 Rockaway Twp 25,869.00
5 Roxbury 23,161.00
6 Morris Twp 20,276.00

Source: US Census Bureau July 2021

MAJOR PRIVATE SECTOR EMPLOYERS

wdt_ID Company Industry
1 Atlantic Health System Healthcare
2 Picatinny Arsenal Industrial
3 Novartis Life Sciences
4 Bayer Life Sciences
5 Barclays Financial Services
6 ADP Business Services
7 Accenture Information Technology
8 Deloitte & Toche Financial Services
9 Saint Clare's Health Healthcare
10 PricewaterhouseCoopers Professional Services

Source: Source: Zoominfo and Dunn & Bradstreet. 2023

ETHNICITY/RACE

wdt_ID Ethnicity Percentage
1 White 80
2 Black 3
3 Hispanic (of all races) 14
4 Asian 11
5 Other 3

Source: JobsEQ, American Community Survey 2016-2020

AGE (POPULATION)

wdt_ID Age Percentage
1 Under 18 21
2 18-24 9
3 25-54 39
4 55-64 15
5 65+ 17

Source: JobsEQ, American Community Survey 2016-2020

EDUCATION ATTAINMENT

wdt_ID DEGREE PERCENTAGE
2 H.S. Diploma or Higher 95
4 Associates Degree 7
5 Bachelor's Degree or Higher 59
6 Post-graduate studies 23

Source: JobsEQ, American Community Survey 2016-2020

INSTITUTES OF HIGHER EDUCATION

wdt_ID Institute Type Undergrad Graduate
1 Fairleigh Dickinson University 4 Yr 7,860 2685
2 Drew University 4 Yr 1,625 612
3 Saint Elizabeth University 4 Yr 752 446
4 Morris County CC 2 Yr 6,219 N/A

Source: Secretary of Higher Ed, US News 2021

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 30
2 John F. Kennedy International Airport 59
3 LaGuardia Airport 49
4 Philadelphia International Airport 103
5 Trenton-Mercer Airport 58
6 Atlantic City International Airport 134
7 Teterboro Airport 33

MILEAGE TO PORTS

wdt_ID PORT Miles
1 Port Newark-Elizabeth 29

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

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Rena Sherman
Director of Research & Strategic Partnerships