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

Somerset County

0
TOTAL POPULATION

Source: American Community Survey, 2020

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LABOR FORCE

Source: American Community Survey, 2020

Somerset County on on New Jersey Map

ABOUT SOMERSET COUNTY

Located in the heart of Central New Jersey, Somerset County’s deep talent pool supports some of the world’s most successful companies. We’re home to the world’s largest production line of fruit snacks, the largest global PCR manufacturing operation globally, and the first standalone business 100% dedicated to consumer health. Our workforce is the reason companies choose to base their operations here. We’re a talent hotspot for Data Scientists and relative to our population, we exceed the national average for Chemical Engineers, Biological Technicians, Packaging and Filling Machine Operators and Industrial Engineers. Our talent pipeline is fueled by Raritan Valley Community College, ranked #1 for Career Training in New Jersey, and we’re mere minutes from Princeton and Rutgers Universities.

Employees are drawn to our innovative companies and diverse industries, and they stay for exceptional quality of life and proximity to New York and Philadelphia. Our Blue Ribbon schools consistently rank among the best in the nation. We’re home to the New York Yankees Double-A affiliate, the Somerset Patriots, the U.S. Golf Association Museum, award-winning county parks, local farms, and craft beverage makers, and lots of outdoor recreation such as hiking, biking, fishing, and birdwatching.

Key Industries

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Life Sciences

professional services

Professional Services

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Advanced Manufacturing

LARGEST MUNICIPALITIES

wdt_ID Municipality Population
1 Franklin Twp 68,428
2 Bridgewater Twp 46,350
3 Hillsborough Twp 42,986
4 Bernards Twp 27,747
5 Montgomery Twp 23,502
6 North Plainfield 22,497

Source: US Census Bureau 2021

MAJOR PRIVATE SECTOR EMPLOYERS

wdt_ID Company Industry
1 Daiichi Sankyo Life Sciences
2 Verizon Technology
3 Pfizer Life Sciences
4 AT&T Technology
5 Syneos Health Pharmaceuticals
6 Catalent Pharmaceuticals
7 Morgan Stanley Financial Services
8 Shi International Corp Technology
9 Haleon Healthcare
10 Amneal Pharmaceuticals, Inc. Pharmaceuticals

Source: Zoominfo and Dunn & Bradstreet. 2023

ETHNICITY/RACE

wdt_ID Ethnicity Percentage
1 White 64
2 Black 10
3 Hispanic (of all races) 15
4 Asian 18
5 Other 4

Source: JobsEQ, American Community Survey, 2016- 2020

AGE (POPULATION)

wdt_ID Age Percentage
1 Under 18 22
2 18-24 8
3 25-54 39
4 55-64 15
5 65+ 16

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 26

Source: JobsEQ, American Community Survey, 2016-2020

INSTITUTES OF HIGHER EDUCATION

wdt_ID Institute Type Undergrad Graduate
1 Raritan Valley CC 2 Yr 9,385 N/A

Source: Somerset County

0 %
USE OF
PUBLIC TRANSIT

Source: JobsEQ, American Community Survey 2016-2020

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COMMUTER
RAIL LINES

Source: NJ Transit

MILEAGE TO AIRPORTS

wdt_ID Airport Miles
1 Newark International Airport 28
2 John F. Kennedy International Airport 59
3 LaGuardia Airport 62
4 Philadelphia International Airport 73
5 Trenton-Mercer Airport 29
6 Atlantic City International Airport 108
7 Teterboro Airport 48

MILEAGE TO PORTS

wdt_ID PORT Miles
1 Port Newark-Elizabeth 36

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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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