Somerset County

TOTAL POPULATION

Source: US Census, 2010

LABOR FORCE

Source: Chmura, 2016

LARGEST MUNICIPALITIES

wdt_ID	Municipality	Population
1	Franklin Twp	62,300
2	Bridgewater Twp	44,464
3	Hillsborough Twp	38,303
4	Bernards Twp	26,652
5	Montgomery Twp	22,254
6	North Plainfield	21,936

Source: US Census Bureau 2010

MAJOR PRIVATE SECTOR EMPLOYERS

wdt_ID	Company	Industry
1	Bausch & Lomb Inc.	Ophthalmic Goods Manufacturing
2	Bloomberg LP	News Syndicates
3	Brother International Corp	Office Equipment Wholesalers
4	Conva Tec Inc.	Medical Instrument Manufacturing
5	Daiichi Sankyo Inc.	Pharmaceuticals
6	Ethicon Us LLC	Biological Product Manufacturing
7	Everest Re Group LTD	Insurance Agencies
8	Federal Insurance Co	Direct Property Insurance Carriers
9	Ferreira Construction Co	Highway Construction
10	iconectiv	Communications

Source: Somerset County Community
Economic and Demographic Profile 2017

ETHNICITY/RACE

wdt_ID	Ethnicity	Percentage
1	White	70
2	Black	9
3	Hispanic (of all races)	13
4	Asian	14
5	Other	4

Source: US Census, 2010- 2015

AGE (POPULATION)

wdt_ID	Age	Percentage
1	Under 20	27
2	20-39	23
3	40-64	38
4	65+	12

Source: US Census, 2010- 2015

EDUCATION ATTAINMENT

wdt_ID	DEGREE	PERCENTAGE
2	H.S. Diploma or Higher	95
4	Associates Degree	6
5	Bachelor's Degree or Higher	52
6	Post-graduate studies	24

Source: US Census, American FactFinder, 2017

INSTITUTES OF HIGHER EDUCATION

wdt_ID	Institute	Type	Undergrad	Graduate
1	Raritan Valley CC	2 Yr	8,099	N/A

Source: Secretary of Higher Ed

0 %

USE OF
PUBLIC TRANSIT

Source: U.S. Census Bureau, 2011-2015

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	50.7 cents per gallon

*Corporate Income Tax will decrease to 9% in 2022. Source: Tax Foundation 2021

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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

Research Manager