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New Jersey Profile

0 %
Unemployment Rate

Source: Bureau of Labor Statistics, January 2022

0
Labor Force

Source: U.S. Census, June 2021

0
Population

Source: U.S. Census, April 2020

$ 0 B
STATE GDP
(CURRENT DOLLARS)

Source: U.S. Bureau of Economic Analysis, Q1 2021

$ 0
PER CAPITA
PERSONAL INCOME

Source: U.S. Bureau of Economic Analysis, March 2020

0 %
OF U.S. GDP

Source: U.S. Bureau of Economic Analysis, Q3 2021

15 NEW JERSEY FORTUNE 500 COMPANIES

wdt_ID COMPANY FORTUNE 500 RANK CITY COUNTY REVENUE ($ MILLIONS)
1 Johnson & Johnson 36 New Brunswick Middlesex 82.5
2 Prudential Financial 55 Newark Essex 57.0
3 Merck 65 Kenilworth Hunterdon 47.1
4 Becton Dickinson 177 Franklin Lakes Bergen 17.1
5 Cognizant Technology Solutions 185 Teaneck Bergen 16.7
6 PBF Energy 203 Parsippany Morris 15.1
7 ADP 208 Roseland Essex 14.6
8 Bed Bath & Beyond 280 Union Union 11.2
9 Public Service Enterprise Group 318 Newark Essex 9.7
10 Quest Diagnostics 324 Secaucus Bergen 9.4
Source: Fortune, June 2021

LARGEST EMPLOYERS IN NEW JERSEY

wdt_ID Rank Company Industry
1 1 ADP Professional Services
2 2 Amazon Logistics & Trans.
3 3 AT&T Corp. IT & Comm.
4 4 Atlantic City Showboat Inc Hospitality
5 5 Atlantic Health System Inc. Healthcare
6 6 Atlanticare Health System Inc. Healthcare
7 7 Avis Rent A Car System, Inc. Other
8 8 Bancroft NeuroRehab Healthcare
9 9 Borgata Hotel Casino & Spa Hospitality
10 10 Briad Main Street Inc Hospitality

Source: Dun & Bradstreet, 2020
*Non-governmental

LARGEST EMPLOYERS IN NEW JERSEY BY INDUSTRY

wdt_ID Life Sciences
1 Becton, Dickinson and Co.
2 Bristol-Myers Squibb Co.
3 Convance
4 Getinge
5 Hoffmann-La Roche Inc.
6 Johnson & Johnson
7 Merck
8 Novartis Pharmaceuticals Corp.
9 Sanofi US Services Inc.
10 Trigen Laboratories, LLC
wdt_ID Food
1 Campbell Soup Co.
2 Deb El Food Products LLC
3 Foulkrod Associates
4 Mars Wrigley U.S.
5 Papetti's Hygrade Egg Products, Inc
6 Rich Products Co.
8 Season Brand
9 Star Snacks Co. LLC
10 Tropical Cheese Industries Inc
11 Unilever United States, Inc
wdt_ID Manufacturing
1 Ansell
2 BASF Corp.
3 BMW of North America
4 Ingredion
5 Kulite Semiconductor Products, Inc.
6 Paulsboro Refining Company LLC
7 PSEG Nuclear LLC
8 Solvay Holding Inc.
9 The Boeing Company
10 Unilever United States, Inc
wdt_ID Healthcare
1 Atlantic Health System Inc
2 Atlanticare Health System Inc
3 Careevolve.com, Inc
4 Centrastate Medical Center Inc
5 Hackensack Meridian Health, Inc
6 Healthcare Services Group, Inc
7 Jefferson Health New Jersey
8 Robert Wood Johnson Barnabas Health
9 The Cooper Health System
10 Virtua Health
wdt_ID Logistics & Transportation
1 Air Safety Equipment Inc
2 American Airlines, Inc
3 Dynamic Delivery Corp
4 National Distribution Centers, L.P.
5 National Retail Systems
6 Port Newark Container Terminal LLC
7 Prospect Airport Services, Inc
8 Spirit Airlines, Inc.
9 United Airlines
10 United Parcel Service, Inc
wdt_ID Information Technology/Communications
1 AT&T Corp
2 Core Technology Solutions
3 IPC Systems Holdings Corp
4 Panasonic Corporation of North America
5 Samsung Electronics America, Inc
6 Shi International Corp
7 Trigyn Technologies
8 Unitek Global Services, Inc
9 Verisk Analytics, Inc
10 Verizon New Jersey Inc
wdt_ID Financial Services
1 Barclays US
2 Fiserv
3 Goldman Sachs
4 Homeward Residential
5 JP Morgan Chase
6 Prudential
7 The Provident Bank
8 UBS Financial Services
9 Valley National Bank
10 Volvo Financial Services

Source: Dun & Bradstreet, 2020
*Non-governmental

EDUCATION ATTAINMENT

wdt_ID DEGREE NJ US

Source: U.S. Census – Educational Attainment, 2018

Education

2 of 0
AAU RESEARCH SCHOOLS

Princeton University &
Rutgers, The State University of New Jersey

SELECT INSTITUTIONS OF HIGHER EDUCATION

wdt_ID Institute County Undergrad Graduate
1 Rutgers University Camden, Essex, Middlesex 56,737 22,085
2 Montclair State University Essex 18,798 5,224
3 Rowan University Gloucester 17,470 3,835
4 Thomas Edison University of New Jersey Mercer 15,170 1,035
5 Kean University Union 13,730 3,090
6 William Paterson University Passaic 10,459 1,963
7 Stockton University Atlantic 9,772 1,204
8 New Jersey Institute of Technology Essex 9,620 3,538
9 Fairleigh Dickinson University Bergen, Morris 9,139 3,852
10 New Jersey City University Hudson 7,528 2,355

Source: Office of the Secretary of Higher Education, Fall 2018

For a full list visit the Office of the Secretary of Higher Education website.

County Colleges

wdt_ID Institute County Undergrad
1 Bergen Community College Bergen 19,671
2 Brookdale Community College Monmouth 18,316
3 Camden County College Camden 17,037
4 Middlesex County College Middlesex 16,876
5 Rowan College at Burlington County Burlington 15,412
6 Ocean County College Ocean 14,075
7 Union County College Union 13,323
8 Hudson County Community College Hudson 12,008
9 Essex County College Essex 11,840
10 County College of Morris Morris 11,319

Source: Office of the Secretary of Higher Education, Fall 2018

For a full list visit the Office of the Secretary of Higher Education website.

PUBLIC AIRPORTS

DAILY NON-STOP FLIGHTS FROM NEW JERSEY

100+ North America
35+ Europe
35 South America & Caribbean
14 Middle East & Africa
10 Asia

NEWARK INTERNATIONAL AIRPORT

  • 12th busiest airport in the United States
  • 46 million passengers and more than 847,000 tons of cargo handled in 2019
  • 30+ airlines

PHILADELPHIA INTERNATIONAL AIRPORT

  • 20th busiest airport in the United States
  • 32 million passengers and more than 607,000 tons of cargo handled in 2019
  • 29+ airlines

JFK INTERNATIONAL AIRPORT

  • 6th busiest airport in the United States
  • 62 million passengers and more than 1,000,000 tons of cargo handled in 2019
  • 70+ airlines

LAGUARDIA AIRPORT

  • 21st busiest airport in the United States
  • 30 million passengers and more than 372,000 tons of cargo handled in 2019
  • 20+ airlines

ATLANTIC CITY INTERNATIONAL AIRPORT

TRENTON-MERCER AIRPORT

Key Roads

Garden State Parkway
New Jersey Turnpike
Interstate 76
Interstate 95
Interstate 195
Interstate 278
Interstate 280
Interstate 295
Interstate 676
Atlantic City Expressway
Palisades Interstate Parkway

Rail & Bus

0
BUS ROUTES

Source: NJ Transit, 2022

0
COMMUTER RAIL LINES

Source: NJ Transit, 2022

0
CLASS I FREIGHT RAILROADS

Source: Bureau of Transportation Statistics

Ports

# 0
LARGEST CARGO PORT ON THE EAST COAST

Port of New York & New Jersey

Source: Port Authority of NY & NJ

# 0
BUSIEST PORT FOR IMPORTS IN THE U.S.

Source: Logistics Management, 2021

0 M+
TOTAL TEUS

Source: Port Authority of NY & NJ, 2020

$ 0 B
WORTH OF CARGO MOVES THROUGH THE PORT

Source: Port Authority of NY & NJ, 2019

Utilities

New Jersey Natural Gas
PSE&G
South Jersey Gas
Elizabethtown Gas

New Jersey American Water Co.
SUEZ Water
Aqua New Jersey

PSE&G
Atlantic City Electric
Jersey Central Power & Light
Orange Rockland Electric

Verizon
Sprint
AT&T
Comcast
Lightower Fiber

Broadband

# 0
STATE FOR BROADBAND ACCESS

Source: Broadbandnow.com, 2021

0 %
OF POPULATION HAS ACCESS TO WIRED BROADBAND 100MBPS OR FASTER

Source: Broadbandnow.com, 2021

0 %
OF POPULATION HAS ACCESS TO FIBER-OPTIC SERVICE

Source: Broadbandnow.com, 2021

0
MILES OF MUNICIPAL FIBER IN NEWARK, DELIVERING 10 GB PER SECOND

Source: City of Newark

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

LARGEST MUNICIPALITIES

Grey New Jersey Map
wdt_ID Municipality Population

Source: U.S. Census, July 2019

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
Research Manager
Bill Noonan
Business Development Director