Governor Murphy Signs Executive Order Establishing the New Jersey-India Commission

New Jersey Profile

0 %
Unemployment Rate

Source: Bureau of Labor Statistics, March 2023

0
Labor Force

Source: Bureau of Labor Statistics, March 2022

0
Population

Source: U.S. Census, July 2022

$ 0 B
STATE GDP
(CURRENT DOLLARS)

Source: U.S. Bureau of Economic Analysis, Q2 2022

$
PER CAPITA
PERSONAL INCOME

Source: U.S. Bureau of Economic Analysis, Q2 2022

0 %
OF U.S. GDP

Source: U.S. Bureau of Economic Analysis, Q1 2023

14 NEW JERSEY FORTUNE 500 COMPANIES

wdt_ID COMPANY FORTUNE 500 RANK CITY COUNTY REVENUE ($ Billions)
1 Johnson & Johnson 40 New Brunswick Middlesex 94.94
2 Prudential Financial 67 Newark Essex 60.05
3 Merck 69 Rahway Union 59.28
4 PBF Energy 92 Parsippany Morris 46.83
5 Cognizant Technology Solutions 208 Teaneck Bergen 19.43
6 Becton Dickinson 209 Franklin Lakes Bergen 19.41
7 ADP 251 Roseland Essex 16.50
8 Avis Budget Group 346 Parsippany Morris 11.99
9 Quest Diagnostics 391 Secaucus Bergen 9.88
10 Public Service Enterprise Group 392 Newark Essex 9.80

Source: Fortune, 2023

LARGEST EMPLOYERS IN NEW JERSEY

wdt_ID Rank Company Industry
1 1 AbbVie LIfe Sciences
2 2 Accenture Technology
3 3 ADP Professional Services
4 4 Amazon Logistics & Trans.
5 5 Arconic Manufacturing
6 6 AT&T Corp. IT & Comm
7 7 Atlantic Health System Inc. Healthcare
8 8 Avis Rent A Car System, Inc. Other
9 9 Avis Budget Group Other
10 10 Barclays Financial Services

Source: Data is pulled by Choose New Jersey staff in 2023. Government and retail locations are not included.

LARGEST EMPLOYERS IN NEW JERSEY BY INDUSTRY

wdt_ID Life Sciences
1 Bristol-Myers Squibb Company
2 BD
3 Hoffmann-La Roche Inc
4 Janssen
5 Johnson & Johnson
6 Merck
7 Novartis Pharmaceuticals Corporation
8 Sanofi US Services Inc.
9 Zoetis
10 Teva
wdt_ID Food
1 Campbell Soup Co.
2 Unilever
3 Mars Wrigley U.S.
4 B&G Foods
5 Goya
6 J&J Snacks
8 Rich Products
9 Tropical Cheese Industries Inc
10 Season Brand
11 Mark Anthony Brewing (White Claw)
wdt_ID Manufacturing
1 BASF Corp.
2 Benjamin Moore
3 BMW of North America
4 Jaguar
5 Konica Minolta
6 Kulite Semiconductor Products, Inc.
7 Lockheed Martin
8 Paulsboro Refining Company LLC
9 PBF Energy
10 The Boeing Company
wdt_ID Healthcare
1 Hackensack Meridian Health
2 Horizon Health Services
3 Inspira Medical Centers
4 Quest Diagnostics
5 RWJBarnabas Health
6 The Cooper Health System
7 Valley Health System
8 Virtua Health
wdt_ID Logistics & Transportation
1 Amazon
2 DSV US
3 NFI Industries
4 NJ Transit
5 Port Authority of New York and New Jersey
6 Prologis
7 United Airlines
8 United States Cold Storage
10 United Parcel Service, Inc
wdt_ID Information Technology/Communications
1 AT&T Corp
2 Audible
3 CGI
4 Cognizant
5 Fiserv
6 Panasonic Corporation of North America
7 Samsung Electronics America
8 Sharp USA
9 Verizon New Jersey Inc
10 Withum
wdt_ID Financial Services
1 ADP
2 Barclays US
3 Chubb
4 Goldman Sachs
5 JP Morgan Chase
6 Prudential
7 Tata Consulting Services
8 TD Bank
9 UBS Financial Service
10 Verisk Analytics

Source: ZoomInfo, 2023
*Non-governmental

EDUCATION ATTAINMENT

wdt_ID DEGREE NJ US

Source: JobsEQ Using American Community Survey 2016-2020

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 57,341 22,865
2 Montclair State University Essex 18,199 5938
3 Rowan University Gloucester 18,085 4,555
4 Kean University Union 13,546 2,783
5 Stockton University Atlantic 10,621 1,167
6 New Jersey Institute of Technology Essex 10,441 3,246
7 William Paterson University Passaic 9,927 2,384
8 Thomas Edison University of New Jersey Mercer 8,754 967
9 The College of New Jersey Mercer 7,420 1,352
10 Fairleigh Dickinson University Bergen, Morris 6,656 2,325

Source: Office of the Secretary of Higher Education 2022, U.S. News

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

County Colleges

wdt_ID Institute County Undergrad
1 Camden County College Camden 15,991
2 Bergen Community College Bergen 15,928
3 Middlesex County College Middlesex 15,190
4 Brookdale Community College Monmouth 14,796
5 Ocean County College Ocean 13,214
6 Rowan College at Burlington County Burlington 12,098
7 Union County College Union 11,353
8 Raritan Valley Community College Somerset 10,243
9 Hudson County Community College Hudson 10,000
10 County College of Morris Morris 9,527

Source: Office of the Secretary of Higher Education 2022

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

  • 14th busiest airport in the United States
  • 29 million passengers and more than 792,513 tons of cargo handled in 2021
  • 30+ airlines

PHILADELPHIA INTERNATIONAL AIRPORT

  • 21st busiest airport in the United States
  • 19 million passengers and more than 643,138 tons of cargo handled in 2021
  • 23+ airlines

JFK INTERNATIONAL AIRPORT

  • 13th busiest airport in the United States
  • 30 million passengers and more than 1,546,794 tons of cargo handled in 2021
  • 70+ airlines

LAGUARDIA AIRPORT

  • 26th busiest airport in the United States
  • 16 million passengers and more than 6,238 tons of cargo handled in 2019
  • 11+ airlines

New York Stewart International Airport

  • 135,000 passengers and more than 30,996 tons of cargo handled in 2021
  • 3+ airlines

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, 2022

$ 0 B
WORTH OF CARGO MOVES THROUGH THE PORT

Source: Port Authority of NY & NJ, 2022

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 41.40 cents per gallon

*Corporate Income Tax will decrease to 9% in 2022.

Source: Tax Foundation, 2022

LARGEST MUNICIPALITIES

Grey New Jersey Map
wdt_ID Municipality Population

Source: U.S. Census, July 2021

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