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Hudson County, NJ Economic Dashboard
Introduction
This data dashboard contains key economic, labor market, demographics and housing data in the Hudson County, New Jersey. You can scroll through from top to bottom, or click on a link below to jump to an individual topic. Each dataset contains a timestamp indicating the last update period. Click column headers to sort data.
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Workforce
Industries and Economic Impact
Talent Pipeline
Job Postings and Skills Trends
Demographics
Housing and Commuting Patterns
Workforce
Occupation Concentration
Hudson County, NJ
| Occupation | 2023 Jobs | 2023 Median Salary | 2023 Average Hourly Wage | 2023 LQ (Occupation Concentration) | 2018-2023 % Change in Jobs | 10 Year Growth Forecast |
|---|---|---|---|---|---|---|
| Office and Administrative Support | 55,034 | $48,568 | $25.59 | 1.29 | 4.94% | 6,004 |
| Transportation and Material Moving | 54,249 | $41,076 | $25.96 | 1.67 | 4.31% | 7,142 |
| Sales and Related | 48,886 | $53,014 | $42.71 | 1.04 | 3.76% | 6,422 |
| Business and Financial Operations | 36,101 | $101,537 | $65.13 | 1.15 | 27.48% | 6,092 |
| Management | 34,797 | $132,878 | $75.5 | 0.97 | 39.18% | 6,115 |
| Educational Instruction and Library | 20,405 | $64,754 | $35.94 | 1.08 | -2.22% | 1,661 |
| Food Preparation and Serving Related | 20,134 | $34,036 | $19.46 | 0.79 | 3.45% | 3,145 |
| Personal Care and Service | 14,689 | $32,432 | $20.33 | 1.1 | 0.18% | 2,143 |
| Computer and Mathematical | 13,806 | $118,227 | $60.91 | 1.26 | 8.93% | 2,382 |
| Healthcare Practitioners and Technical | 13,616 | $86,618 | $53.55 | 0.7 | -0.34% | 1,399 |
| Arts, Design, Entertainment, Sports, and Media | 13,321 | $52,962 | $38.32 | 1.08 | -0.18% | 1,460 |
| Healthcare Support | 12,983 | $31,642 | $17.14 | 0.83 | 24.64% | 3,983 |
| Building and Grounds Cleaning and Maintenance | 10,674 | $36,017 | $22.23 | 0.77 | 6.45% | 972 |
| Production | 10,327 | $40,508 | $23.77 | 0.56 | -1.93% | 1,183 |
| Installation, Maintenance, and Repair | 9,610 | $58,133 | $31.4 | 0.68 | 9.08% | 1,013 |
| Protective Service | 8,957 | $52,363 | $33.12 | 1.28 | 6.39% | 645 |
| Construction and Extraction | 8,689 | $57,748 | $33.42 | 0.5 | -1.31% | 518 |
| Community and Social Service | 4,703 | $59,812 | $33.53 | 0.78 | 4.36% | 621 |
| Life, Physical, and Social Science | 2,514 | $85,030 | $53.9 | 0.7 | 14.57% | 314 |
| Architecture and Engineering | 2,448 | $94,694 | $51.52 | 0.45 | 11.68% | 350 |
| Legal | 2,259 | $105,866 | $68.7 | 0.71 | 3.53% | 262 |
| Military-only | 749 | $51,676 | $26.89 | 0.42 | 5.05% | 50 |
| Farming, Fishing, and Forestry | 468 | $36,614 | $22.39 | 0.17 | 59.66% | 121 |
* Location quotient (LQ) is a way of quantifying how concentrated a characteristic of a particular region is compared to the national average of 1.
Annual Wage Ranges by Occupation (25th-75th Percentile)
Hudson County, NJ
Management
$68,257
$205,259
Legal
$66,715
$186,218
Computer and Mathematical
$84,307
$158,838
Business and Financial Operations
$71,881
$148,337
Architecture and Engineering
$69,237
$132,305
Life, Physical, and Social Science
$59,543
$126,736
Healthcare Practitioners and Technical
$63,135
$113,408
Sales and Related
$33,734
$100,897
Educational Instruction and Library
$41,248
$98,087
Protective Service
$31,801
$97,021
Arts, Design, Entertainment, Sports, and Media
$24,491
$94,753
Construction and Extraction
$38,641
$87,312
Community and Social Service
$43,884
$83,780
Installation, Maintenance, and Repair
$41,860
$78,907
Military-only
$30,690
$68,706
Office and Administrative Support
$37,563
$63,426
Transportation and Material Moving
$32,356
$59,188
Production
$31,694
$57,094
Farming, Fishing, and Forestry
$28,381
$50,986
Building and Grounds Cleaning and Maintenance
$28,825
$48,878
Personal Care and Service
$24,923
$45,957
Food Preparation and Serving Related
$30,254
$43,306
Healthcare Support
$27,452
$36,509
Unemployment and Labor Force Participation Rates
Hudson County, NJ
Unemployment Rate
Labor Force Participation Rate
2018
3.7%
68.1%
2019
3.2%
69.1%
2020
10.2%
64%
2021
7%
65.1%
2022
3.6%
65.8%
October 2023
4.6%
65.5%
November 2023
4.4%
65.6%
December 2023
4.5%
65.7%
January 2024
5%
64.3%
Industries and Economic Impact
Industry Characteristics
Hudson County, NJ
| Industry | 2023 Jobs | 2022 Average Earnings Per Worker | 2023 LQ (Industry Concentration) | 2018-2023 % Change in Jobs | 2022 Earnings Total |
|---|---|---|---|---|---|
| Finance and Insurance | 50,867 | $199,786 | 2.04 | 10.78% | $10,032,488,415 |
| Transportation and Warehousing | 49,856 | $53,599 | 2.26 | 22.9% | $2,579,711,288 |
| Government | 40,517 | $98,197 | 0.9 | -1.62% | $3,957,163,335 |
| Health Care and Social Assistance | 37,691 | $59,308 | 0.85 | 7.32% | $2,177,780,887 |
| Retail Trade | 31,373 | $47,515 | 0.87 | -2.1% | $1,483,946,858 |
| Real Estate and Rental and Leasing | 26,693 | $54,494 | 1.17 | 29.56% | $1,384,474,263 |
| Professional, Scientific, and Technical Services | 24,947 | $121,622 | 0.83 | 3.33% | $2,984,618,737 |
| Accommodation and Food Services | 23,833 | $34,975 | 0.86 | 7.97% | $808,228,365 |
| Administrative and Support and Waste Management and Remediation Services | 22,557 | $57,674 | 0.94 | 1.37% | $1,306,120,486 |
| Other Services (except Public Administration) | 19,833 | $39,529 | 0.9 | 6.77% | $765,765,955 |
| Wholesale Trade | 14,703 | $109,244 | 1.16 | 1.48% | $1,594,448,114 |
| Manufacturing | 11,949 | $93,880 | 0.47 | 14.37% | $1,089,503,723 |
| Information | 9,994 | $136,024 | 1.37 | 10.85% | $1,331,181,839 |
| Arts, Entertainment, and Recreation | 9,676 | $44,904 | 1.15 | 9.65% | $420,357,726 |
| Construction | 9,513 | $76,435 | 0.43 | -0.77% | $726,891,695 |
| Educational Services | 8,001 | $55,354 | 0.87 | -0.98% | $433,179,219 |
| Management of Companies and Enterprises | 5,306 | $197,691 | 0.95 | 50.85% | $1,017,867,290 |
| Utilities | 1,093 | $159,357 | 0.96 | -0.77% | $171,836,913 |
| Agriculture, Forestry, Fishing and Hunting | 380 | $66,382 | 0.06 | 214.92% | $25,008,380 |
| Mining, Quarrying, and Oil and Gas Extraction | 15 | $51,032 | 0.01 | -83.62% | $904,633 |
* Location quotient (LQ) is a way of quantifying how concentrated a characteristic of a particular region is compared to the national average of 1.
Top 20 Companies by Job Postings
Hudson County, NJ
| Company | Latest 30 Days Unique Postings | Latest 30 Days Unique Postings % Change | Latest 30 Days # Postings Change |
|---|---|---|---|
| JPMorgan Chase | 487 | 8.6% | 42 |
| RWJBarnabas Health | 249 | -6.8% | -17 |
| Walmart | 214 | 8.4% | 18 |
| CarePoint Health | 153 | -3.3% | -5 |
| Stevens Institute of Technology | 134 | -14.9% | -20 |
| Deloitte | 131 | -0.8% | -1 |
| Hackensack Meridian Health | 97 | -4.1% | -4 |
| Royal Bank of Canada | 96 | 15.6% | 15 |
| Sumitomo Mitsui Financial Group | 74 | 24.3% | 18 |
| Ernst & Young | 70 | 32.9% | 23 |
| Chubb | 53 | 0% | 0 |
| Betmgm | 47 | 34% | 16 |
| UBS | 47 | 17% | 8 |
| CVS Health | 45 | -4.4% | -2 |
| Catholic Charities USA | 45 | -13.3% | -6 |
| Allied Universal | 43 | -9.3% | -4 |
| Citigroup | 43 | -102.3% | -44 |
| BAYADA Home Health Care | 42 | 26.2% | 11 |
| Evergreen Technologies | 42 | -14.3% | -6 |
| Hudson County Community College | 42 | 11.9% | 5 |
Talent Pipeline
Degrees by Institution
Hudson County, NJ
| Institution | 2022 Completions | 2009-2022 Trend |
|---|---|---|
| Stevens Institute of Technology | 2,561 | 1.4K 2.6K |
| New Jersey City University | 1,697 | 1.4K 1.7K |
| Hudson County Community College | 1,280 | 0.4K 1.3K |
| Saint Peter's University | 867 | 0.7K 0.9K |
| Total Image Beauty Academy | 586 | 0K 0.6K |
| Robert Fiance Beauty Schools-West New York | 162 | 0.2K 0.2K |
| P C Age-Jersey City | 94 | 0K 0.1K |
| Eastern International College-Jersey City | 86 | 0.2K 0.1K |
| Garden State Science and Technology Institute | 47 | 0K 0K |
| Branford Hall Career Institute-Jersey City (not current) | 0 | 0.3K 0K |
Degrees by Program
Hudson County, NJ
| Description | 2022 Completions | 2009-2022 Trend |
|---|---|---|
| Total | 7,380 | 5K 7.4K |
| Business, Management, Marketing, and Related Support Services | 1,241 | 1.1K 1.2K |
| Engineering | 1,191 | 0.5K 1.2K |
| Computer and Information Sciences and Support Services | 813 | 0.6K 0.8K |
| Culinary, Entertainment, and Personal Services | 800 | 0.2K 0.8K |
| Health Professions and Related Programs | 759 | 0.7K 0.8K |
| Education | 425 | 0.8K 0.4K |
| Homeland Security, Law Enforcement, Firefighting and Related Protective Services | 344 | 0.1K 0.3K |
| Liberal Arts and Sciences, General Studies and Humanities | 286 | 0.2K 0.3K |
| Psychology | 226 | 0.1K 0.2K |
Job Postings and Skills Trends
Job Postings 5-Year Trend
Hudson County, NJ
Job Postings by Industry
Hudson County, NJ
| Industry Sector (2-Digit) | Latest 30 Days Unique Postings | Latest 30 Days Unique Postings % Change | Latest 30 Days # Postings Change |
|---|---|---|---|
| Professional, Scientific, and Technical Services | 1,923 | -8.5% | -164 |
| Health Care and Social Assistance | 1,624 | -2% | -33 |
| Finance and Insurance | 1,441 | 0.8% | 11 |
| Administrative and Support and Waste Management and Remediation Services | 1,419 | -7.7% | -109 |
| Retail Trade | 1,153 | 0.5% | 6 |
| Accommodation and Food Services | 520 | 6% | 31 |
| Educational Services | 466 | 2.6% | 12 |
| Manufacturing | 371 | -21% | -78 |
| Wholesale Trade | 347 | 15.6% | 54 |
| Transportation and Warehousing | 337 | -4.7% | -16 |
| Information | 304 | 0% | 0 |
| Other Services (except Public Administration) | 268 | -2.6% | -7 |
| Real Estate and Rental and Leasing | 239 | -2.9% | -7 |
| Construction | 175 | 5.7% | 10 |
| Arts, Entertainment, and Recreation | 117 | -8.5% | -10 |
| Public Administration | 37 | -78.4% | -29 |
| Utilities | 16 | 12.5% | 2 |
Top Hard Skills Companies Are Looking For
Hudson County, NJ
| Skill | Frequency in Job Postings | Frequency in Candidates | Skill Gap |
|---|---|---|---|
| Project Management | 7% | 8% | 1% |
| Marketing | 7% | 9% | 2% |
| Computer Science | 6% | 1% | -5% |
| Agile Methodology | 6% | 2% | -4% |
| Finance | 6% | 4% | -2% |
| SQL (Programming Language) | 5% | 4% | -1% |
| Auditing | 5% | 3% | -2% |
| Python (Programming Language) | 5% | 3% | -2% |
| Data Analysis | 5% | 4% | -1% |
| Automation | 4% | 2% | -2% |
| Nursing | 4% | 1% | -3% |
| Java (Programming Language) | 4% | 3% | -1% |
| Merchandising | 4% | 3% | -1% |
| Financial Services | 4% | 3% | -1% |
| Software Engineering | 4% | 3% | -1% |
| Accounting | 4% | 4% | 0% |
| Workflow Management | 4% | 2% | -2% |
| Amazon Web Services | 4% | 1% | -3% |
| Scalability | 3% | 0% | -3% |
| Risk Management | 3% | 2% | -1% |
Demographics
Population Trend and Forecast
Hudson County, NJ
Population by Age Cohort
Hudson County, NJ
| Age Cohort | 2017 Population | 2022 Population | Change | % Change | 2022 % of Cohort |
|---|---|---|---|---|---|
| Under 5 years | 46,800 | 44,067 | -2,733 | -6% | 6.27% |
| 5 to 9 years | 37,929 | 38,198 | 269 | 1% | 5.43% |
| 10 to 14 years | 33,541 | 36,065 | 2,524 | 8% | 5.13% |
| 15 to 19 years | 32,574 | 34,390 | 1,816 | 6% | 4.89% |
| 20 to 24 years | 41,989 | 41,526 | -463 | -1% | 5.9% |
| 25 to 29 years | 69,728 | 67,530 | -2,198 | -3% | 9.6% |
| 30 to 34 years | 71,287 | 77,602 | 6,315 | 9% | 11.03% |
| 35 to 39 years | 59,216 | 63,679 | 4,463 | 8% | 9.05% |
| 40 to 44 years | 46,282 | 51,289 | 5,007 | 11% | 7.29% |
| 45 to 49 years | 42,350 | 42,187 | -163 | -0% | 6% |
| 50 to 54 years | 40,990 | 40,892 | -98 | -0% | 5.81% |
| 55 to 59 years | 38,461 | 39,894 | 1,433 | 4% | 5.67% |
| 60 to 64 years | 32,947 | 36,028 | 3,081 | 9% | 5.12% |
| 65 to 69 years | 25,830 | 29,551 | 3,721 | 14% | 4.2% |
| 70 to 74 years | 19,133 | 22,648 | 3,515 | 18% | 3.22% |
| 75 to 79 years | 13,718 | 16,162 | 2,444 | 18% | 2.3% |
| 80 to 84 years | 9,787 | 10,609 | 822 | 8% | 1.51% |
| 85 years and over | 10,296 | 11,049 | 753 | 7% | 1.57% |
Population By Race
Hudson County, NJ
Population by Educational Attainment
Housing and Commuting
Median Home Values in Region
Hudson County, NJ
Bergen County
Essex County
Hudson County
Union County
Somerset County
Workforce Jobs, Resident Workers, and Net Commuters
Hudson County, NJ
2022 Jobs
2022 Resident Workers
2022 Net Commuters
Data Sources
Source data in this dashboard include Lightcast and Zillow.
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