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.
Workforce
What kinds of jobs drive Hudson County’s workforce?
Occupation Information
Hudson County, NJ
Profession | 2024 Jobs | 2023 Median Salary | 2023 Average Hourly Wage | 2024 LQ (Occupation Concentration) | 2019-2024 % Change in Jobs | 10 Year Growth Forecast |
|---|---|---|---|---|---|---|
| Transportation and Material Moving | 54,484 | $43,955 | $27.45 | 1.65 | 1.12% | 5,714 |
| Office and Administrative Support | 53,094 | $50,792 | $26.8 | 1.26 | 0.78% | 3,867 |
| Sales and Related | 50,034 | $57,071 | $46.34 | 1.06 | 8.04% | 4,756 |
| Business and Financial Operations | 36,754 | $103,853 | $66.56 | 1.13 | 26.37% | 5,067 |
| Management | 36,412 | $135,635 | $76.81 | 0.97 | 37.35% | 4,986 |
| Food Preparation and Serving Related | 21,603 | $36,457 | $20.82 | 0.83 | 7.58% | 2,435 |
| Educational Instruction and Library | 21,438 | $68,309 | $37.58 | 1.1 | 1.67% | 1,165 |
| Personal Care and Service | 15,729 | $34,893 | $22.3 | 1.14 | 4.39% | 1,867 |
| Healthcare Practitioners and Technical | 14,223 | $86,118 | $52.51 | 0.71 | 4.62% | 997 |
| Healthcare Support | 13,818 | $33,928 | $18.42 | 0.85 | 26.26% | 3,244 |
| Arts, Design, Entertainment, Sports, and Media | 13,584 | $53,622 | $38.58 | 1.08 | 3% | 1,443 |
| Computer and Mathematical | 13,195 | $122,799 | $63.44 | 1.19 | 2.87% | 1,770 |
| Building and Grounds Cleaning and Maintenance | 10,226 | $37,220 | $22.66 | 0.74 | 0.96% | 435 |
| Production | 9,912 | $41,468 | $24.25 | 0.55 | -5.54% | 673 |
| Installation, Maintenance, and Repair | 9,780 | $58,713 | $31.68 | 0.68 | 9.95% | 648 |
| Protective Service | 9,254 | $57,478 | $35.21 | 1.3 | 3.31% | 262 |
| Construction and Extraction | 8,987 | $61,634 | $35.65 | 0.51 | 0.07% | 381 |
| Community and Social Service | 4,849 | $62,950 | $35.14 | 0.77 | 2.32% | 414 |
| Legal | 2,562 | $115,708 | $74.55 | 0.8 | 16.24% | 177 |
| Life, Physical, and Social Science | 2,414 | $90,612 | $57.13 | 0.64 | 5.77% | 263 |
| Architecture and Engineering | 2,383 | $97,497 | $54.5 | 0.43 | 4.49% | 301 |
| Military-only | 723 | $52,236 | $27.64 | 0.42 | -3.21% | 16 |
| Farming, Fishing, and Forestry | 497 | $38,321 | $22.49 | 0.19 | 30.26% | 97 |
* 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
$70,281
$210,102
Legal
$70,734
$203,224
Computer and Mathematical
$86,193
$164,794
Business and Financial Operations
$73,194
$151,952
Architecture and Engineering
$72,870
$136,105
Life, Physical, and Social Science
$63,703
$133,294
Healthcare Practitioners and Technical
$63,181
$113,332
Sales and Related
$37,721
$109,100
Protective Service
$34,194
$107,239
Educational Instruction and Library
$45,401
$101,098
Arts, Design, Entertainment, Sports, and Media
$25,755
$95,156
Construction and Extraction
$41,710
$91,621
Community and Social Service
$47,262
$85,799
Installation, Maintenance, and Repair
$43,032
$79,561
Military-only
$31,716
$73,926
Office and Administrative Support
$39,490
$65,765
Transportation and Material Moving
$34,334
$62,214
Production
$32,633
$58,238
Farming, Fishing, and Forestry
$30,429
$50,473
Building and Grounds Cleaning and Maintenance
$30,361
$49,331
Personal Care and Service
$29,391
$49,129
Food Preparation and Serving Related
$32,552
$45,015
Healthcare Support
$29,939
$40,211
Unemployment and Labor Force Participation Rates
Hudson County, NJ
Unemployment Rate
Labor Force Participation Rate
2019
3.2%
69.1%
2020
10.2%
64%
2021
7.1%
65%
2022
3.8%
66%
2023
4.4%
66.8%
January-June 2024
4.7%
65.9%
July 2024
5.4%
66.6%
August 2024
5.4%
66.3%
September 2024
4.3%
65.1%
October 2024
4.3%
66%
Industries and Economic Impact
Explore the industries shaping Hudson County?
Industry Characteristics
Hudson County, NJ
Industry | 2024 Jobs | 2024 Average Earnings Per Worker | 2024 LQ (Industry Concentration) | 2019-2024 % Change in Jobs |
|---|---|---|---|---|
| Finance and Insurance | 51,596 | $205,631 | 2.02 | 15.95% |
| Transportation and Warehousing | 50,893 | $53,532 | 2.25 | 18.86% |
| Government | 41,100 | $101,741 | 0.89 | -0.13% |
| Health Care and Social Assistance | 39,369 | $61,325 | 0.85 | 8.35% |
| Retail Trade | 31,163 | $48,598 | 0.87 | -4.28% |
| Real Estate and Rental and Leasing | 27,596 | $54,847 | 1.17 | 35.25% |
| Professional, Scientific, and Technical Services | 24,737 | $122,127 | 0.82 | -1.17% |
| Accommodation and Food Services | 24,709 | $36,847 | 0.87 | 7.94% |
| Administrative and Support and Waste Management and Remediation Services | 22,092 | $57,346 | 0.93 | -3.75% |
| Other Services (except Public Administration) | 20,628 | $44,310 | 0.91 | 9.98% |
| Wholesale Trade | 14,887 | $106,533 | 1.16 | 0.51% |
| Manufacturing | 11,596 | $104,354 | 0.46 | 11.51% |
| Arts, Entertainment, and Recreation | 10,160 | $52,105 | 1.17 | 13.11% |
| Information | 9,697 | $142,655 | 1.35 | 8.27% |
| Construction | 9,545 | $79,547 | 0.42 | -1.74% |
| Educational Services | 9,230 | $53,276 | 0.95 | 4.61% |
| Management of Companies and Enterprises | 5,066 | $190,825 | 0.9 | 28.91% |
| Utilities | 1,115 | $180,010 | 0.95 | 2.73% |
| Agriculture, Forestry, Fishing and Hunting | 429 | $78,658 | 0.06 | 97.47% |
| Mining, Quarrying, and Oil and Gas Extraction | 11 | $68,121 | 0.01 | -82.78% |
* 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 |
|---|---|---|
| JPMorgan Chase | 524 | 1.1% |
| Walmart | 286 | -1.7% |
| RWJBarnabas Health | 240 | -1.7% |
| Ernst & Young | 157 | -24.2% |
| Royal Bank of Canada | 148 | 37.2% |
| CarePoint Health | 128 | 32% |
| NavitsPartners | 124 | 65.3% |
| Quest Diagnostics | 119 | 20.2% |
| Deloitte | 108 | -21.3% |
| Hackensack Meridian Health | 105 | -6.7% |
| Sumitomo Mitsui Financial Group | 97 | -3.1% |
| Catholic Charities USA | 90 | 4.4% |
| Citigroup | 81 | -12.3% |
| Smbc | 77 | 3.9% |
| Amazon | 76 | -46.1% |
| Depository Trust Clearing Corporation | 68 | 22.1% |
| ALDI | 64 | |
| Verisk Analytics | 60 | -51.7% |
| Stevens Institute of Technology | 59 | -3.4% |
| Chubb | 57 | 0% |
Talent Pipeline
What fields of study are shaping Hudson County’s future workforce?
Degrees by Institution
Hudson County, NJ
Institution | 2023 Completions | 2010-2023 Trend |
|---|---|---|
| Stevens Institute of Technology | 3,680 | 1.5K 3.7K |
| New Jersey City University | 1,426 | 1.5K 1.4K |
| Hudson County Community College | 1,318 | 0.5K 1.3K |
| Saint Peter's University | 972 | 0.7K 1K |
| Total Image Beauty Academy | 351 | 0K 0.4K |
| Robert Fiance Beauty Schools-West New York | 246 | 0.2K 0.2K |
| Eastern International College-Jersey City | 132 | 0.2K 0.1K |
| P C Age-Jersey City | 76 | 0.1K 0.1K |
| Garden State Science and Technology Institute | 71 | 0K 0.1K |
| Branford Hall Career Institute-Jersey City (not current) | 0 | 0.1K 0K |
Degrees by Program
Hudson County, NJ
Description | 2023 Completions | 2010-2023 Trend |
|---|---|---|
| Total | 8,272 | 5.1K 8.3K |
| Computer and Information Sciences and Support Services | 1,534 | 0.4K 1.5K |
| Business, Management, Marketing, and Related Support Services | 1,376 | 1.1K 1.4K |
| Engineering | 1,323 | 0.6K 1.3K |
| Health Professions and Related Programs | 772 | 0.9K 0.8K |
| Culinary, Entertainment, and Personal Services | 651 | 0.2K 0.7K |
| Education | 388 | 0.8K 0.4K |
| Homeland Security, Law Enforcement, Firefighting and Related Protective Services | 258 | 0.1K 0.3K |
| Liberal Arts and Sciences, General Studies and Humanities | 252 | 0.3K 0.3K |
| Mathematics and Statistics | 235 | 0K 0.2K |
Top In-Demand Degrees
Degree | Latest 160 Days Unique Postings | Latest 160 Days Unique Postings % Change |
|---|---|---|
| Business Administration and Management, General | 3,153 | 12.9% |
| Computer Science | 2,974 | 8% |
| Engineering, General | 2,034 | 10.7% |
| Business/Commerce, General | 1,385 | 13.1% |
| Finance, General | 1,334 | 13.4% |
| English Language and Literature, General | 1,063 | 20.6% |
| Accounting | 1,053 | 13.4% |
| Nursing Science | 890 | 7.8% |
| Statistics, General | 714 | 9.8% |
| Marketing/Marketing Management, General | 643 | 12% |
| Economics, General | 632 | 11.7% |
| Information Technology | 623 | 23.1% |
| Mathematics, General | 488 | 7.8% |
| Social Work | 428 | -7% |
| Management Information Systems, General | 424 | 10.1% |
| Computer Engineering, General | 390 | 4.9% |
| Law | 374 | 29.1% |
| Teacher Education, Multiple Levels | 356 | 5.3% |
| Speech Communication and Rhetoric | 320 | -7.5% |
| Health Services/Allied Health/Health Sciences, General | 291 | 5.5% |
Job Postings and Skills Trends
Which sectors are growing, and what expertise is in demand?
Job Postings 5-Year Trend
Hudson County, NJ
Job Postings by Industry
Hudson County, NJ
Industry Sector (2-Digit) | Latest 160 Days Unique Postings | Latest 160 Days Unique Postings % Change |
|---|---|---|
| Professional, Scientific, and Technical Services | 6,464 | 8% |
| Administrative and Support and Waste Management and Remediation Services | 5,557 | 19.7% |
| Finance and Insurance | 4,843 | 6.2% |
| Health Care and Social Assistance | 4,228 | 5.4% |
| Retail Trade | 3,336 | 11.8% |
| Educational Services | 1,166 | 0.9% |
| Manufacturing | 1,163 | 5.5% |
| Transportation and Warehousing | 1,146 | 18.8% |
| Accommodation and Food Services | 1,134 | -6.3% |
| Wholesale Trade | 967 | -8.6% |
| Information | 778 | 14% |
| Other Services (except Public Administration) | 715 | 14.1% |
| Real Estate and Rental and Leasing | 629 | 10.2% |
| Construction | 484 | 17.1% |
| Arts, Entertainment, and Recreation | 290 | 21% |
| Public Administration | 95 | 17.9% |
| Utilities | 48 | 4.2% |
| Mining, Quarrying, and Oil and Gas Extraction | 42 | 45.2% |
| Management of Companies and Enterprises | 35 | 0% |
| Agriculture, Forestry, Fishing and Hunting | 20 | 5% |
Top Hard Skills Companies Are Looking For
Hudson County, NJ
Skill | Frequency in Job Postings | Frequency in Candidates | Skill Gap |
|---|---|---|---|
| Project Management | 10% | 9% | -1% |
| Agile Methodology | 9% | 3% | -6% |
| SQL (Programming Language) | 8% | 5% | -3% |
| Marketing | 8% | 10% | 2% |
| Python (Programming Language) | 7% | 4% | -3% |
| Computer Science | 7% | 1% | -6% |
| Data Analysis | 7% | 6% | -1% |
| Finance | 7% | 6% | -1% |
| Financial Services | 7% | 3% | -4% |
| Auditing | 7% | 4% | -3% |
| Workflow Management | 7% | 2% | -5% |
| Automation | 6% | 2% | -4% |
| Amazon Web Services | 6% | 1% | -5% |
| Risk Management | 6% | 3% | -3% |
| Java (Programming Language) | 5% | 4% | -1% |
| Scalability | 5% | 1% | -4% |
| Software Engineering | 5% | 3% | -2% |
| Accounting | 5% | 5% | 0% |
| Application Programming Interface (API) | 4% | 1% | -3% |
| CI/CD | 4% | 0% | -4% |
Demographics
How are home prices, jobs, and commuting shaping life in Hudson County? Explore housing trends, workforce shifts, and where people live and work.
Population Trend and Forecast
Hudson County, NJ
Population by Age Cohort
Hudson County, NJ
Age Cohort | 2018 Population | 2023 Population | Change | % Change | 2023 % of Cohort |
|---|---|---|---|---|---|
| Under 5 years | 46,588 | 42,166 | -4,422 | -9% | 5.98% |
| 5 to 9 years | 37,844 | 37,921 | 77 | 0% | 5.38% |
| 10 to 14 years | 33,818 | 35,490 | 1,672 | 5% | 5.03% |
| 15 to 19 years | 32,077 | 34,945 | 2,868 | 9% | 4.95% |
| 20 to 24 years | 40,465 | 40,046 | -419 | -1% | 5.68% |
| 25 to 29 years | 69,692 | 68,850 | -842 | -1% | 9.76% |
| 30 to 34 years | 71,586 | 78,740 | 7,154 | 10% | 11.16% |
| 35 to 39 years | 59,929 | 64,234 | 4,305 | 7% | 9.11% |
| 40 to 44 years | 46,274 | 51,745 | 5,471 | 12% | 7.33% |
| 45 to 49 years | 41,796 | 42,427 | 631 | 2% | 6.01% |
| 50 to 54 years | 40,205 | 40,336 | 131 | 0% | 5.72% |
| 55 to 59 years | 38,471 | 39,366 | 895 | 2% | 5.58% |
| 60 to 64 years | 33,177 | 36,711 | 3,534 | 11% | 5.2% |
| 65 to 69 years | 26,087 | 30,528 | 4,441 | 17% | 4.33% |
| 70 to 74 years | 19,757 | 23,317 | 3,560 | 18% | 3.31% |
| 75 to 79 years | 14,138 | 16,950 | 2,812 | 20% | 2.4% |
| 80 to 84 years | 9,933 | 10,984 | 1,051 | 11% | 1.56% |
| 85 years and over | 10,553 | 10,716 | 163 | 2% | 1.52% |
Population By Race
Hudson County, NJ
Population by Educational Attainment
Housing and Commuting
What are home values in Hudson County?
Median Home Values in Region
Hudson County, NJ
Bergen County
Essex County
Hudson County
Union County
Somerset County
Top Counties Commutting to Hudson County, NJ
Top Counties Hudson County, NJ Residents are Commuting to
Net Commuters
Shows the difference between inbound and outbound workers to/from Hudson County. Negative number means more residents are commuting out than in.
Bergen County, NJ
Essex County, NJ
Union County, NJ
Middlesex County, NJ
Kings County, NY
Data Sources
Source data in this dashboard include Lightcast and Zillow.