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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
| Profession | 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 | 53,316 | $50,633 | $26.69 | 1.27 | 1.33% | 5,616 |
| Transportation and Material Moving | 53,193 | $43,626 | $26.96 | 1.64 | 2.28% | 6,879 |
| Sales and Related | 49,617 | $56,332 | $45.47 | 1.06 | 5.5% | 6,358 |
| Business and Financial Operations | 36,052 | $103,664 | $66.09 | 1.14 | 28.23% | 6,284 |
| Management | 35,579 | $135,563 | $76.38 | 0.97 | 42.81% | 6,228 |
| Food Preparation and Serving Related | 21,098 | $36,464 | $20.79 | 0.81 | 9.1% | 3,313 |
| Educational Instruction and Library | 20,727 | $68,103 | $37.37 | 1.09 | -0.95% | 1,829 |
| Personal Care and Service | 15,356 | $34,512 | $21.42 | 1.13 | 5.06% | 2,219 |
| Healthcare Practitioners and Technical | 14,006 | $86,108 | $52.27 | 0.71 | 2.2% | 1,452 |
| Healthcare Support | 13,389 | $33,879 | $18.31 | 0.84 | 28.66% | 4,182 |
| Arts, Design, Entertainment, Sports, and Media | 13,373 | $52,859 | $38.2 | 1.09 | 0.11% | 1,540 |
| Computer and Mathematical | 13,370 | $122,899 | $63.2 | 1.22 | 5.96% | 2,396 |
| Production | 10,181 | $41,323 | $24.01 | 0.56 | -3.38% | 1,161 |
| Building and Grounds Cleaning and Maintenance | 10,163 | $37,053 | $22.55 | 0.74 | 0.47% | 801 |
| Installation, Maintenance, and Repair | 9,607 | $58,707 | $31.53 | 0.68 | 9.43% | 959 |
| Protective Service | 9,193 | $57,564 | $35.2 | 1.31 | 7.94% | 596 |
| Construction and Extraction | 8,996 | $60,815 | $35.03 | 0.52 | 1.09% | 522 |
| Community and Social Service | 4,711 | $62,946 | $34.93 | 0.77 | 4.2% | 612 |
| Legal | 2,543 | $114,521 | $73.76 | 0.8 | 14.8% | 270 |
| Life, Physical, and Social Science | 2,376 | $90,407 | $56.31 | 0.64 | 7.84% | 336 |
| Architecture and Engineering | 2,365 | $97,193 | $53.9 | 0.43 | 7.78% | 372 |
| Military-only | 749 | $51,701 | $26.91 | 0.42 | 5.09% | 53 |
| Farming, Fishing, and Forestry | 510 | $37,610 | $21.9 | 0.19 | 66.65% | 129 |
* 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
$68,741
$210,205
Legal
$70,259
$201,967
Computer and Mathematical
$86,200
$164,953
Business and Financial Operations
$72,965
$151,452
Architecture and Engineering
$72,590
$135,625
Life, Physical, and Social Science
$63,668
$132,214
Healthcare Practitioners and Technical
$63,118
$113,386
Sales and Related
$37,424
$107,564
Protective Service
$34,153
$107,360
Educational Instruction and Library
$45,166
$100,716
Arts, Design, Entertainment, Sports, and Media
$24,380
$94,337
Construction and Extraction
$40,596
$90,946
Community and Social Service
$47,254
$85,634
Installation, Maintenance, and Repair
$43,031
$79,508
Military-only
$30,705
$68,739
Office and Administrative Support
$39,219
$65,656
Transportation and Material Moving
$34,032
$61,509
Production
$32,639
$57,914
Farming, Fishing, and Forestry
$30,274
$49,776
Building and Grounds Cleaning and Maintenance
$30,219
$49,072
Personal Care and Service
$27,559
$47,413
Food Preparation and Serving Related
$32,567
$44,986
Healthcare Support
$29,925
$40,134
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%
63.9%
2021
7.1%
65%
2022
3.8%
65.9%
December 2023
4.5%
66.4%
January 2024
5%
64.9%
February 2024
4.9%
65.4%
March 2024
4.7%
65.9%
Industries and Economic Impact
Industry Characteristics
Hudson County, NJ
| Industry | 2023 Jobs | 2023 Average Earnings Per Worker | 2023 LQ (Industry Concentration) | 2018-2023 % Change in Jobs |
|---|---|---|---|---|
| Finance and Insurance | 50,888 | $205,140 | 2.05 | 10.82% |
| Transportation and Warehousing | 49,409 | $54,127 | 2.24 | 21.79% |
| Government | 40,784 | $100,079 | 0.9 | -0.97% |
| Health Care and Social Assistance | 38,474 | $61,090 | 0.85 | 9.55% |
| Retail Trade | 31,171 | $48,252 | 0.87 | -2.73% |
| Real Estate and Rental and Leasing | 26,548 | $55,093 | 1.16 | 28.85% |
| Professional, Scientific, and Technical Services | 24,819 | $121,879 | 0.83 | 2.8% |
| Accommodation and Food Services | 24,261 | $36,452 | 0.86 | 9.91% |
| Administrative and Support and Waste Management and Remediation Services | 22,386 | $58,339 | 0.94 | 0.6% |
| Other Services (except Public Administration) | 20,099 | $42,293 | 0.91 | 8.21% |
| Wholesale Trade | 14,576 | $105,133 | 1.15 | 0.6% |
| Manufacturing | 12,135 | $96,813 | 0.48 | 16.16% |
| Information | 10,151 | $138,738 | 1.4 | 12.59% |
| Arts, Entertainment, and Recreation | 9,946 | $48,604 | 1.16 | 12.72% |
| Construction | 9,450 | $78,479 | 0.42 | -1.43% |
| Educational Services | 8,220 | $55,715 | 0.89 | 1.73% |
| Management of Companies and Enterprises | 5,242 | $192,073 | 0.94 | 49.04% |
| Utilities | 1,098 | $170,209 | 0.95 | -0.34% |
| Agriculture, Forestry, Fishing and Hunting | 398 | $76,076 | 0.06 | 229.27% |
| Mining, Quarrying, and Oil and Gas Extraction | 11 | $67,781 | 0.01 | -87.96% |
* 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 | 627 | 3.3% |
| RWJBarnabas Health | 370 | 22.7% |
| Walmart | 248 | 15.7% |
| Stevens Institute of Technology | 223 | 31.4% |
| Hackensack Meridian Health | 186 | 7.5% |
| Sumitomo Mitsui Financial Group | 133 | 21.1% |
| Deloitte | 121 | -3.3% |
| Ernst & Young | 115 | 20.9% |
| Royal Bank of Canada | 111 | 0.9% |
| Jag Physical Therapy | 94 | 2.1% |
| Citigroup | 90 | 14.4% |
| Chubb | 84 | -25% |
| Bank of America | 82 | 39% |
| UBS | 75 | 24% |
| Hudson County Community College | 73 | 64.4% |
| Verisk Analytics | 72 | -2.8% |
| CarePoint Health | 71 | 2.8% |
| Catholic Charities USA | 69 | 44.9% |
| Amazon | 63 | 14.3% |
| Walgreens Boots Alliance | 60 | -23.3% |
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 |
|---|---|---|
| Professional, Scientific, and Technical Services | 2,127 | 1.7% |
| Finance and Insurance | 1,972 | 4.1% |
| Administrative and Support and Waste Management and Remediation Services | 1,792 | 7.8% |
| Health Care and Social Assistance | 1,661 | 3% |
| Retail Trade | 1,206 | 0.5% |
| Educational Services | 619 | 20.5% |
| Accommodation and Food Services | 451 | -14.4% |
| Manufacturing | 443 | -5% |
| Wholesale Trade | 421 | -1.2% |
| Transportation and Warehousing | 408 | -0.5% |
| Other Services (except Public Administration) | 276 | 17.4% |
| Information | 275 | 5.8% |
| Real Estate and Rental and Leasing | 208 | -10.1% |
| Construction | 129 | -5.4% |
| Arts, Entertainment, and Recreation | 93 | 5.4% |
| Public Administration | 28 | 0% |
| Utilities | 20 | 5% |
| Mining, Quarrying, and Oil and Gas Extraction | 17 | 17.6% |
| Management of Companies and Enterprises | 7 | -71.4% |
| Agriculture, Forestry, Fishing and Hunting | 2 | -150% |
Top Hard Skills Companies Are Looking For
Hudson County, NJ
| Skill | Frequency in Job Postings | Frequency in Candidates | Skill Gap |
|---|---|---|---|
| Artificial Intelligence | 10% | 1% | -9% |
| Project Management | 9% | 10% | 1% |
| Agile Methodology | 8% | 3% | -5% |
| SQL (Programming Language) | 8% | 5% | -3% |
| Finance | 8% | 6% | -2% |
| Computer Science | 7% | 1% | -6% |
| Marketing | 7% | 10% | 3% |
| Python (Programming Language) | 7% | 4% | -3% |
| Auditing | 6% | 4% | -2% |
| Data Analysis | 6% | 6% | 0% |
| Financial Services | 6% | 3% | -3% |
| Automation | 6% | 2% | -4% |
| Workflow Management | 5% | 2% | -3% |
| Java (Programming Language) | 5% | 4% | -1% |
| Accounting | 5% | 5% | 0% |
| Nursing | 5% | 1% | -4% |
| Risk Management | 5% | 3% | -2% |
| Merchandising | 4% | 3% | -1% |
| Amazon Web Services | 4% | 1% | -3% |
| Business Requirements | 4% | 1% | -3% |
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
Essex County
Workforce Jobs, Resident Workers, and Net Commuters
Hudson County, NJ
2023 Jobs
2023 Resident Workers
2023 Net Commuters
Data Sources
Source data in this dashboard include Lightcast and Zillow.
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