Jersey City

Community Profile

People

The total population of the City of Jersey City is 266,716. The median age is 33.47

266,716

Total Population

49.63%

Male

50.37%

Female

Age Distribution

Median Age

33

Educational Attainment

The majority of the population in Jersey City has completed at least a bachelor degree, and 47.61% has a College Degree.

< Grade 9

6.84%

Grade 9-12

7.23%

High School

23.35%

Some College

14.96%

Assoc Degree

4.27%

Bach Degree

26.1%

Grad Degree

17.24%

7

in the community

203

within 50 miles

offer Associate’s Degree or Certificate

6

in the community

188

within 50 miles

offer Bachelor’s Degree or Higher

Labor Force

Jersey City has a labor force of 148,306 people, with an unemployment rate of 3.8%.

148,306

Labor Force

3.8%

Unemployment Rate

-19.15%

Unemployment Rate Change (1 year)

Where are the top jobs by occupation?

Office and Administrative support

16.43%

17,946

Sales

12.16%

13,279

Executive, Managers, and Administrators

10.35%

11,302

Business and Financial Operations

6.58%

7,185

Education, Training/Library

6.38%

6,969

The work distribution of total employees in Jersey City is:

30%

Blue Collar

69%

White Collar

Total Establishments

9,597

Total Employees

109,209

Businesses and Jobs

Jersey City has a total of 9,597 businesses. In 2016, the leading industries in Jersey City were Health Care and Social Services, Retail, Banking, Finance and Insurance, and Education.

What are the top industries by jobs?

1

Health Care and Social Services

14,965

Jobs

1,687

Establishments

2

Retail

11,490

Jobs

1,350

Establishments

3

Banking, Finance and Insurance

10,223

Jobs

735

Establishments

4

Education

9,429

Jobs

226

Establishments

How many employees do businesses in Jersey City have?

1-4

Employees

1-4 Employees

61.8%

5-9 Employees

20.32%

10-19 Employees

10.13%

20-49 Employees

4.61%

50-99 Employees

1.38%

100+ Employees

1.77%

Incentives

Known business incentives.

$911,630,000

15.355%

of incentives within New Jersey

#2

ranked city within New Jersey

Source: www.IncentivesMonitor.com (2016)
A service from WAVTEQ

Income and Spending

Households in Jersey City earn a median yearly income of 62,677. 51.55% of the households earn more than the national average each year. Household expenditures average 64,883 per year. The majority of earnings get spent on Shelter, Transportation, Food and Beverages, Health Care, and Utilities.

$62,677

Median Household Income

Income Distribution

How do people spend most of their money?

PER HOUSEHOLD

Shelter

$13,400

Transportation

$11,767

Food and Beverages

$9,363

Health Care

$5,015

Utilities

$4,770

$64,883

Median Household Expenditure

Housing

There are 143% more households who rent their homes than there are homeowners.

Owners vs. Renters

Transportation

Residents spend an average of 34 minutes commuting to work. Jersey City is served by 24 airports within 50 miles. Rail can be accessed within the community. Interstates can be accessed within the community.

34min

Commute Travel Time

0 + 24(+50 miles)

Airports in Community

Interstate

In Community

Freight Rail

In Community

Taxes

Top State Corporate Income Tax

9%

Top State Corporate Capital Gains Tax

9%

Top State Personal Income Tax

8.97%

Top State Personal Capital Gains Tax

9%

State Sales Tax

7%

Community Served By

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The Greater Meadowlands

Joseph Garavente

Managing Editor/Marketing & Communications Manager

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