Official Federal Data
Hudson County, New Jersey
FIPS 34017 · New York-Newark-Jersey City, NY-NJ · Population 718,323
9 Sources
Updated June 22, 2026
$91,795 ▲
Median Income
$80,734 national
4.7% ▲
Unemployment
4% national
$65.7B ▲
GDP
48.9% ▲
Bachelor's+
35.7% national
Demographics & Population
Census Bureau American Community Survey 2020-2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$91,795 ▲
Per Capita
$56,130 ▲
Mean Household
$135,819 ▲
Poverty Rate
14.9% ▼
Median Income Comparison
Hudson County$91,795
New Jersey$103,556
National$80,734
Population Profile
Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 19.8%
18-34 · 28.6%
35-54 · 28.3%
55-64 · 10.7%
65+ · 12.6%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
88%
High School+
National: 89.6%
▼ 1.6 pts
48.9%
Bachelor's+
National: 35.7%
▲ +13.2 pts
20.3%
Graduate+
National: 14.1%
▲ +6.2 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
718,323
Population
415,261
Labor Force
Employed
389,813
Unemployment Rate BLS LAUS 2025 annual
4.7% ▲ +0.4 pts YoY
Mean Commute 9 min above national avg
35.4 min
Work From Home vs 15.1% national
20.6%
Key Takeaways
- Income premium: Households earn well above the national median, supporting strong retail and housing markets.
- Elevated poverty: At 14.9%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
- Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 13.2 pts, supports knowledge-economy and tech attraction.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Finance and Insurance employs 37,214 workers (19.5% of tracked sectors), at an average wage of $222,068.
- Economic scale: Regional GDP of $65.7B (2024).
- Wage stratification: Finance and Insurance averages $222,068 while Accommodation and Food Services averages $35,446, a 6.3x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Cluster Depth
Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Finance & Insurance Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
31,389
Cluster Employment
6.85x
Peak LQ
Concentrated Sub-Sectors
Securities, Commodity Contracts, Investments
6.85x 13,197
Apparel Manufacturing
4.57x 630
Credit Intermediation and Related Activities
4.06x 18,192
Water Transportation
3.91x 469
Couriers and Messengers
3.66x 7,178
Computing Infrastructure Providers and Data Processing
3.31x 2,803
Support Activities for Transportation
2.64x 3,775
Merchant Wholesalers, Nondurable Goods
2.21x 8,471
Leather and Allied Product Manufacturing
2.20x 91
Truck Transportation
2.09x 5,391
Attraction Opportunities
LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.05x
Transportation Equipment Manufacturing
151 employed
0.06x
Air Transportation
57 employed
0.09x
Machinery Manufacturing
166 employed
0.12x
Fabricated Metal Product Manufacturing
291 employed
0.14x
Beverage and Tobacco Product Manufacturing
80 employed
0.25x
Paper Manufacturing
155 employed
0.25x
Plastics and Rubber Products Manufacturing
304 employed
Key Takeaways
- Top specialization: Securities, Commodity Contracts, Investments concentrates at 6.85x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
- Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
- Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$539,700 ▲
Median Home Value vs 2019
$1,894 ▲
Rent/Mo
30.7% ▼
Owner-Occ
6.6% ▼
Vacancy
5.9x
Home Value to Income Ratio - Stretched
vs. ~4.1x national average
HUD Fair Market Rents
Source: HUD · Fair Market Rents FY2026
Studio
$2,407/mo
1 Bedroom
$2,458/mo
2 Bedroom
$2,763/mo
3 Bedroom
$3,367/mo
4 Bedroom
$3,955/mo
30% of monthly median household income (~$2,295/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- Stretched market: Home value to income ratio of 5.9x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
- Renter-majority market: 30.7% owner-occupied; flexible labor mobility but consider home-buying pipeline if attracting families.
- Rent affordability gap: None of the HUD Fair Market Rent bedroom tiers fall below the 30%-of-median-income affordability threshold (~$2,295/mo); workforce housing cost burden warrants attention.
Source: Census ACS housing tables + HUD Fair Market Rents.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
485,536 ▲
Working Age (18-64) vs 2019
Mean Commute 9 min above national avg
35.4 min
Work From Home vs 15.1% national
20.6%
Prime-Age Employed (25-54)
84.1%
of prime-age population
▲ vs 2019
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
48.9% ▲
HS Diploma+
88% ▲
Regional / Statewide Institutions
Total credentials awarded
32,479/yr
13,105/yr
5,800/yr
5,465/yr
3,249/yr
2,792/yr
2,068/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
15.9%
55-64 of working-age population (18-64)
Workforce by Occupation
Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
49.9%
Service
14.3%
Sales & Office
18.1%
Construction / Maint.
5.8%
Production / Transport
11.9%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 389,813 employed workers.
Key Takeaways
- Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 24,370 annual credentials.
Source: ACS workforce data and College Scorecard.
AI Insights
AI-assisted analysis, drawn from 9 federal data sources
Sample AI Insight
Hudson County shows strong potential for securities, commodity contracts, investments attraction, with a 6.85x concentration and 13,197 jobs in this sub-sector. It ranks in the top decile nationally.
The interconnected base across securities, commodity contracts, investments, apparel manufacturing, and credit intermediation and related activities creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23
Frequently Asked Questions
Key economic and demographic figures for Hudson County, New Jersey, from federal data sources.
What is the population of Hudson County, New Jersey?
718,323 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Hudson County, New Jersey?
$91,795 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Hudson County, New Jersey?
4.7% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Hudson County, New Jersey?
$65.7B (U.S. Bureau of Economic Analysis, CAGDP1).
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