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CITY OF CAMDEN, NEW JERSEY
OVERVIEW                                    LABOR FORCE & EMPLOYMENT
                                            CURRENT CIVILIAN LABOR FORCE                              UNEMPLOYMENT RATE


                                            27,800                                                   19%                9.8% NJ
                                                                                                                        8.3% US

                                            TOTAL EMPLOYED                                            PER CAPITA PERSONAL INCOME


                                            22,600                                                    $11,967                                   $50K NJ
                                                                                                                                                $39K US

                                                                                        MAJOR PRIVATE SECTOR EMPLOYERS
                                             Company                                             Industry                                           2011 Employment
                                             Cooper Health                                       Gen Med/Surgical Hospital                                     4,740
                                             L3 Communications Corp                              Radio/TV Comm. Equipment                                        800
City of Camden is the county seat of         Mafco Corp                                          Candy/Spices                                                    730
Camden County and is the largest city in     Delaware Port Authority                             Inspection & Fixed Facilities                                   623
the county and 12th largest in the State.    Consolidated Rail Corp                              Railroads Freight Agency                                        335
                                             Rutgers Univ – Camden                               University                                                      320
Camden’s Motto is “In a Dream, I Saw a
City Invincible” and is home to the
Campbell Soup Co., founded in 1869.
                                                                                       LARGEST EMPLOYMENT SECTORS (TOP 5)
                                               Rank          Sector                                                               Camden            NJ                 U.S.
CURRENT POPULATION
                                                  1          Trade, Transportation, & Utilities                                     20%            21%                 19%

78,788
                                                  2          Education & Healthcare Services                                        19%            23%                 14%
                                                  3          Professional & Business Services                                       15%            15%                 13%
                                                  4          Leisure & Hospitality                                                   8%            9%                  10%
                                                  5          Manufacturing                                                           7%            7%                  10%
HISTORY
1828 : Incorporated from portions of                                                              LARGEST OCCUPATIONS
Newton Township
                                               Rank          Occupation                                                                                         Camden
1830: Camden / Amboy Railroad                     1          Service                                                                                               30%
chartered in Camden                               2          Sales & Office                                                                                        24%
1844: Became part of Camden County                3          Management, Professional & Related                                                                    18%
1900: Economic decline & residents                4          Construction, Extraction, Maintenance & Repair                                                        16%
                                                  5          Production, Transportation, and Material Moving                                                       11%
moved out to other locations
2005: State of NJ took over operations
for school system & police department
                                            EDUCATION ATTAINMENT
Today: Revitalization along Camden
Waterfront & neighborhoods with
                                                       5% 2%                                                  34% % of HS Grads
                                                                                                                  continue to 4
                                                                                                                                                   24% % of HS Grads
                                                                                                                                                       continue to 2
direct access to Philadelphia                                                           Less than H.S.
                                                                                                                           Yr College                        Yr College
                                              19%                                       H.S. Diploma
                                                                     41%                                                     INSTITUTE OF HIGHER EDUCATION
TAX INFORMATION 2011                                                                   Some College
   Corporate Income Tax = 9%                                                                                   Institute (2-4 Yr)                   TOTAL ENROLLMENT
                                                                                       4 Yrs of College
   Personal Income = 8.97% (max)                                                                               Camden County CC                                 15,670
                                                       34%                             > 4 Yrs of College       Rowan Univ                                       11,006
   Sales Tax = 7%
   Property Tax = $2,372 per capita                                                                            Richard Stockton                                  7,559
   Median Property Taxes Paid in                                                                               Rutgers Univ                                      5,781
    county = $5,144

ARTS, CULTURE & ENTERTAINMENT               ETHNICITY/DIVERSITY                                                  AGE                                          MEDIAN AGE
   Adventure Aquarium
   Campbell's Field Baseball Park                           50%
                                                                                                                                                                          28
   Camden Children's Garden                                                                                       45%
                                                                           42%
   Susquehanna Center
   Battleship Naval Mus. & Vet Memorial                                                            28%                               29%
   Camden Waterfront
                                                                                                                                                   19%

                                                                                                                       Under 25




    Walt Whitman House                                                                   3%
                                              15%
                                                                           Hispanic/




   South Jersey Performing Arts Center                                                                                                                         8%
                                                                                                     Other




                                                                                                                                                     45-64
                                                                                         Asian




                                                                                                                                        25-44
                                               White




                                                                           Latino





                                                             Black




    Rutgers Camden Center for The Arts
                                                                                                                                                                 65+




   Millennium Skate World


                                                                                                                www.choosenj.com/cityofcamden.pdf
CITY OF CAMDEN   TRANSPORTATION/MOBILTY                                                          COST OF DOING BUSINESS

                  AVG COMMUTE TIME (MINS)                CARPOOL                                                              2011 WAGES

                 24          30 NJ
                             25 US                       21%                                      Occupation

                                                                                                  Bus. & Fin. Operations
                                                                                                                                               Camden
                                                                                                                                                County
                                                                                                                                               $66,270
                                                                                                                                                                     NJ

                                                                                                                                                               $72,740
                  USE PUBLIC TRANSIT                      USE OTHER MEANS
                                                                                                  Construction/Extraction                      $52,850         $53,760

                 19%                                     10%                                      Food Prep & Serving Related
                                                                                                  Healthcare Practitioners
                                                                                                                                               $22,030
                                                                                                                                               $76,620
                                                                                                                                                               $23,300
                                                                                                                                                               $80,590
                                                                                                  Install, Maint, & Repair                     $46,470         $46,930
                  AVAILABLE TRANSPORTATION SYSTEMS
                     Amtrak                                                                      Management                                  $113,550        $124,790
                     Walter Rand Transportation Center                                           Office & Admin Support                       $34,020         $35,660
                     PATCO high-speed line                                                       Production                                   $32,200         $34,690
                     NJ Riverline to Trenton                                                     Sales & Related                              $40,170         $42,850
                                                                                                  Trnsp & Moving Materials                     $32,860         $33,080
                 KEY ROADS
                 Accessible thoroughfares includes I-676, US-130, US-70, US-38, US-                                         SPACE AVAILABILITY
                 30, I-76, and I-295, New Jersey Turnpike, the Pennsylvania Turnpike
                 and the Atlantic City Expressway                                                 Type                   Sq Ft/Acre                      Occupancy Costs
                                                                                                  Land                   7.8 acres                            $3.50 / sf
                                                                                                  Industrial             497,000 sq ft                        $3.63 / sf
                 MILEAGE TO NEAREST AIRPORT              ABOUT PHILADELPHIA INT’L AIRPORT
                                                                                                  Office                 426,000 sq ft                       $19.62 / sf
                                                          31.8 Million passengers (2008)
                 8     To Philadelphia
                       Int’l Airport                      Ranked 11th in world for Aircraft
                                                           movements
                                                                                                                              UTILITY COSTS
                                                                                                  Type of Utility     Utility Provider                             Cost

                 43        To Atlantic City
                           Airport
                                                         ABOUT ATLANTIC CITY INT’L AIRPORT
                                                          Joint civil-military public airport
                                                          5,300-acre site
                                                                                                  Gas
                                                                                                  Electric
                                                                                                  Telecom
                                                                                                                      $2.63
                                                                                                                      14.8 cents / Deregulated
                                                                                                                      Varies by location
                                                                                                                                                             2nd lowest
                                                                                                                                                             7th highest
                                                                                                                                                                     NA
                                                          1.4+ million passengers annually       Waste/Sewer         Varies by location                             NA

                 MILEAGE TO NEAREST PORT                 ABOUT PORT OF CAMDEN                                           FINANCING / INCENTIVES
                                                          4 Terminals
                 1    To Camden Port
                                                          35 Tenants
                                                          Specializes in handling break-
                                                                                                  ECONOMIC REDEVELOPMENT    & GROWTH GRANT (ERGG): Tax-increment
                                                                                                  financing available to close financing and competitive cost gaps
                                                                                                  between New Jersey and alternative locations
                                                           bulk and container cargo
                                                          Nation’s leader in handling            BUSINESS EMPLOYMENT INCENTIVE PROGRAM (BEIP):        Annual grants
                                                           import wood products                   available to projects relocating or hiring new jobs in the State

                                                                                                  URBAN TRANSIT HUB TAX CREDIT (UTHTC):      Income tax credits to
                                                                                                  projects involving new construction or large-scale renovation
                                                                                                  locating within 1/2 mile (1 mile for Camden projects) of a
                  KEY RESOURCES & CONTACTS                                                        designated transit hub or a site served by rail

                  TRACYE MCDANIEL | PRESIDENT AND CHIEF EXECUTIVE OFFICER                         URBAN ENTERPRISE ZONES:Exemption from sales tax on construction
                  MICHAEL CHROBAK | CHIEF ECONOMIC DEVELOPMENT OFFICER                            materials, FFE and other taxable purchases

                                                                                                  BUSINESS RETENTION AND RELOCATION ASSISTANCE GRANT (BRRAG):
                  EconDev@choosenj.com                                                            Corporate income tax credit to companies relocating from one
                  609-297-2200                                                                    location to another in New Jersey or making capital investment
                  www.ChooseNJ.com                                                                equal to the value of the tax credits

                  SOURCES: NJ Department of Labor
                  & US Bureau of Labor Statistics;
                  American Community Survey, 2005-
                  2009 Estimates,; NJ State Police &
                  FBI, Uniform Crime Report; NJ
                  Monthly Magazine, 2010; NJ State
                  Department of Education, Spring
                  2010; Board of Public Utilities; Tax
                  Foundation;          Infoplease.com;
                  Travelmath;      CoStar;    Hoovers;
                  Institute for Energy Research; Data
                  current as of September 2011




                                                                                                                         www.choosenj.com/cityofcamden.pdf

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Camden City Profile: Labor, Business, Demographics

  • 1. CITY OF CAMDEN, NEW JERSEY OVERVIEW LABOR FORCE & EMPLOYMENT CURRENT CIVILIAN LABOR FORCE UNEMPLOYMENT RATE 27,800 19% 9.8% NJ 8.3% US TOTAL EMPLOYED PER CAPITA PERSONAL INCOME 22,600 $11,967 $50K NJ $39K US MAJOR PRIVATE SECTOR EMPLOYERS Company Industry 2011 Employment Cooper Health Gen Med/Surgical Hospital 4,740 L3 Communications Corp Radio/TV Comm. Equipment 800 City of Camden is the county seat of Mafco Corp Candy/Spices 730 Camden County and is the largest city in Delaware Port Authority Inspection & Fixed Facilities 623 the county and 12th largest in the State. Consolidated Rail Corp Railroads Freight Agency 335 Rutgers Univ – Camden University 320 Camden’s Motto is “In a Dream, I Saw a City Invincible” and is home to the Campbell Soup Co., founded in 1869. LARGEST EMPLOYMENT SECTORS (TOP 5) Rank Sector Camden NJ U.S. CURRENT POPULATION 1 Trade, Transportation, & Utilities 20% 21% 19% 78,788 2 Education & Healthcare Services 19% 23% 14% 3 Professional & Business Services 15% 15% 13% 4 Leisure & Hospitality 8% 9% 10% 5 Manufacturing 7% 7% 10% HISTORY 1828 : Incorporated from portions of LARGEST OCCUPATIONS Newton Township Rank Occupation Camden 1830: Camden / Amboy Railroad 1 Service 30% chartered in Camden 2 Sales & Office 24% 1844: Became part of Camden County 3 Management, Professional & Related 18% 1900: Economic decline & residents 4 Construction, Extraction, Maintenance & Repair 16% 5 Production, Transportation, and Material Moving 11% moved out to other locations 2005: State of NJ took over operations for school system & police department EDUCATION ATTAINMENT Today: Revitalization along Camden Waterfront & neighborhoods with 5% 2% 34% % of HS Grads continue to 4 24% % of HS Grads continue to 2 direct access to Philadelphia Less than H.S. Yr College Yr College 19% H.S. Diploma 41% INSTITUTE OF HIGHER EDUCATION TAX INFORMATION 2011 Some College  Corporate Income Tax = 9% Institute (2-4 Yr) TOTAL ENROLLMENT 4 Yrs of College  Personal Income = 8.97% (max) Camden County CC 15,670 34% > 4 Yrs of College Rowan Univ 11,006  Sales Tax = 7%  Property Tax = $2,372 per capita Richard Stockton 7,559  Median Property Taxes Paid in Rutgers Univ 5,781 county = $5,144 ARTS, CULTURE & ENTERTAINMENT ETHNICITY/DIVERSITY AGE MEDIAN AGE  Adventure Aquarium  Campbell's Field Baseball Park 50% 28  Camden Children's Garden 45% 42%  Susquehanna Center  Battleship Naval Mus. & Vet Memorial 28% 29%  Camden Waterfront 19%  Under 25 Walt Whitman House 3% 15% Hispanic/  South Jersey Performing Arts Center 8% Other 45-64 Asian 25-44 White Latino  Black Rutgers Camden Center for The Arts 65+  Millennium Skate World www.choosenj.com/cityofcamden.pdf
  • 2. CITY OF CAMDEN TRANSPORTATION/MOBILTY COST OF DOING BUSINESS AVG COMMUTE TIME (MINS) CARPOOL 2011 WAGES 24 30 NJ 25 US 21% Occupation Bus. & Fin. Operations Camden County $66,270 NJ $72,740 USE PUBLIC TRANSIT USE OTHER MEANS Construction/Extraction $52,850 $53,760 19% 10% Food Prep & Serving Related Healthcare Practitioners $22,030 $76,620 $23,300 $80,590 Install, Maint, & Repair $46,470 $46,930 AVAILABLE TRANSPORTATION SYSTEMS  Amtrak Management $113,550 $124,790  Walter Rand Transportation Center Office & Admin Support $34,020 $35,660  PATCO high-speed line Production $32,200 $34,690  NJ Riverline to Trenton Sales & Related $40,170 $42,850 Trnsp & Moving Materials $32,860 $33,080 KEY ROADS Accessible thoroughfares includes I-676, US-130, US-70, US-38, US- SPACE AVAILABILITY 30, I-76, and I-295, New Jersey Turnpike, the Pennsylvania Turnpike and the Atlantic City Expressway Type Sq Ft/Acre Occupancy Costs Land 7.8 acres $3.50 / sf Industrial 497,000 sq ft $3.63 / sf MILEAGE TO NEAREST AIRPORT ABOUT PHILADELPHIA INT’L AIRPORT Office 426,000 sq ft $19.62 / sf  31.8 Million passengers (2008) 8 To Philadelphia Int’l Airport  Ranked 11th in world for Aircraft movements UTILITY COSTS Type of Utility Utility Provider Cost 43 To Atlantic City Airport ABOUT ATLANTIC CITY INT’L AIRPORT  Joint civil-military public airport  5,300-acre site Gas Electric Telecom $2.63 14.8 cents / Deregulated Varies by location 2nd lowest 7th highest NA  1.4+ million passengers annually Waste/Sewer Varies by location NA MILEAGE TO NEAREST PORT ABOUT PORT OF CAMDEN FINANCING / INCENTIVES  4 Terminals 1 To Camden Port  35 Tenants  Specializes in handling break- ECONOMIC REDEVELOPMENT & GROWTH GRANT (ERGG): Tax-increment financing available to close financing and competitive cost gaps between New Jersey and alternative locations bulk and container cargo  Nation’s leader in handling BUSINESS EMPLOYMENT INCENTIVE PROGRAM (BEIP): Annual grants import wood products available to projects relocating or hiring new jobs in the State URBAN TRANSIT HUB TAX CREDIT (UTHTC): Income tax credits to projects involving new construction or large-scale renovation locating within 1/2 mile (1 mile for Camden projects) of a KEY RESOURCES & CONTACTS designated transit hub or a site served by rail TRACYE MCDANIEL | PRESIDENT AND CHIEF EXECUTIVE OFFICER URBAN ENTERPRISE ZONES:Exemption from sales tax on construction MICHAEL CHROBAK | CHIEF ECONOMIC DEVELOPMENT OFFICER materials, FFE and other taxable purchases BUSINESS RETENTION AND RELOCATION ASSISTANCE GRANT (BRRAG): EconDev@choosenj.com Corporate income tax credit to companies relocating from one 609-297-2200 location to another in New Jersey or making capital investment www.ChooseNJ.com equal to the value of the tax credits SOURCES: NJ Department of Labor & US Bureau of Labor Statistics; American Community Survey, 2005- 2009 Estimates,; NJ State Police & FBI, Uniform Crime Report; NJ Monthly Magazine, 2010; NJ State Department of Education, Spring 2010; Board of Public Utilities; Tax Foundation; Infoplease.com; Travelmath; CoStar; Hoovers; Institute for Energy Research; Data current as of September 2011 www.choosenj.com/cityofcamden.pdf