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MONMOUTH COUNTY, NEW JERSEY
OVERVIEW                                    LABOR FORCE & EMPLOYMENT

                                            CURRENT CIVILIAN                                  UNEMPLOYMENT
                                            LABOR FORCE                                       RATE


                                            330,100                                          8.4%               9.8% NJ
                                                                                                                8.3% US

                                            TOTAL EMPLOYED                                    PER CAPITA PERSONAL INCOME


                                            302,400                                          $41,000                          $35K NJ
                                                                                                                              $27K US


HISTORY                                                                         MAJOR PRIVATE SECTOR EMPLOYERS
1675: County established                     Company                                      Industry                                      2011 Employment
1709-1710: Boundaries of County settled      Meridian Hospital Corporation                Gen Med/Surgical Hospitals                               7,500
1714: 1st county government established      Saker ShopRites, Inc.                        Consumer Grocery Stores                                  6,850
1778: Battle of Monmouth known as the        Air Safety Equipment Inc.                    Aircraft maintenance and Repair                          4,350
longest land battle of the American          CentraState Healthcare System                Gen Med/Surgical Hospitals                               2,354
                                             Monmouth Medical Center                      Gen Med/Surgical Hospitals                               2,100
Revolutionary War
                                             Visiting Nurse Assoc. Central NJ             Visiting Nurses Services                                 1,700
2006, 2008, and 2010: Middletown was         Hovnanian Enterprises, Inc.                  Building and Construction                                1,629
voted in the Top 100 in CNN Money's          Food Circus Super Markets                    Consumer Grocery Stores                                  1,300
Best Places to Live                          Bayshore Community Health                    Gen Med/Surgical Hospitals                               1,200
Today: Ranks 42nd in highest-income
counties in the US (53rd in personal per-
                                                                              FASTEST GROWING EMPLOYMENT SECTORS
capita income)
                                               Rank    Industry                                                                 % of new employment
                                                  1    Food Services and Beverage Businesses                                                   >20%
CURRENT POPULATION:                               2    Nursing and Residential Care Facilities                                                 >20%
                                                  3    General Merchandise Stores                                                                8%
630,380                                           4
                                                  5
                                                       Amusement, Gambling and Recreation Industries
                                                       Personal Business Services
                                                                                                                                                 8%
                                                                                                                                                 6%


PROJECTED EMPLOYMENT GROWTH                                                   LARGEST EMPLOYMENT SECTORS (TOP 5)
(2008-2018)                                    Rank    Sector                                                 Monmouth                   NJ            U.S.
                                                  1    Trade, Transportation & Utilities                        21%                     21%            19%
    Mon-        4.1%                              2    Education & Healthcare Services                          17%                     23%            14%
    mouth                                         3    Professional & Business Services                         13%                     15%            13%
                                                  4    Leisure & Hospitality                                    11%                     9%             10%
    NJ                                            5    Financial Activities                                      6%                     7%              6%
         2.8%

                                                                                       LARGEST OCCUPATIONS (TOP 5)
                                              Rank     Occupation                                            Monmouth                    NJ            U.S.
                                                 1     Office & Admin Support                                  18%                      17%            16%
LARGEST MUNICIPALITIES 2011
                                                 2     Sales & Related                                         12%                      11%            11%
    Middletown Twp (66,522)                     2     Food Prep & Serving Related                              8%                      6%              8%
    Howell Twp (51,075)                         4     Healthcare Practitioners                                 6%                      5%              5%
    Marlboro Twp (40,191)                       5     Bus. & Fin. Operations                                   5%                      5%              5%
    Manalapan Twp (38,872)
    Freehold Twp* (36,184)
                                            ETHNICITY/DIVERSITY                                              AGE                                 MEDIAN AGE

TAX INFORMATION 2011                         83%                                                                                                       41
                                                                                                             32%
    Corporate Income Tax = 9%
                                                                                                                                              30%
    Personal Income = 8.97%(max)                                                                                             25%
    Sales Tax = 7%
    Property Tax = $2,372 per capita                             10%
    Median Property Taxes Paid in                     7%                                    3%                                                        13%
                                                                                                                   Under 25




                                                                               5%
                                                                  Hispanic/




     county = $6,595
                                                                                              Other




                                                                                                                                               45-64
                                               White




                                                                                                                                25-44
                                                                  Latino
                                                        Black




                                                                               Asian




                                                                                                                                                         65+




    *county seat                                                                                      www.choosenj.com/monmouthcounty.pdf
MONMOUTH COUNTY    LABOR FORCE & EMPLOYMENT cont’d                                                            TRANSPORTATION/MOBILTY

                   EDUCATION ATTAINMENT                                                                       AVG COMMUTE TIME (MINS)              AVAIL TRANSPORTATION SYSTEMS



                                       15% 9%
                                                                            Less than H.S.
                                                                            H.S. Diploma
                                                                                                              33        30 NJ
                                                                                                                        25 US                      247            Bus Routes
                                                                                                                                                                  (statewide)

                                                                            Some College                      CARPOOL


                                 24%
                                                   28%                      4 Yrs of College
                                                                            > 4 Yrs of College                10%                                 1            Commuter Rail Line
                                                                                                                                                               (North Jersey Coast)

                                                                                                              USE PUBLIC TRANSIT
                                          24%                      COUNTY:              US:
                                                                   COLLEGE DEGREE

                                                                        39%
                                                                                        COLLEGE DEGREE

                                                                                         28%
                                                                                                              8.6%                                 3    Light Rail Lines
                                                                                                                                                        (statewide)

                                                                                                              MILES OF INTERSTATES &               KEY ROADS
                                               LARGEST SCHOOL DISTRICT                                        HIGHWAYS                              Garden State Parkway,


                    Freehold Township
                                                                Grade 12
                                                               Enrollment
                                                                  510
                                                                                  Average Combined
                                                                                 SAT score (US :1509)
                                                                                                  1528
                                                                                                              38,000                                 NJ Turnpike
                                                                                                                                                    Interstates 95, 195

                    Marlboro                                      510                             1673
                    Howell                                        494                             1530
                                                                                                              MILEAGE TO NEAREST AIRPORTS          ABOUT NEWARK INT’L AIRPORT
                    Colts Neck                                    462                             1620
                                                                                                                                                    14th busiest in US (37th worldwide)
                    Manalapan                                     444

                                           INSTITUTE OF HIGHER EDUCATION
                                                                                                  1628
                                                                                                              31        To Newark Liberty
                                                                                                                        Int’l Airport               34 million passengers (2011)
                                                                                                                                                    812,000 short tons of cargo
                                                                                  ENROLLMENT                                                       ABOUT PHILADELPHIA INT’L AIRPORT
                     Institute                                  Type            Under          Graduate                                             30.8 million passengers (2011)
                     Rutgers Univ (Middlesex)
                     Brookdale CC College
                                                                 4 Yr
                                                                 2 Yr
                                                                             graduate
                                                                              29,085
                                                                              15,639
                                                                                                 8,271
                                                                                                    NA
                                                                                                              69        To Philadelphia
                                                                                                                        Int’l Airport               Ranked 11th in world for Aircraft
                                                                                                                                                     movements

                     College of NJ (Mercer)                      4 Yr          6,237               742        MILEAGE TO NEAREST PORT              ABOUT PORT OF NY/NJ
                     Fairleigh Dickinson Univ                    4 Yr          6,044             2,760                                              Largest port on East Coast
                     Princeton Univ (Mercer)
                     Monmouth Univ
                                                                 4 Yr
                                                                 4 Yr
                                                                               5,113
                                                                               4,681
                                                                                                 2,479
                                                                                                 1,818
                                                                                                              31        To Port of
                                                                                                                        NY/NJ                       3rd Largest port in the US
                                                                                                                                                    Handled 5.3 million loaded and
                                                                                                                                                     unloaded 20 ft equiv units
                                                                                                                                                    Value of cargo that moved
                                                  VOCATIONAL SCHOOLS                                                                                 through port exceeds $190 Billion
                     Institute                                                               Enrollment       ACCESS TO CUSTOMERS
                     High School Vocational                                                      1,685        (MILLIONS)
                     Post Secondary Vocational

                  COST OF DOING BUSINESS
                                                                                                   321
                                                                                                              100            Within one
                                                                                                                             day drive



                                                      UTILITY COSTS                                                                           2011 WAGES
                     Type of Utility        Utility Provider                                       Cost         Occupation                                  Monmouth                  NJ
                     Gas                    $2.63                                            2nd lowest         Bus. & Fin. Operations                      $74,8380             $74,470
                     Electric               14.8 cents / Deregulated                         7th highest        Construction and Extraction                 $53,220              $56,400
                     Telecom                Varies by location                                       NA         Food Prep & Serving Related                 $23,690              $23,650
                     Waste/Sewer            Varies by location                                       NA
                                                                                                                Healthcare Practitioners                    $85,110              $83,800
                                                                                                                Install, Maint & Repair                     $49,160              $49,710
                                                                                                                Management                                  $130,750            $131,770
                  KEY RESOURCES & CONTACTS
                                                                                                                Office & Admin Support                      $36,350              $36,810
                  TRACYE MCDANIEL | PRESIDENT AND CHIEF EXECUTIVE OFFICER                                       Protective Services                         $55,100              $54,750
                  MICHAEL CHROBAK | CHIEF ECONOMIC DEVELOPMENT OFFICER                                          Sales & Related                             $43,360              $43,760
                                                                                                                Transp and Material Moving                  $32,130              $33,100
                   EconDev@choosenj.com
                   609-297-2200                                                                                                           SPACE AVAILABILITY
                   www.ChooseNJ.com                                                                             Type                      Sq Ft/Acre                   Occupancy Costs
                                                                                                                Land                      1,723 acres                        $3.85 / sf
                  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         Industrial                2,62,1000 sq ft                    $7.04/ sf
                  Magazine, 2010; NJ State Department of Education, Spring 2010; Board of Public Utilities;     Office                    5,730,000 sq ft                   $20.61 / sf
                  Tax Foundation; Infoplease.com; Travelmath; CoStar; Hoovers; Institute for Energy
                  Research; Data current as of May 2012

                                                                                                                                   www.choosenj.com/monmouthcounty.pdf

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Monmouth county-data-demographics-labor-employment

  • 1. MONMOUTH COUNTY, NEW JERSEY OVERVIEW LABOR FORCE & EMPLOYMENT CURRENT CIVILIAN UNEMPLOYMENT LABOR FORCE RATE 330,100 8.4% 9.8% NJ 8.3% US TOTAL EMPLOYED PER CAPITA PERSONAL INCOME 302,400 $41,000 $35K NJ $27K US HISTORY MAJOR PRIVATE SECTOR EMPLOYERS 1675: County established Company Industry 2011 Employment 1709-1710: Boundaries of County settled Meridian Hospital Corporation Gen Med/Surgical Hospitals 7,500 1714: 1st county government established Saker ShopRites, Inc. Consumer Grocery Stores 6,850 1778: Battle of Monmouth known as the Air Safety Equipment Inc. Aircraft maintenance and Repair 4,350 longest land battle of the American CentraState Healthcare System Gen Med/Surgical Hospitals 2,354 Monmouth Medical Center Gen Med/Surgical Hospitals 2,100 Revolutionary War Visiting Nurse Assoc. Central NJ Visiting Nurses Services 1,700 2006, 2008, and 2010: Middletown was Hovnanian Enterprises, Inc. Building and Construction 1,629 voted in the Top 100 in CNN Money's Food Circus Super Markets Consumer Grocery Stores 1,300 Best Places to Live Bayshore Community Health Gen Med/Surgical Hospitals 1,200 Today: Ranks 42nd in highest-income counties in the US (53rd in personal per- FASTEST GROWING EMPLOYMENT SECTORS capita income) Rank Industry % of new employment 1 Food Services and Beverage Businesses >20% CURRENT POPULATION: 2 Nursing and Residential Care Facilities >20% 3 General Merchandise Stores 8% 630,380 4 5 Amusement, Gambling and Recreation Industries Personal Business Services 8% 6% PROJECTED EMPLOYMENT GROWTH LARGEST EMPLOYMENT SECTORS (TOP 5) (2008-2018) Rank Sector Monmouth NJ U.S. 1 Trade, Transportation & Utilities 21% 21% 19% Mon- 4.1% 2 Education & Healthcare Services 17% 23% 14% mouth 3 Professional & Business Services 13% 15% 13% 4 Leisure & Hospitality 11% 9% 10% NJ 5 Financial Activities 6% 7% 6% 2.8% LARGEST OCCUPATIONS (TOP 5) Rank Occupation Monmouth NJ U.S. 1 Office & Admin Support 18% 17% 16% LARGEST MUNICIPALITIES 2011 2 Sales & Related 12% 11% 11%  Middletown Twp (66,522) 2 Food Prep & Serving Related 8% 6% 8%  Howell Twp (51,075) 4 Healthcare Practitioners 6% 5% 5%  Marlboro Twp (40,191) 5 Bus. & Fin. Operations 5% 5% 5%  Manalapan Twp (38,872)  Freehold Twp* (36,184) ETHNICITY/DIVERSITY AGE MEDIAN AGE TAX INFORMATION 2011 83% 41 32%  Corporate Income Tax = 9% 30%  Personal Income = 8.97%(max) 25%  Sales Tax = 7%  Property Tax = $2,372 per capita 10%  Median Property Taxes Paid in 7% 3% 13% Under 25 5% Hispanic/ county = $6,595 Other 45-64 White 25-44 Latino Black Asian 65+ *county seat www.choosenj.com/monmouthcounty.pdf
  • 2. MONMOUTH COUNTY LABOR FORCE & EMPLOYMENT cont’d TRANSPORTATION/MOBILTY EDUCATION ATTAINMENT AVG COMMUTE TIME (MINS) AVAIL TRANSPORTATION SYSTEMS 15% 9% Less than H.S. H.S. Diploma 33 30 NJ 25 US 247 Bus Routes (statewide) Some College CARPOOL 24% 28% 4 Yrs of College > 4 Yrs of College 10% 1 Commuter Rail Line (North Jersey Coast) USE PUBLIC TRANSIT 24% COUNTY: US: COLLEGE DEGREE 39% COLLEGE DEGREE 28% 8.6% 3 Light Rail Lines (statewide) MILES OF INTERSTATES & KEY ROADS LARGEST SCHOOL DISTRICT HIGHWAYS  Garden State Parkway, Freehold Township Grade 12 Enrollment 510 Average Combined SAT score (US :1509) 1528 38,000 NJ Turnpike  Interstates 95, 195 Marlboro 510 1673 Howell 494 1530 MILEAGE TO NEAREST AIRPORTS ABOUT NEWARK INT’L AIRPORT Colts Neck 462 1620  14th busiest in US (37th worldwide) Manalapan 444 INSTITUTE OF HIGHER EDUCATION 1628 31 To Newark Liberty Int’l Airport  34 million passengers (2011)  812,000 short tons of cargo ENROLLMENT ABOUT PHILADELPHIA INT’L AIRPORT Institute Type Under Graduate  30.8 million passengers (2011) Rutgers Univ (Middlesex) Brookdale CC College 4 Yr 2 Yr graduate 29,085 15,639 8,271 NA 69 To Philadelphia Int’l Airport  Ranked 11th in world for Aircraft movements College of NJ (Mercer) 4 Yr 6,237 742 MILEAGE TO NEAREST PORT ABOUT PORT OF NY/NJ Fairleigh Dickinson Univ 4 Yr 6,044 2,760  Largest port on East Coast Princeton Univ (Mercer) Monmouth Univ 4 Yr 4 Yr 5,113 4,681 2,479 1,818 31 To Port of NY/NJ  3rd Largest port in the US  Handled 5.3 million loaded and unloaded 20 ft equiv units  Value of cargo that moved VOCATIONAL SCHOOLS through port exceeds $190 Billion Institute Enrollment ACCESS TO CUSTOMERS High School Vocational 1,685 (MILLIONS) Post Secondary Vocational COST OF DOING BUSINESS 321 100 Within one day drive UTILITY COSTS 2011 WAGES Type of Utility Utility Provider Cost Occupation Monmouth NJ Gas $2.63 2nd lowest Bus. & Fin. Operations $74,8380 $74,470 Electric 14.8 cents / Deregulated 7th highest Construction and Extraction $53,220 $56,400 Telecom Varies by location NA Food Prep & Serving Related $23,690 $23,650 Waste/Sewer Varies by location NA Healthcare Practitioners $85,110 $83,800 Install, Maint & Repair $49,160 $49,710 Management $130,750 $131,770 KEY RESOURCES & CONTACTS Office & Admin Support $36,350 $36,810 TRACYE MCDANIEL | PRESIDENT AND CHIEF EXECUTIVE OFFICER Protective Services $55,100 $54,750 MICHAEL CHROBAK | CHIEF ECONOMIC DEVELOPMENT OFFICER Sales & Related $43,360 $43,760 Transp and Material Moving $32,130 $33,100 EconDev@choosenj.com 609-297-2200 SPACE AVAILABILITY www.ChooseNJ.com Type Sq Ft/Acre Occupancy Costs Land 1,723 acres $3.85 / sf 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 Industrial 2,62,1000 sq ft $7.04/ sf Magazine, 2010; NJ State Department of Education, Spring 2010; Board of Public Utilities; Office 5,730,000 sq ft $20.61 / sf Tax Foundation; Infoplease.com; Travelmath; CoStar; Hoovers; Institute for Energy Research; Data current as of May 2012 www.choosenj.com/monmouthcounty.pdf