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