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PASSAIC COUNTY, NEW JERSEY
OVERVIEW                                    LABOR FORCE & EMPLOYMENT
                                            CURRENT CIVILIAN                               UNEMPLOYMENT
                                            LABOR FORCE                                    RATE


                                            247,100                                     10.6%                            9.8% NJ
                                                                                                                         8.3% US

                                            TOTAL EMPLOYED                                 PER CAPITA PERSONAL INCOME


                                            220,900                                     $26,100                            $35K NJ
                                                                                                                           $27K US


                                                                               MAJOR PRIVATE SECTOR EMPLOYERS
HISTORY
                                              Company                           Industry                                             2011 Employment
1790’s: Legacy of entrepreneurship in
Passaic County, dating from 18th century      St. Joseph’s Hospital             Gen Med/Surgical Hospital                                           4,992
                                              Int’l Specialty Holdings          Industrial Organic Chemicals                                        1,400
1792: Alexander Hamilton formed the
                                              Building Material Corp            Asphalt Felts/Coatings                                              1,000
Society of Useful Manufacturers
                                              ITT Corporation                   Search/Navigation Equipment                                           990
1800’s: Silk production became the
                                              BAE Systems                       Defense Systems/Equipment                                             850
dominant industry                             BP Lubricants USA                 Petroleum Product                                                     300
1837: Established from portions of            JVC Americas Corp                 Computer Equipment                                                    300
Bergen and Essex County; City of              Fujitec America Inc               Elevators Service/Repair                                              250
Paterson was named after William
Paterson, Gov. of NJ                                                         FASTEST GROWING EMPLOYMENT SECTORS
1855: William Paterson Univ. founded           Rank     Industry                                                             % of new employment
1892: Lambert Castle completed                    1     Administrative and Support Services                                                 >20%
                                                  2     Miscellaneous Manufacturing                                                          14%
                                                  3     Insurance Carriers and Related Activities                                             8%
                                                  4     Hospitals                                                                             8%
                                                  5     Health and Personal Care Stores                                                       6%
CURRENT POPULATION:


501,226                                        Rank
                                                  1
                                                         Sector
                                                                             LARGEST EMPLOYMENT SECTORS (TOP 5)

                                                         Trade, Transportation & Utilities
                                                                                                              Passaic
                                                                                                               22%
                                                                                                                                      NJ
                                                                                                                                     21%
                                                                                                                                                     U.S.
                                                                                                                                                     19%
PROJECTED EMPLOYMENT GROWTH
                                                  2      Education & Healthcare Services                       15%                   23%             14%
                                                  3      Professional & Business Services                      15%                   15%             13%
(2008-2018)
                                                  4      Manufacturing                                         11%                   7%              10%
                                                  5      Leisure & Hospitality                                  6%                   9%              10%
    Passaic 0.8 %

                                                                                  LARGEST OCCUPATIONS (TOP 5)
    NJ     2.8%                                  Rank     Occupation                                           Passaic                NJ             U.S.
                                                    1     Office & Admin Support                                17%                  17%             16%
LARGEST MUNICIPALITIES 2010
                                                    2     Sales & Related                                       12%                  11%             11%
                                                    3     Production                                             8%                  5%               7%
    Paterson* (146,199)                            4     Transportation and Material Moving                     7%                  7%               7%
    Clifton (84,136)                               5     Construction and Extraction                            6%                  4%               5%
    Passaic (69,781)
    Wayne Twp (54,717)
    West Milford (25,850)                  ETHNICITY/DIVERSITY                                         AGE                                   MEDIAN AGE

                                             63%                                                                                                       36
TAX INFORMATION 2011                                                                                     36%
        Corporate Income Tax = 9%                                                                                         27%
        Personal Income = 8.97% (max)                            37%                                                                      25%
        Sales Tax = 7%                                                                                                                              12%
        Property Tax = $2,372 per capita                                                  15%
                                                        13%
                                                                                                              Under 25




        Median Property Taxes Paid in                                         5%
                                                                  Hispanic
                                                                  /Latino




                                                                                                                                            45-64
                                                                                                                             25-44
                                                                                           Other
                                              White




         county = $7,055
                                                         Black




                                                                               Asian




                                                                                                                                                       65+




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

                 EDUCATION ATTAINMENT                                                                 AVG COMMUTE TIME (MINS)                 AVAIL. TRANSPORTATION SYSTEMS



                                     4%
                                            20%
                                                                      Less than H.S.
                                                                      H.S. Diploma
                                                                                                      27         30 NJ
                                                                                                                 25 US                        247             Bus Routes
                                                                                                                                                              (statewide)

                              17%                                     Some College                    CARPOOL



                               21%         35%
                                                                      4 Yrs of College
                                                                      > 4 Yrs of College              9%                                     11          Commuter Rail Lines
                                                                                                                                                         (statewide)

                                                             COUNTY:                 US:              USE PUBLIC TRANSIT
                                                             COLLEGE DEGREE

                                                                  25%
                                                                                     COLLEGE DEGREE


                                                                                       28%
                                                                                                      9%                                      3     Light Rail Lines
                                                                                                                                                    (statewide)

                                                                                                      MILES OF INTERSTATES &                  ACCESS TO CUSTOMERS
                                          LARGEST SCHOOL DISTRICTS                                    HIGHWAYS                                (MILLIONS)


                  Clifton
                                                          Grade 12
                                                         Enrollment
                                                            764
                                                                            Average Combined
                                                                           SAT score (US :1509)
                                                                                            1414
                                                                                                      38,000                                 100             Within one day
                                                                                                                                                             drive

                                                                                                      MILEAGE TO NEAREST AIRPORTS             ABOUT NEWARK INT’L AIRPORT
                  Passaic                                   470                             1208
                  JFK
                  Wayne Hills
                                                            399
                                                            336
                                                                                            1122
                                                                                            1614      18         To Newark
                                                                                                                 Int’l Airport
                                                                                                                                               14th busiest in US (37th worldwide)
                                                                                                                                               34 million passengers (2011)
                                                                                                                                               812,000 short tons of cargo
                  Wayne Valley                              365                             1593

                                     INSTITUTES OF HIGHER EDUCATION                                   22        To LaGuardia
                                                                                                                Airport
                                                                                                                                              ABOUT LAGUARDIA AIRPORT
                                                                                                                                               20th busiest in US
                                                                                                                                               24 million passengers (2011)
                                                                             ENROLLMENT                                                        Generates $11 billion in economic
                  Institute                               Type            Under          Graduate                                               activity for NY/NJ
                                                                       graduate
                  Montclair State
                  William Paterson Univ of NJ
                                                           4 Yr
                                                           4 Yr
                                                                         12,271
                                                                          9,860
                                                                                            3,782
                                                                                            1,501
                                                                                                      31        To JFK Int’l
                                                                                                                Airport
                                                                                                                                              ABOUT JFK INT’L AIRPORT
                                                                                                                                               #17 busiest worldwide
                                                                                                                                               47.7 million passengers (2011)
                  Passaic County CC                        2 Yr           9,548                NA                                              Leading freight gateway to US
                  Berkeley College                         4 Yr           3,709                NA                                               (value of shipments)
                                                                                                      MILEAGE TO NEAREST PORT                 ABOUT PORT OF NY/NJ
                                            VOCATIONAL SCHOOLS
                                                                                                                                               Busiest port on East Coast
                  Institute
                  High School Vocational
                  Post Secondary Vocational
                                                                                       Enrollment
                                                                                           2,371
                                                                                              27
                                                                                                      15        To Port of
                                                                                                                NY/NJ                          3rd Busiest port in the US
                                                                                                                                               Handled 5.3 million loaded and
                                                                                                                                                unloaded 20 ft equiv units
                                                                                                                                               Value of cargo that moved
                 COST OF DOING BUSINESS                                                                                                         through port exceeds $190 Billion

                                              SPACE AVAILABILITY                                                                        2011 WAGES
                  Type                    Sq Ft/Acre                           Occupancy Costs          Occupation                                          Passaic                  NJ
                  Land                    260 acres                                   $3.83 / sf        Bus. & Fin. Operations                           $89,900             $74,470
                  Industrial              6,336,000 sq ft                             $5.33 / sf        Food Prep & Serving Related                      $25,700             $23,650
                  Office                  2,363,000 sq ft                            $22.11 / sf        Healthcare Practitioners                         $88,200             $83,800
                                                                                                        Install, Maint, & Repair                         $50,820             $49,710
                                                UTILITY COSTS                                           Management                                      $147,680            $131,770
                  Type of Utility     Utility Provider                                       Cost       Office & Admin Support                           $39,860             $36,810
                  Gas                 $2.63                                            2nd lowest       Production                                       $35,100             $35,630
                  Electric            14.8 cents / Deregulated                         7th highest      Protective Services                             $48,7900             $52,230
                  Telecom             Varies by location                                       NA       Sales & Related                                  $54,820             $43,760
                  Waste/Sewer         Varies by location                                       NA       Trnsp and Material Moving                        $40,496             $33,100


                 KEY RESOURCES & CONTACTS

                 TRACYE MCDANIEL | PRESIDENT AND CHIEF EXECUTIVE OFFICER
                 MICHAEL CHROBAK | CHIEF ECONOMIC DEVELOPMENT OFFICER                                 SOURCES: NJ Department of Labor & US Bureau of Labor Statistics; American
                                                                                                      Community Survey, 2005-2009 Estimates,; NJ State Police & FBI, Uniform Crime
                 EconDev@choosenj.com                                                                 Report; NJ Monthly Magazine, 2010; NJ State Department of Education, Spring 2010;
                 609-297-2200                                                                         Board of Public Utilities; Tax Foundation; Infoplease.com; Travelmath; CoStar;
                                                                                                      Hoovers; Institute for Energy Research; Data current as of May 2012
                 www.ChooseNJ.com

                                                                                                                           www.choosenj.com/passaiccounty.pdf

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Passaic-county-data-demographics-labor-employment

  • 1. PASSAIC COUNTY, NEW JERSEY OVERVIEW LABOR FORCE & EMPLOYMENT CURRENT CIVILIAN UNEMPLOYMENT LABOR FORCE RATE 247,100 10.6% 9.8% NJ 8.3% US TOTAL EMPLOYED PER CAPITA PERSONAL INCOME 220,900 $26,100 $35K NJ $27K US MAJOR PRIVATE SECTOR EMPLOYERS HISTORY Company Industry 2011 Employment 1790’s: Legacy of entrepreneurship in Passaic County, dating from 18th century St. Joseph’s Hospital Gen Med/Surgical Hospital 4,992 Int’l Specialty Holdings Industrial Organic Chemicals 1,400 1792: Alexander Hamilton formed the Building Material Corp Asphalt Felts/Coatings 1,000 Society of Useful Manufacturers ITT Corporation Search/Navigation Equipment 990 1800’s: Silk production became the BAE Systems Defense Systems/Equipment 850 dominant industry BP Lubricants USA Petroleum Product 300 1837: Established from portions of JVC Americas Corp Computer Equipment 300 Bergen and Essex County; City of Fujitec America Inc Elevators Service/Repair 250 Paterson was named after William Paterson, Gov. of NJ FASTEST GROWING EMPLOYMENT SECTORS 1855: William Paterson Univ. founded Rank Industry % of new employment 1892: Lambert Castle completed 1 Administrative and Support Services >20% 2 Miscellaneous Manufacturing 14% 3 Insurance Carriers and Related Activities 8% 4 Hospitals 8% 5 Health and Personal Care Stores 6% CURRENT POPULATION: 501,226 Rank 1 Sector LARGEST EMPLOYMENT SECTORS (TOP 5) Trade, Transportation & Utilities Passaic 22% NJ 21% U.S. 19% PROJECTED EMPLOYMENT GROWTH 2 Education & Healthcare Services 15% 23% 14% 3 Professional & Business Services 15% 15% 13% (2008-2018) 4 Manufacturing 11% 7% 10% 5 Leisure & Hospitality 6% 9% 10% Passaic 0.8 % LARGEST OCCUPATIONS (TOP 5) NJ 2.8% Rank Occupation Passaic NJ U.S. 1 Office & Admin Support 17% 17% 16% LARGEST MUNICIPALITIES 2010 2 Sales & Related 12% 11% 11% 3 Production 8% 5% 7%  Paterson* (146,199) 4 Transportation and Material Moving 7% 7% 7%  Clifton (84,136) 5 Construction and Extraction 6% 4% 5%  Passaic (69,781)  Wayne Twp (54,717)  West Milford (25,850) ETHNICITY/DIVERSITY AGE MEDIAN AGE 63% 36 TAX INFORMATION 2011 36%  Corporate Income Tax = 9% 27%  Personal Income = 8.97% (max) 37% 25%  Sales Tax = 7% 12%  Property Tax = $2,372 per capita 15% 13% Under 25  Median Property Taxes Paid in 5% Hispanic /Latino 45-64 25-44 Other White county = $7,055 Black Asian 65+ *county seat www.choosenj.com/passaiccounty.pdf
  • 2. PASSAIC COUNTY LABOR FORCE & EMPLOYMENT cont’d TRANSPORTATION/MOBILTY EDUCATION ATTAINMENT AVG COMMUTE TIME (MINS) AVAIL. TRANSPORTATION SYSTEMS 4% 20% Less than H.S. H.S. Diploma 27 30 NJ 25 US 247 Bus Routes (statewide) 17% Some College CARPOOL 21% 35% 4 Yrs of College > 4 Yrs of College 9% 11 Commuter Rail Lines (statewide) COUNTY: US: USE PUBLIC TRANSIT COLLEGE DEGREE 25% COLLEGE DEGREE 28% 9% 3 Light Rail Lines (statewide) MILES OF INTERSTATES & ACCESS TO CUSTOMERS LARGEST SCHOOL DISTRICTS HIGHWAYS (MILLIONS) Clifton Grade 12 Enrollment 764 Average Combined SAT score (US :1509) 1414 38,000 100 Within one day drive MILEAGE TO NEAREST AIRPORTS ABOUT NEWARK INT’L AIRPORT Passaic 470 1208 JFK Wayne Hills 399 336 1122 1614 18 To Newark Int’l Airport  14th busiest in US (37th worldwide)  34 million passengers (2011)  812,000 short tons of cargo Wayne Valley 365 1593 INSTITUTES OF HIGHER EDUCATION 22 To LaGuardia Airport ABOUT LAGUARDIA AIRPORT  20th busiest in US  24 million passengers (2011) ENROLLMENT  Generates $11 billion in economic Institute Type Under Graduate activity for NY/NJ graduate Montclair State William Paterson Univ of NJ 4 Yr 4 Yr 12,271 9,860 3,782 1,501 31 To JFK Int’l Airport ABOUT JFK INT’L AIRPORT  #17 busiest worldwide  47.7 million passengers (2011) Passaic County CC 2 Yr 9,548 NA  Leading freight gateway to US Berkeley College 4 Yr 3,709 NA (value of shipments) MILEAGE TO NEAREST PORT ABOUT PORT OF NY/NJ VOCATIONAL SCHOOLS  Busiest port on East Coast Institute High School Vocational Post Secondary Vocational Enrollment 2,371 27 15 To Port of NY/NJ  3rd Busiest port in the US  Handled 5.3 million loaded and unloaded 20 ft equiv units  Value of cargo that moved COST OF DOING BUSINESS through port exceeds $190 Billion SPACE AVAILABILITY 2011 WAGES Type Sq Ft/Acre Occupancy Costs Occupation Passaic NJ Land 260 acres $3.83 / sf Bus. & Fin. Operations $89,900 $74,470 Industrial 6,336,000 sq ft $5.33 / sf Food Prep & Serving Related $25,700 $23,650 Office 2,363,000 sq ft $22.11 / sf Healthcare Practitioners $88,200 $83,800 Install, Maint, & Repair $50,820 $49,710 UTILITY COSTS Management $147,680 $131,770 Type of Utility Utility Provider Cost Office & Admin Support $39,860 $36,810 Gas $2.63 2nd lowest Production $35,100 $35,630 Electric 14.8 cents / Deregulated 7th highest Protective Services $48,7900 $52,230 Telecom Varies by location NA Sales & Related $54,820 $43,760 Waste/Sewer Varies by location NA Trnsp and Material Moving $40,496 $33,100 KEY RESOURCES & CONTACTS TRACYE MCDANIEL | PRESIDENT AND CHIEF EXECUTIVE OFFICER MICHAEL CHROBAK | CHIEF ECONOMIC DEVELOPMENT OFFICER SOURCES: NJ Department of Labor & US Bureau of Labor Statistics; American Community Survey, 2005-2009 Estimates,; NJ State Police & FBI, Uniform Crime EconDev@choosenj.com Report; NJ Monthly Magazine, 2010; NJ State Department of Education, Spring 2010; 609-297-2200 Board of Public Utilities; Tax Foundation; Infoplease.com; Travelmath; CoStar; Hoovers; Institute for Energy Research; Data current as of May 2012 www.ChooseNJ.com www.choosenj.com/passaiccounty.pdf