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


                                              56,200                                                        12%                 9.8% NJ
                                                                                                                                8.3% US

                                              TOTAL EMPLOYED                                                 PER CAPITA PERSONAL INCOME


                                              49,100                                                        $19,131                                      $50K NJ
                                                                                                                                                         $39K US



                                                                                                 MAJOR PRIVATE SECTOR EMPLOYERS
                                               Company                                                   Industry                                           2011 Employment
The City of Elizabeth, located in Union        Trinitas Regional Med Center                              Gen Med/Surgical Hospital                                     1,265
County, New Jersey, is the largest city in     Hayward Industrial                                        Plastics Hardware/Products                                      600
the county and 4th largest in the State        New England Motor Freight                                 Trucking                                                        400
                                               Ikea Holding Us Inc                                       Furniture Stores                                                300
Motto: Where History Meets Present             Elmora Hills Health                                       Nursing Care Facilities                                         220
                                               Alpha Wire Corp                                           Wire & Cable                                                    175
Elizabeth is home to Bayway Refinery, a
ConocoPhillips refining facility, supplying                                                     LARGEST EMPLOYMENT SECTORS (TOP 5)
petroleum-based products to the NY/NJ            Rank          Sector                                                                    Union               NJ                U.S.
area.                                               1          Trade, Transportation & Utilities                                          23%               21%                19%
                                                    2          Professional & Business Services                                           16%               23%                14%
                                                    3          Education & Healthcare Services                                            13%               15%                13%
CURRENT POPULATION
                                                    4          Manufacturing                                                              12%               7%                 10%

124,969
                                                    5          Leisure & Hospitality                                                      6%                9%                 10%

                                                                                                    LARGEST OCCUPATIONS (TOP 5)
HISTORY                                        Rank           Occupation                                                                                               Elizabeth
1665 : Founded; Served as 1st capital             1           Production, Transportation & Material Moving                                                                  26%
of NJ (1855 city incorporated)                    2           Sales & Office                                                                                                24%
1857: Became part Union County                    3           Service                                                                                                       22%
                                                  4           Management, Professional & Related                                                                            17%
1895: 1st major industry, Singer Sewing
                                                  5           Construction, Extraction, Maintenance & Repair                                                                10%
Machine Co. & 1st car co’s, Electric
Carriage and Wagon Co. founded
1897: USS Holland launched                    EDUCATION ATTAINMENT
1921: Port Authority of NY and NJ formed
1928: Newark Int’l Airport opened
                                                              4%                                                      35% % of HS Grads
                                                                                                                          continue to 4
                                                                                                                                                             35% % of HS Grads
                                                                                                                                                                 continue to 2
                                                         9%                                      Less than H.S.
2008: Named one of "America's 50                                                                                               Yr College                             Yr College
                                                                        30%                      H.S. Diploma
Greenest Cities“, Popular Science Mag.         19%
                                                                                                 Some College                      INSTITUTE OF HIGHER EDUCATION
                                                                                                 4 Yrs of College      Institute (2-4 Yr)                     TOTAL ENROLLMENT
TAX INFORMATION 2011                                          38%                                > 4 Yrs of College    Kean University                                    15,051
   Corporate Income Tax = 9%                                                                                          Union County CC                                    12,751
   Personal Income = 8.97% (max)                                                                                      Rutgers Univ. Newark                               11,501
   Sales Tax = 7%                                                                                                     NJ Inst. of Tech                                    8,840
   Property Tax = $2,372 per capita
   Median Property Taxes Paid in             ETHNICITY/DIVERSITY                                                       AGE                                           MEDIAN AGE
    county= $7,075                                                            56%
SHOPS & ENTERTAINMENT                           47%
                                                                                                                                                                                33
                                                                                                                         37%
 Jersey Gardens Outlet Mall
 Elizabeth Center                                                                                         29%                              32%
                                                                              Hispanic/Latino




                                                               20%                                                                                          22%
                                                                                                                              Under 25




                                                                                                 5%                                                                     9%
                                                 White




                                                                                                                                                              45-64
                                                                Black




                                                                                                                                                 25-44
                                                                                                            Other
                                                                                                 Asian




                                                                                                                                                                         65+




                                                                                                                       www.choosenj.com/cityofelizabeth.pdf
CITY OF ELIZABETH   TRANSPORTATION/MOBILTY                                                    COST OF DOING BUSINESS

                    AVG COMMUTE TIME (MINS)           CARPOOL                                                                     2011 WAGES

                    25        30 NJ
                              25 US                   13%                                       Occupation

                                                                                                Bus. & Fin. Operations
                                                                                                                                                        Union
                                                                                                                                                       County
                                                                                                                                                      $74,600            $72,740
                                                                                                                                                                                 NJ


                    USE PUBLIC TRANSIT                USE OTHER MEANS
                                                                                                Construction and Extraction                           $56,190            $53,760

                    11%                               22%                                       Food Prep & Serving related
                                                                                                Healthcare Practitioners
                                                                                                                                                      $23,640
                                                                                                                                                      $82,330
                                                                                                                                                                         $23,300
                                                                                                                                                                         $80,590
                                                                                                Install, Maint & Repair                               $47,830            $46,930
                    AVAILABLE TRANSPORTATION SYSTEMS                                            Management                                           $129,680           $124,790
                    Elizabeth has two transit lines: NJ Transit's North Jersey Coast Line       Office & Admin Support                                $36,860            $35,660
                    & the Northeast Corridor Line; one of the highest in transit                Production                                            $35,020            $34,690
                    ridership among US cities
                                                                                                Sales & Related                                       $44,960            $42,850
                    KEY ROADS                                                                   Trnsp and Material Moving                             $38,310            $33,080
                    Elizabeth has several major highways: Turnpike, Interstate 95, 78,
                    Route 1/9, 22, 27, 28, 82 and 439.                                                                         SPACE AVAILABILITY
                                                                                                Type                          Sq Ft/Acre                         Occupancy Costs
                    MILEAGE TO NEAREST AIRPORT        ABOUT NEWARK INT’L AIRPORT
                                                                                                Land                          12.5 acres                               $22.00 / sf
                                                       12th busiest in US (29th worldwide)
                    3      To Newark
                           Int’l Airport               34.1 million passengers (2010)
                                                       860 million short tons of cargo
                                                                                                Industrial
                                                                                                Office
                                                                                                                              2,551,000 sq ft
                                                                                                                              147,000 sq ft
                                                                                                                                                                        $6.40 / sf
                                                                                                                                                                       $18.92 /sf



                    19        To LaGuardia
                              Airport
                                                      ABOUT LAGUARDIA AIRPORT
                                                       24.0 million passengers (2010)
                                                       Smallest of 3 NY Metro Airports
                                                                                                Type of Utility
                                                                                                Gas
                                                                                                                                  UTILITY COSTS
                                                                                                                            Utility Provider
                                                                                                                            $2.63
                                                                                                                                                                              Cost
                                                                                                                                                                       2nd lowest
                                                       Busiest in the US for non-stop
                                                                                                Electric                    14.8 cents / Deregulated                   7th highest
                                                        service to and from Europe
                                                                                                Telecom                     Varies by location                                 NA
                                                      ABOUT JFK INT’L AIRPORT
                    23        To JFK Int’l
                              Airport                  #18 busiest worldwide
                                                       46.5 Million passengers (2010)
                                                                                                Waste/Sewer                 Varies by location                                 NA


                                                       Leading freight gateway to US                                       FINANCING / INCENTIVES
                                                        (value of shipments)                    ECONOMIC REDEVELOPMENT    & GROWTH GRANT (ERGG): Tax-increment
                    MILEAGE TO NEAREST PORT           ABOUT PORT OF NY/NJ                       financing available to close financing and competitive cost gaps
                                                       Largest port on East Coast              between New Jersey and alternative locations

                    5     To Port of
                          NY/NJ                        3rd Largest port in the US
                                                       Handled 5.3 million loaded and
                                                                                                BUSINESS EMPLOYMENT INCENTIVE PROGRAM (BEIP):         Annual grants
                                                                                                available to projects relocating or hiring new jobs in the State
                                                        unloaded 20 ft equiv units
                                                       Value of cargo that moved               URBAN TRANSIT HUB TAX CREDIT (UTHTC):  Income tax credits to
                                                        through port exceeds $190 Billion       projects involving new construction or large-scale renovation
                                                                                                locating within 1/2 mile of a designated transit hub or a site
                                                                                                served by rail
                                                                                                URBAN ENTERPRISE ZONES: Exemption from sales tax on construction
                                                                                                materials, FFE and other taxable purchases
                                                                                                BUSINESS RETENTION AND RELOCATION ASSISTANCE GRANT (BRRAG):
                                                                                                Corporate income tax credit to companies relocating from one
                                                                                                location to another in New Jersey or making capital investment
                                                                                                equal to the value of the tax credits


                                                                                              KEY RESOURCES & CONTACTS
                                                                                              TRACYE MCDANIEL | PRESIDENT AND CHIEF EXECUTIVE OFFICER
                                                                                              MICHAEL CHROBAK | CHIEF ECONOMIC DEVELOPMENT OFFICER


                                                                                              EconDev@choosenj.com
                                                                                              609-297-2200
                                                                                              www.ChooseNJ.com

                                                                                              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/cityofelizabeth.pdf

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Elizabeth data-demographics-utz-transit

  • 1. CITY OF ELIZABETH, NEW JERSEY OVERVIEW LABOR FORCE & EMPLOYMENT CURRENT CIVILIAN LABOR FORCE UNEMPLOYMENT RATE 56,200 12% 9.8% NJ 8.3% US TOTAL EMPLOYED PER CAPITA PERSONAL INCOME 49,100 $19,131 $50K NJ $39K US MAJOR PRIVATE SECTOR EMPLOYERS Company Industry 2011 Employment The City of Elizabeth, located in Union Trinitas Regional Med Center Gen Med/Surgical Hospital 1,265 County, New Jersey, is the largest city in Hayward Industrial Plastics Hardware/Products 600 the county and 4th largest in the State New England Motor Freight Trucking 400 Ikea Holding Us Inc Furniture Stores 300 Motto: Where History Meets Present Elmora Hills Health Nursing Care Facilities 220 Alpha Wire Corp Wire & Cable 175 Elizabeth is home to Bayway Refinery, a ConocoPhillips refining facility, supplying LARGEST EMPLOYMENT SECTORS (TOP 5) petroleum-based products to the NY/NJ Rank Sector Union NJ U.S. area. 1 Trade, Transportation & Utilities 23% 21% 19% 2 Professional & Business Services 16% 23% 14% 3 Education & Healthcare Services 13% 15% 13% CURRENT POPULATION 4 Manufacturing 12% 7% 10% 124,969 5 Leisure & Hospitality 6% 9% 10% LARGEST OCCUPATIONS (TOP 5) HISTORY Rank Occupation Elizabeth 1665 : Founded; Served as 1st capital 1 Production, Transportation & Material Moving 26% of NJ (1855 city incorporated) 2 Sales & Office 24% 1857: Became part Union County 3 Service 22% 4 Management, Professional & Related 17% 1895: 1st major industry, Singer Sewing 5 Construction, Extraction, Maintenance & Repair 10% Machine Co. & 1st car co’s, Electric Carriage and Wagon Co. founded 1897: USS Holland launched EDUCATION ATTAINMENT 1921: Port Authority of NY and NJ formed 1928: Newark Int’l Airport opened 4% 35% % of HS Grads continue to 4 35% % of HS Grads continue to 2 9% Less than H.S. 2008: Named one of "America's 50 Yr College Yr College 30% H.S. Diploma Greenest Cities“, Popular Science Mag. 19% Some College INSTITUTE OF HIGHER EDUCATION 4 Yrs of College Institute (2-4 Yr) TOTAL ENROLLMENT TAX INFORMATION 2011 38% > 4 Yrs of College Kean University 15,051  Corporate Income Tax = 9% Union County CC 12,751  Personal Income = 8.97% (max) Rutgers Univ. Newark 11,501  Sales Tax = 7% NJ Inst. of Tech 8,840  Property Tax = $2,372 per capita  Median Property Taxes Paid in ETHNICITY/DIVERSITY AGE MEDIAN AGE county= $7,075 56% SHOPS & ENTERTAINMENT 47% 33 37%  Jersey Gardens Outlet Mall  Elizabeth Center 29% 32% Hispanic/Latino 20% 22% Under 25 5% 9% White 45-64 Black 25-44 Other Asian 65+ www.choosenj.com/cityofelizabeth.pdf
  • 2. CITY OF ELIZABETH TRANSPORTATION/MOBILTY COST OF DOING BUSINESS AVG COMMUTE TIME (MINS) CARPOOL 2011 WAGES 25 30 NJ 25 US 13% Occupation Bus. & Fin. Operations Union County $74,600 $72,740 NJ USE PUBLIC TRANSIT USE OTHER MEANS Construction and Extraction $56,190 $53,760 11% 22% Food Prep & Serving related Healthcare Practitioners $23,640 $82,330 $23,300 $80,590 Install, Maint & Repair $47,830 $46,930 AVAILABLE TRANSPORTATION SYSTEMS Management $129,680 $124,790 Elizabeth has two transit lines: NJ Transit's North Jersey Coast Line Office & Admin Support $36,860 $35,660 & the Northeast Corridor Line; one of the highest in transit Production $35,020 $34,690 ridership among US cities Sales & Related $44,960 $42,850 KEY ROADS Trnsp and Material Moving $38,310 $33,080 Elizabeth has several major highways: Turnpike, Interstate 95, 78, Route 1/9, 22, 27, 28, 82 and 439. SPACE AVAILABILITY Type Sq Ft/Acre Occupancy Costs MILEAGE TO NEAREST AIRPORT ABOUT NEWARK INT’L AIRPORT Land 12.5 acres $22.00 / sf  12th busiest in US (29th worldwide) 3 To Newark Int’l Airport  34.1 million passengers (2010)  860 million short tons of cargo Industrial Office 2,551,000 sq ft 147,000 sq ft $6.40 / sf $18.92 /sf 19 To LaGuardia Airport ABOUT LAGUARDIA AIRPORT  24.0 million passengers (2010)  Smallest of 3 NY Metro Airports Type of Utility Gas UTILITY COSTS Utility Provider $2.63 Cost 2nd lowest  Busiest in the US for non-stop Electric 14.8 cents / Deregulated 7th highest service to and from Europe Telecom Varies by location NA ABOUT JFK INT’L AIRPORT 23 To JFK Int’l Airport  #18 busiest worldwide  46.5 Million passengers (2010) Waste/Sewer Varies by location NA  Leading freight gateway to US FINANCING / INCENTIVES (value of shipments) ECONOMIC REDEVELOPMENT & GROWTH GRANT (ERGG): Tax-increment MILEAGE TO NEAREST PORT ABOUT PORT OF NY/NJ financing available to close financing and competitive cost gaps  Largest port on East Coast between New Jersey and alternative locations 5 To Port of NY/NJ  3rd Largest port in the US  Handled 5.3 million loaded and BUSINESS EMPLOYMENT INCENTIVE PROGRAM (BEIP): Annual grants available to projects relocating or hiring new jobs in the State unloaded 20 ft equiv units  Value of cargo that moved URBAN TRANSIT HUB TAX CREDIT (UTHTC): Income tax credits to through port exceeds $190 Billion projects involving new construction or large-scale renovation locating within 1/2 mile of a designated transit hub or a site served by rail URBAN ENTERPRISE ZONES: Exemption from sales tax on construction materials, FFE and other taxable purchases BUSINESS RETENTION AND RELOCATION ASSISTANCE GRANT (BRRAG): Corporate income tax credit to companies relocating from one location to another in New Jersey or making capital investment equal to the value of the tax credits KEY RESOURCES & CONTACTS TRACYE MCDANIEL | PRESIDENT AND CHIEF EXECUTIVE OFFICER MICHAEL CHROBAK | CHIEF ECONOMIC DEVELOPMENT OFFICER EconDev@choosenj.com 609-297-2200 www.ChooseNJ.com 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/cityofelizabeth.pdf