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Union County Economic and Demographic Profile

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Union County Economic and Demographic Profile ECONOMIC & DEMOGRAPHIC PROFILE 2021 Prepared by UCEDC for Union County Board of Commissioners 75 CHESTNUT STREET, CRANFIRD, NJ 07016 908-527-1166/[email protected] WWW.UCEDC.COM UCEDC, a non-profit economic development corporation, is dedicated to stimulating economic growth for small businesses throughout Union County by providing them with resources and solutions for business expansion. Since 1977, UCEDC has helped entrepreneurs open their doors and assisted established businesses expand into new markets through innovative lending, comprehensive training initiatives and government procurement programs. Financing Access to capital is often a business owner’s largest hurdle. We offer a variety of financing programs to meet your needs at every stage of your business’s growth. As an SBA lender, we offer loans from $500 to $5.5 million through the microloan, Community Advantage 7(a) and 504 financing programs. Speak to our experienced staff to find the option that meets your needs. Government Contracting Federal, state and local government agencies spend billions of dollars each year buying goods and services from small businesses, just like yours. UCEDC can help you break into this lucrative market through free specialized training programs, one-on-one counseling services, and assistance in preparing bids and contract management. Training Whether you’re looking for short presentations, day-long workshops, or intensive courses, UCEDC has the training and technical assistance you need to succeed. Our training professionals will help you master a wide variety of business and financial topics. Business Tools UCEDC produces a wide array of Union County business resource reports to provide you with the insights you need to make smart decisions. Market data, commercial real estate information, demographic analyses, and comprehensive contact lists for business advocacy organizations and agencies are just a few of the vital reports you’ll find, free of charge. Due to businesses operating on modified schedules because of the COVID-19 pandemic, some of the latest information and figures were not available at the publication of this report. Table of Contents This report was compiled to provide a quick overview of the major demographic and economic factors impacting Union County today. Please Note: Data sources are provided at the end of the report to allow for a more indepth exploration. County Government ............................................ 1 Population ............................................................ 2 Education ............................................................. 3 Labor Force/Employment .................................. 4 Commercial Property …………………….…....5 Housing ................................................................ 6 Transportation ..................................................... 7 Community Life .................................................. 9 Data Sources ………………………………….. 10 COUNTY GOVERNMENT Union County operates under a County Manager form of government provided under the Optional County Charter Law of 1975. The Board of Commissioners is comprised of nine members elected to three-year terms with three Commissioners running for election each year. The board appoints the county manager to administer the day-to-day operation of county government, which consists of eight (8) major departments and Cornerstone Behavioral Health Hospital of Union County in Berkeley Heights. Union County Board of Commissioners: County Budget, 2021 Alexander Mirabella, Chair $519,836,107.36 Rebecca Williams, Vice Chair Angela R. Garretson Source: Union County Department of Finance Sergio Granados Christopher Hudak Bette Jane Kowalski County Bond Rating Lourdes Leon Kimberly Palmieri-Mouded Aaa by Moody’s Bond Records - March 2021 Andrea Staten Source: Union County Department of Finance For more information, go to www.ucnj.org/commissioners Registered Voters: Union County Manager Edward Oatman Unaffiliated 122,614 For more information, please contact: Democrat 176,484 The Office Communications & Public Information Republican 56,378 Union County Administration Building Libertarian 996 10 Elizabethtown Plaza Green Party 613 Elizabeth, NJ 07207 Conservative Party 972 (908) 527-4419 Reform Party 139 www.ucnj.org U.S. Constitution Party 1,132 Total 359,328 Source: Union County Board of Elections 2021 Source: Union County Board of Elections 2014 Page 1 POPULATION Union County has an estimated population of 556,341, and is among the most densely populated counties in New Jersey with a population density of 5,216 persons per square mile. Union County’s population is racially, ethically and culturally diverse. According to the 2019 Census, about 63.9% of Union County’s residents were Hispanic/Latino, African- American, Asian or multi-racial. Union County/ NJ State Comparisons 2000 2019 Union County New Jersey Union County New Jersey Population 522,541 8,414,350 556,341 8,882,190 Median Household Income $55,339 $65,266 $77,095 $79,363 Persons below poverty 4.2% 8.5% 7.8% 9.5% Persons per square mile 5,059 1,189 5,216 1,196 Source: U.S. Census Bureau, 2000-2019 Population Characteristics, 2000 - 2019 AGE DISTRIBUTION 2000 2019 Under 5 36,441 6.9 35,278 6.3 5-19 105,205 20.1 109,649 19.6 20-24 29,764 5.7 35,353 6.3 25-34 75,189 14.4 71,926 12.9 35-44 88,398 16.9 77,349 13.9 45-64 115,503 22.1 151,803 27.2 65-84 62,672 12 64,057 11.1 85 and Over 9,369 1.8 11,905 2.1 Total Population 522,541 556,341 RACE 2000 2019 White 342,302 65.5 315,421 56.6 Black 108,593 20.8 117,852 21.7 Hispanic (any race) 103,011 19.7 171,189 30.1 Asian 19,993 3.8 27,503 4.9 Multi-Racial 16,960 6.4 9,176 1.6 Native American 1,215 3.2 3,427 0.6 GENDER 2000 2019 Female 267,663 51.2 285,713 51.3 Male 254,387 48.7 271,607 48.7 Source: U.S. Census Bureau, 2000 - 2018 Municipal Populations, 2019 Municipality 2019 Municipality 2019 Municipality 2019 Berkeley Heights 13,363 Clark 15,911 Cranford 24,054 Elizabeth 129,216 Fanwood 7,697 Garwood 4,521 Hillside 21,967 Kenilworth 8,191 Linden 42,361 Mountainside 6,885 New Providence 13,595 Plainfield 50,317 Rahway 29,895 Roselle 21,811 Roselle Park 13,588 Scotch Plains 24,274 Springfield 17,464 Summit 21,897 Union 58,488 Westfield 29,512 Winfield 1,503 Source: US Census 2019 Page 2 EDUCATION Public Schools (2020) Private Education (2020) There are 20 public schools districts in Union County There are 60 non-public schools in the county Elementary School (PreK-5) 77 Kindergarten 20 Middle/High School (6-12) 42 Elementary School (PreK-5) 25 Elementary/Middle School combined 41 Elementary/Middle School 4 Vocational Technical Schools 8 Middle/High School (6-12) 7 Charter Schools 5 Elementary/High School combined 4 Education Notes: •The average cost of education per student (K-12) for the 2019/2020 school year: $17,028 •Total public school enrollment (2019-2020): 95,349 Source: NJ Department of Education, 2020 Child Care Facilities in Union County As of May 2021, there were 181 licensed child care centers with an enrollment capacity of 17,450 children. In addition, there were 62 registered family child care providers with an enrollment capacity of 310 children. Source: Marge Zarkowski, Community Coordinated Childcare of Union County, personal communication, May 17, 2021 Institutions of Higher Education within Union County School Town Total Web Address Enrollment Kean University Union 16,000 www.kean.edu Union County College Cranford, Elizabeth 8,298 www.ucc.edu Plainfield, Rahway & Scotch Plains Source: Kean University & Union County College, 2020 Institutions of Higher Education within 20 miles of Union County School Town Total Enrollment Web Address Bloomfield College Bloomfield 1,800 www.bloomfield.edu Caldwell University Caldwell 2,020 www.caldwell.edu Drew University Madison 2,000 www.drew.edu Essex County College Newark 10,496 www.essex.edu Fairleigh Dickinson University Madison 11,594 www.fdu.edu Hudson County Community College Jersey City 18,000 www.hccc.edu Middlesex County College Edison 10,085 www.middlesexcc.edu Montclair State University Montclair 21,005 www.montclair.edu New Jersey City University Jersey City 8,000 www.njcu.edu New Jersey Institute of Technology Newark 11,400 www.njit.edu Pillar College Newark Unavailable www.pillar.edu Rutgers University-Newark Newark 13,600 www.rutgers.edu Rutgers University-New Brunswick New Brunswick 50,200 www.rutgers.edu Seton Hall University South Orange 9,815 www.shu.edu Stevens Institute of Technology Hoboken 7,257 www.stevens.edu St. Elizabeth University Morristown 1,411 www.steu.edu St. Peter’s University Jersey City 3,197 www.saintpeters.edu Source: State of New Jersey, Office of the Secretary of Higher Education and websites of colleges/universities Page 3 LABOR FORCE & EMPLOYMENT Union County and New Jersey Unemployment Rates as of March 2021 Unemployed Civilian Labor Force Civilian Labor Force Unemployment Rate Union County 271,600 21,800 8.0% New Jersey 4,436,700 344,000 7.8% Employment by Industry, 2020 Number Percent TOTAL 181,653 Health Care 29,676 16.0 Retail Trade 26,336 14.5 Public Sector 29,007 16.0 Manufacturing 18,185 10.0 Administrative/Support 15,167 8.3 Professional/Technical 15,387 8.5 Wholesale Trade 10,562 5.8 Construction 9,142 5.0 Finance/Insurance 6,215 3.4 Other 21,976 12.1 Source: New Jersey Department of Labor & Workforce Development, Bureau of Labor Force Statistics, 2020 Largest Non-Government Businesses in Union County by Employment Firm Location Nature of Business Employees Merck & Co. Kenilworth & Pharmaceuticals 4,000 Rahway Overlook Hospital Summit Hospital 3,700 Trinitas Regional Medical Center Elizabeth Hospital 2,300 Blue Apron Linden Meal Service 2,000 Nokia New Providence Telecommunication 1,800 Phillips 66 Bayway Linden Refinery 1,000 Summit Medical Group Various locations Medical Practice 1,000 Source: UCEDC Major Employers Report, 2020 Please Note: The number of employees shown above is approximate.
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