Union County Economic and Demographic Profile
Transcription
Union County Economic and Demographic Profile
Union County Business Reports Union County, NJ PROFILE 2016 Prepared by UCEDC For Union County Board of Chosen Freeholders, Bruce H. Bergen, Chairman 75 Chestnut Street, Cranford, NJ 07016 908-527-1166 / info@ucedc.com www.ucedc.com June, 2016 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 million through the microloan, Community Advantage 7(a) and 504 financing programs. Speak to our experienced staff to find the option that meet 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. Table of Contents This report was compiled to provide a quick overview of the major demographic and economic factors impacting Union County today. 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 Housing ........................................................ 6 Transportation .............................................. 7 Community Life............................................ 9 COUNTY GOVERNMENT Union County operates under a County Manager form of government provided under the Optional County Charter Law of 1975. The Board of Chosen Freeholders is comprised of nine members elected to three-year terms with three Freeholders running for election each year. The Board appoints the County Manager to administer the day-to-day operation of county government, which consists of six (6) major departments and Runnells Specialized Hospital in Berkeley Heights. Union County Freeholders: County Budget, 2016 Bruce H. Bergen, Chairman Sergio Granados, Vice-Chairman Linda Carter Angel G. Estrada Christopher Hudak Mohamed S. Jalloh Bette Jane Kowalski Alexander Mirabella Vernell Wright $505,624,322.29 For more information go to http://ucnj.org/departments/clerk-of-theboard/freeholders/ Source: Union County Division of the Treasurer www.UCNJ.org County Bond Rating Aa1 by Moody’s Bond Records - March 2015 AA+ by Fitch Bond Records – June 2014 AA+ by Standards & Poor’s Bond Records – June 2014 Union County Manager Registered Voters: Unaffiliated Democrat Republican Libertarian Green Party Conservative Party Reform Party U.S. Constitution Party Total Source: Union County Department of Finance 140,564 127,895 42,961 153 53 60 5 63 311,978 Alfred Faella For more information, please contact: The Office of Public Information Union County Administration Building 10 Elizabethtown Plaza Elizabeth, NJ 07207 (908) 527-4000 www.unioncountynj.org Source: Union County Board of Elections 2016 Source: Union County Board of Elections 2014 Page 1 POPULATION Union County has an estimated population of 555,786, reflecting an increase of 6.4% since 2000. It 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 2014 Census about 60.8% of Union County’s residents were Hispanic/Latino, African-American, Asian or multi-racial. Union County/ NJ State Comparisons Population Median Household Income Persons below poverty Persons per square mile 2015 Union County New Jersey 555,786 8,958,013 $69,396 $72,062 %11.1 %11.1 5,216 1,196 Union County 522,541 $55,339 4.2% 5,059 Source: U.S. Census Bureau, 2000-2015 Population Characteristics, 2000 – 2014 AGE DISTRIBUTION Under 5 5-19 20-24 25-34 35-44 45-64 65-84 85 and Over Total Population 2000 36,441 6.9 105,205 20.1 29,764 5.7 75,189 14.4 88,398 16.9 115,503 22.1 62,672 12 9,369 1.8 522,541 2014 35,854 6.6 109,249 20.1 33,932 6.2 70,694 13.0 77,566 14.2 148,237 27.2 57,786 10.6 11,918 2.2 545,236 RACE White Black Hispanic (any race) Asian Multi Racial Native American 2000 342,302 65.5 108,593 20.8 103,011 19.7 19,993 3.8 16,960 6.4 1,215 3.2 2014 316,762 58.1 116,887 21.4 157,092 28.8 25,969 4.8 9,238 1.7 2,579 0.5 GENDER Female Male 2000 267,663 51.2 254,387 48.7 2014 256,693 55.5 226,747 45.4 Source: U.S. Census Bureau, 2000 - 2014 Municipal Populations, 2015 Municipality Berkeley Heights Elizabeth Hillside Mountainside Rahway Scotch Plains Union 2015 13,549 129,007 21,984 6,885 29,508 24,149 58,128 Municipality Clark Fanwood Kenilworth New Providence Roselle Springfield Westfield 2015 15,535 7,651 8,215 12,469 21,670 17,502 30,548 Source: US Census 2015 Page 2 Municipality Cranford Garwood Linden Plainfield Roselle Park Summit Winfield 2015 24,143 4,521 42,021 51,217 13,670 22,074 1,514 2000 New Jersey 8,414,350 $65,266 8.5% 1,189 EDUCATION Public Schools (2016) Private Education (2016) There are 27 public Schools Districts in Union County Elementary School (PreK-5) 102 Middle/High School (6-12) 48 Vocational Technical Schools 6 Charter Schools 4 There are 57 non-public schools in the county Kindergarden 21 Elementary School (PreK-5) 21 Middle/High School (6-12) 6 Elementary/High School 9 combined Education Notes: •The average cost of education per student (K-12) for the 2015/2016 school year: $14,828 •Total public school enrollment (2015/2016): 92,712 Source: NJ Department of Education, 2016 Sources: New Jersey Department of Education, 2012 Child Care Facilities in Union County As of June 2016, there were 278 licensed child-care centers with an enrollment capacity of 24,139 children. Of these centers, there were 2 employer-sponsored child-care centers. In addition, there were 109 registered Family Child Care providers with an enrollment capacity of 537 children. Source: Noemi. Martinez, Community Coordinated Childcare of Union County, personal communication, June 1, 2016 Institutions of Higher Education within Union County School Town Kean University of New Jersey Union Union County College Cranford Elizabeth Plainfield Scotch Plains Total Enrollment 15,221 Web Address 11,220 www.ucc.edu www.kean.edu Source: Kean University & Union County College, 2016 Institutions of Higher Education within 15 miles of Union County School Town Total Enrollment Web Address Bloomfield College Caldwell University Drew University Essex County College Fairleigh Dickinson University New Jersey Institute of Technology Rutgers University-Newark Bloomfield Caldwell Madison Newark Madison Newark Newark 2,000 2,138 2,000 11,468 12,000 11,325 11,314 www.bloomfield.edu www.caldwell.edu www.drew.edu www.essex.edu www.fdu.edu www.njit.edu www.rutgers.edu Rutgers University-New Brunswick Seton Hall University New Brunswick South Orange 40,720 10,100 www.rutgers.edu www.shu.edu Source: State of New Jersey, Office of the Secretary of Higher Education Page 3 LABOR FORCE & EMPLOYMENT Union County and New Jersey Unemployment Rates as of April 2016 Union County Civilian Labor Force 266,900 New Jersey 4,358,400 Unemployed Civilian Labor Force 14,800 Unemployment Rate 5.2% 230,100 5.0% Employment by Industry, 2015 Percent TOTAL Health Care Number 188,755 29,858 Retail Trade Public Sector Manufacturing Administrative/Support Professional/Technical Wholesale Trade 26,230 30,157 19,097 18,905 12,803 12,214 13.9 16.0 10.1 10.0 6.8 6.5 Construction Finance/Insurance Other 9,113 6,712 23,666 4.8 3.6 12.5 15.8 Source: New Jersey Department of Labor & Workforce Development, Bureau of Labor Force Statistics, 2015 Largest Non-Government Businesses in Union County by Employment Firm Merck & Co. Employees 5,000 Nature of Business Pharmaceuticals Overlook Hospital Trinitas Hospital Location Kenilworth & Rahway Summit Elizabeth Hospital Hospital 3,901 2,800 Maher Terminals Alcatel-Lucent Phillips 66 Bayway Elizabeth New Providence Linden Truck Terminals Technology Refinery 1,700 1,300 1,000 Source: UCEDC Major Employers List, 2015 Please Note: The number of employees shown above is approximate. Page 4 Top Recently Completed or Near Completion Major Development Projects, 2015 Municipality Project Name $ Value Status Linden 550 Million In Progress Elizabeth Legacy Development (former GM Plant) Elberon/Wakefern 70+ Million Completed Clark Clark Commons 55 Million Completed Elizabeth E&A Ventures 50 Million In Progress New Providence Redwood-ERC 45 Million Completed Berkeley Heights Embassy Suites 40 Million In Progress Rahway Meridia Lafayette 15 Million In Progress Summit 466 Springfield Avenue 12 Million In Progress Union Bridge Development 10 Million Completed Source: UCEDC Major Development Projects Report, 2015 Major Industrial/Office Parks in Union County Name Liberty Hall Corporate Center Connell Corporate I, II, II & IV Cranford Business Parks Cranford Office & Industrial Park Morris Plaza I & II Murray Hill Inn and Office Park Address Morris and North Avenue 200 Connell Drive 14/25 Commerce Dr. 65 Jackson Drive City Union Berkeley Heights Cranford Cranford Commerce Drive Cranford Morris Avenue South St. and Central Ave. Union New Providence Page 5 Management Co. Colliers International Connell Realty & Dev Co. Mack-Cali Associates Phone# 973-299-3019 Mack-Cali Associates Mack-Cali Associates 732-590-1513 M. Alfieri Co. Mack-Cali Associates 732-491-4200 732-590-1513 908-673-3736 Lee Martino 732-590-1513 732-590-1513 HOUSING Housing Summary, 2014 Union County New Jersey Housing units Homeownership rate Median value of owner-occupied housing units Households Persons per household 201,580 59.8% $353,300 185,688 2.90 3,591,588 65.0% $319,900 3,188,498 2.72 Source: US Census Bureau – Census 2014 Housing Prices and Real Estate Taxes, Union County, 2015 Municipality Average Sale Price 2015 564,901 417,180 444,439 4 Year Decrease/ Increase -6.1% +6.7% +3.3% Average Taxes 2011 $11,027 $8,899 $9,557 Average Taxes 2015 $12,917 $9,729 $10,524 4 Year Increase $ Berkeley Heights Clark Cranford Average Sale Price 2011 601,578 391,055 430,276 Elizabeth Fanwood Garwood Hillside Kenilworth Linden 228,117 410,875 331,610 231,858 329,575 260,960 230,809 430,613 366,114 227,112 314,505 245,054 +1.2% +4.8% +10.4 -2.0% -4.6% -6.1% $7,886 $10,315 $8,391 $8,515 $7,028 $7,739 $9,074 $11,219 $9,495 $9,096 $8,339 $8,408 $1,188 $904 $1,104 $581 $1,311 $669 Mountainside New Providence Plainfield Rahway Roselle Roselle Park 583,814 545,046 244,022 261,376 182,696 253,930 631,557 601,323 248,514 228,056 170,014 264,519 +8.2% +10.3% +1.8% -12.7% -6.9% +4.2 $9,649 $12,017 $7,845 $7,742 $9,115 $8,480 $11,788 $13,364 $8,318 $8,314 $9,532 $9,514 $2,139 $1,347 $473 $572 $417 $1,034 Scotch Plains Springfield Summit Union Westfield Winfield 477,536 397,642 985,865 277,133 750,749 N/A 520,637 361,409 979,176 285,165 693,979 N/A +9.0% -9.1% -0.7% +2.9% -7.6% N/A $11,250 $9,766 $15,524 $7,612 $13,902 $24 $12,562 $10,701 $17,117 $8,402 $15,914 $347 $1,312 $935 $1,593 $790 $2,012 $323 Source: NJ Department of Treasury Page 6 $1,890 $830 $967 TRANSPORTATION Major Highways in Union County Highway Garden State Parkway (Toll Road) New Jersey Turnpike (Toll Road) Interstate 78 Interstate 278 US Routes 1&9 US Route 22, 24 Direction of Travel North & South Union County Exits 8 North & South 2 East & West East & West North & South East & West 8 2 Ample Ample Source: Port Authority of New York and New Jersey Travel Times and Distances Destination Midtown Manhattan, NY Newark International Airport Downtown Philadelphia, PA Distance (miles) 16-30 0-18 72-84 Drive Time (min.) 30-60 5-35 100-120 Source: Port Authority of New York and New Jersey Rail Passenger Lines – There are 4 major lines which serve Union County: the Northeast Corridor Line, the Raritan Valley Line, the North Jersey Coast Line, and the Morris & Essex Line (which includes the Gladstone Line & Morristown Line). Freight Lines – The Chemical Coast, Conrail, Lehigh Line of Conrail, Northeast Corridor, and the Raritan Valley Line. ExpressRail – The ExpressRail On-Dock Cargo Transfer Facility at Port Elizabeth is a daily rail service that connects the Port and Union County to all Midwest and Canadian markets. Source: Port Authority of New York and New Jersey Air Newark Liberty International Airport (EWR) – EWR is one of the most modern, efficient, fastest-growing airports in the world. Almost half of the airport is located within Union County boundaries. The number of passengers passing through Newark Airport in 2015 was more than 37 million (This includes domestic, international, commuter and regional passengers). Source: Port Authority of New York and New Jersey Linden Municipal Airport – Linden Airport provides a vital transportation link in the Union County infrastructure. The airport is a federal-designated reliever facility for Newark Liberty and operates a full-service facility. The airport is home to approximately 85 aircraft and close to 51,000 arrivals and departures each year. Source: Airport IQ 5010 Page 7 Air Traffic Comparison, 2015 Passengers Domestic International Flights Domestic International Freight (In tons) Domestic International EWR JFK LGA 25,692,513 26,806,853 26,684,923 11,802,191 30,020,301 1,752,745 310,653 92,322 253,503 173,881 323,763 27,175 449,435 255,252 235,007 1,094,939 7,672 49 Source: Port Authority of New York and New Jersey Trucking •Over 50 independent freight/trucking companies are based in Union County. •There are an additional 90 companies that serve Union County from within a 50-mile radius. •There are over 55 private companies that have their own fleet of trucks within Union County. Sea Port Elizabeth is the largest containerized, deep-water shipping terminal on the East Coast. Facts about Port Newark/Elizabeth: •2,230 acres/902.4 hectares of maritime property •41,000 linear feet/12,496.8 meter of berthing space •Accommodates 3,700 vessels annually •3.3 million containers handled each year •U.S. Foreign Trade Zone No. 49 is the largest foreign trade zone in the U.S. with 3,587 contiguous acres and over 6 million sq. ft. for storage and distribution. Elizabeth Port, NJ Port Activity: NY/NJ General Cargo Tonnage Volume Year 2015 2014 Total 36,781,069 35,361,350 Imports 26,138,101 24,361,944 Exports 10,642,968 10,999,406 Source: Port Authority of New York and New Jersey Port Activity: NY/NJ Containers/Twenty-Foot Equivalent Unit's Year 2015 Containers 3,664,013 TEU's 6,371,720 2014 3,342,286 5,772,303 Source: Port Authority of New York and New Jersey Page 8 COMMUNITY LIFE Hospitals Located in Union County Hospital Municipality Number of beds Overlook (Acute Care) Summit 504 RWJ at Rahway (Acute) Rahway 263 Runnells Specialized (County-owned, (Psychiatric) Berkeley Heights 44 Trinitas (Acute Care) Elizabeth 407 Summit Oaks Hospital (Psychiatric) Summit 126 *Each municipality has a rescue squad and/or emergency medical service. Source: State of New Jersey Department of Health, Division of Health Facilities Evaluation and Licensing (2015) Parks & Recreation Union County is a rich and diverse region that boasts thirty-six parks, spanning 6,200 acres. These woodlands and open spaces comprise approximately 8.5 percent of the County’s total land. Major Parks, Recreation and Facilities in Union County Park Name Town(s) Park Name Town(s) Black Brook Park Kenilworth Lenape Park Briant Park Summit Madison Ave Park Cranford/Kenilworth/Springfield/Union/ Westfield Rahway Cedar Brook Park Plainfield/S. Plainfield Mattano Park Elizabeth Echo Lake Park Mountainside/Westfield McConnell Park Cranford Elizbeth River Parkway Hillside/Union Milton Lake Park Clark/Rahway Chatfield Hillside/Union Nomahegan Park Cranford Lightning Brook Hillside/Union Oak Ridge Park Clark/Edison Pruden (Pearl Oval) Elizabeth Passaic River Parkway Berkeley Heights/New Providence/Summit Salem Hillside/Union Phil Rizzuto Park Union/Elizabeth Woodruff Hillside/Union Rahway River Parkway Clark/Rahway Green Brook Park Plainfield/N. Plainfield Sperry Park Cranford Hanson Park Cranford Unami Park Cranford/Garwood/Westfield Esposito Park Clark Ponderosa Park Scotch Plains Houdaille Quarry Springfield Warinaco Park Elizabeth/Roselle Kawameeh Park Union Wheeler Park Linden Other Recreation Areas in Union County Golf Courses & Recreational Areas Towns Ashbrook Golf Course (18 Regulation Holes) Clark, Scotch Plains Galloping Hill Golf Course (27 Regulation Holes) Kenilworth, Union Hyatt Hills Golf Course (18 Holes) Berkeley Hts., Mountainside Scotch Plains, Springfield, Summit Clark Scotch Hills Country Club (9 Holes) Scotch Plains Summit Municipal Golf Course (9 Holes) Summit Watchung Reservation Galloping Hill Golf Course, Kenilworth, NJ Page 9 Resource List County of Union, New Jersey (2016) Union County Freeholders: http://ucnj.org/departments/clerk-of-the-board/freeholders/ County of Union, New Jersey (2016). Union County Budget: http://ucnj.org/wp-content/uploads/2014/12/2016-AdoptedBudget.pdf County of Union, New Jersey (2016). County Registered Voters: http://ucnj.org/board-of-elections/affiliation-statistics/ Union County Population. U.S. Census Bureau (2015): http://factfinder.census.gov/faces/tableservices/jsf/pages/product view.xhtml?src=CF Hospitals. State of New Jersey Department of Health (2015) http://www.state.nj.us/health/healthfacilities/search/ac.shtml Division of Parks & Recreation (2015). Union County Parks: http://ucnj.org/parks-activities/ Transportation (2015). NY/NJ Port Activity: http://www.panynj.gov/airports/general-information.html Air Traffic Comparison (2014). NY/NJ Port Authority: http://www.panynj.gov/airports/traffic-statistics.html Port Activity (2015). NY/NJ Port Authority: http://www.panynj.gov/port/pdf/historical_stats_20042014_trade-stats.pdf Union County/NJ State Comparisons. U.S. Census Bureau (2015): http://www.census.gov/quickfacts/table/PST045215/34039,00 Employment (2016). New Jersey Department of Labor (2016): http://lwd.state.nj.us/lpaapp/app Population Characteristics, 2000 -2015 U.S. Census Bureau, 2000 – 2015: http://www.census.gov/quickfacts/table/PST045214/00 Housing (Average Residential Sale Prices) NJ State Department of Treasury (2015): http://www.state.nj.us/treasury/taxation/lpt/statdata.shtml Municipal Populations. U.S. Census Bureau (2015): http://www.census.gov/quickfacts/table/PST045214/00 Housing (Average Real Estate Taxes - NJ State Department of Treasury (2015): http://www.state.nj.us/treasury/taxation/lpt/statdata.shtml Education. New Jersey Department of Education (2015-2016): http://www.state.nj.us/education/data/ Child Care Facilities in Union County. Noemi Martinez, Community Coordinated Childcare of Union County, personal communication, June 1, 2016. Average Cost of Education per student. NJ Department of Education (2016): http://www.state.nj.us/education/data/ Institutes of Higher Education (2016): http://www.kean.edu/about and http://www.ucc.edu/administration/Institutionalresearch/Comm onDataSet/Enrollment.aspx Institutes of Higher Education within 15 miles (2016): http://www.nj.gov/highereducation/colleges/schools_county.sht ml Union County and New Jersey Unemployment Rates (2016) http://lwd.dol.state.nj.us/labor/lpa/employ/uirate/lfest_index.ht ml Employment by Industry http://lwd.state.nj.us/labor/lpa/reports/datareports_index.html Largest Non-Government Business in Union County by Employment: UCEDC Major Employers List (2015) Top Recently Completed or Near Completion Major Development Projects, 2015: UCEDC Major Development Report (2016) Linden Airport data (2015): http://www.gcr1.com/5010web/airport.cfm?Site=LDJ&AptSecN um=2 Union County employment by industry (2016): http://lwd.state.nj.us/labor/lpa/employ/emp_index.html Labor force and unemployment (2016): http://lwd.dol.state.nj.us/labor/lpa/employ/uirate/lfest_index.ht ml 75 Chestnut Street Cranford, NJ 07016 908-527-1166 / info@ucedc.com www.ucedc.com