Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
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- Industry Impact
- Tax Revenue
- Registrations
- New Purchases
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Congressional District 1
Autos Drive New Jersey Forward
Industry Impact
10.7K
10.7 Thousand total auto jobs in New Jersey
3.00%
3.00% depend on the auto industry for jobs
$808.01M
Total Labor Income Annually
29.3K
Total New Cars Sold in 2022
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2021 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2022 - December 31, 2022.
Tax Revenue
$107.48M
total state tax revenue
$3.12M
corporate profits tax
$11.95M
federal income taxes
Registrations
617.7K
Registered
By Body Style
- Cars 256,958 (41.6%)
- UVs 244,003 (39.5%)
- Pickups 70,969 (11.49%)
- Vans/Minivans 36,397 (5.89%)
By Powertrain
- ICE / Hybrid 611,671 (99.02%)
- Electric 4,473 (0.72%)
- Plug-In Hybrid 1,604 (0.26%)
- Fuel Cell 1 (0%)
The New Jersey congressional district 1 average age of vehicles is 11.4 years; The national average is 12.2.
Figures compiled by Powerbase Associates with data provided by S&P Global Mobility as of December 31, 2022.
New Purchases
29.3K
Vehicles Sold
By Body Style
- Cars 6,596 (22.48%)
- UVs 18,117 (61.74%)
- Pickups 3,638 (12.4%)
- Vans/Minivans 994 (3.39%)
By Powertrain
- ICE / Hybrid 27,507 (93.74%)
- Electric 1,459 (4.97%)
- Plug-In Hybrid 379 (1.29%)
- Fuel Cell 0 (0%)
Auto-related Activity at Ports
Economic Activity From Past Decade
- Total Exports
- Total Imports
Economic Activity from 2022
- Total Exports
- Total Imports
Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2022 - December 31, 2022.
Fueling
- Gasoline Stations 251
- EV Level 2 Charging Ports 67
- EV Level 2 Charging Stations 33
- EV DC Fast Charging Ports 31
- EV DC Fast Charging Stations 9
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling data as of January 1, 2023.
Consumers
$80.5K
Median Household Income
68.50%
Owner Occupied Housing
31.50%
Rental Occupied Housing
93.40%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (68.40%)
- Carpool to Work (7.30%)
- Take Public Transportation (2.40%)
- Work From Home (19%)
- Other (2.90%)
Housing Type
- Single Family Home (59.70%)
- 1-Unit (13.80%)
- 2-4 Units (7.30%)
- 5-9 Units (4.30%)
- 10-19 Units (4.80%)
- 20+ Units (9%)
- Mobile / RV / Boat (1.10%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.