Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
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- Industry Impact
- Tax Revenue
- Registrations
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Congressional District 2
Autos Drive New Jersey Forward
Industry Impact
10.2K
10.2 Thousand total auto jobs in New Jersey
2.50%
2.50% depend on the auto industry for jobs
$735.49M
Total Labor Income Annually
31.2K
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
$102.39M
total state tax revenue
$11.95M
corporate profits tax
$12.45M
federal income taxes
Registrations
662.3K
Registered
By Body Style
- Cars 240,355 (36.29%)
- UVs 251,720 (38.01%)
- Pickups 121,301 (18.32%)
- Vans/Minivans 36,655 (5.53%)
By Powertrain
- ICE / Hybrid 657,733 (99.32%)
- Electric 3,044 (0.46%)
- Plug-In Hybrid 1,479 (0.22%)
- Fuel Cell 0 (0%)
The New Jersey congressional district 2 average age of vehicles is 11.7 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
31.2K
Vehicles Sold
By Body Style
- Cars 6,540 (20.98%)
- UVs 18,723 (60.05%)
- Pickups 5,172 (16.59%)
- Vans/Minivans 742 (2.38%)
By Powertrain
- ICE / Hybrid 29,645 (95.08%)
- Electric 1,153 (3.7%)
- Plug-In Hybrid 380 (1.22%)
- 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 235
- EV Level 2 Charging Ports 118
- EV Level 2 Charging Stations 55
- EV DC Fast Charging Ports 5
- EV DC Fast Charging Stations 3
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
$73.9K
Median Household Income
72.50%
Owner Occupied Housing
27.50%
Rental Occupied Housing
89.10%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (73.60%)
- Carpool to Work (8.10%)
- Take Public Transportation (1.90%)
- Work From Home (12.60%)
- Other (3.70%)
Housing Type
- Single Family Home (66.40%)
- 1-Unit (11.60%)
- 2-4 Units (7.60%)
- 5-9 Units (2.60%)
- 10-19 Units (2.40%)
- 20+ Units (6.90%)
- Mobile / RV / Boat (2.50%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.