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 7
Autos Drive New Jersey Forward
Industry Impact
10.3K
10.3 Thousand total auto jobs in New Jersey
2.10%
2.10% depend on the auto industry for jobs
$928.88M
Total Labor Income Annually
43.4K
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
$90.74M
total state tax revenue
$1.4M
corporate profits tax
$10.44M
federal income taxes
Registrations
691.9K
Registered
By Body Style
- Cars 246,696 (35.65%)
- UVs 316,575 (45.75%)
- Pickups 81,245 (11.74%)
- Vans/Minivans 36,083 (5.21%)
By Powertrain
- ICE / Hybrid 681,103 (98.43%)
- Electric 7,896 (1.14%)
- Plug-In Hybrid 2,932 (0.42%)
- Fuel Cell 1 (0%)
The New Jersey congressional district 7 average age of vehicles is 10.3 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
43.4K
Vehicles Sold
By Body Style
- Cars 8,703 (20.03%)
- UVs 28,630 (65.9%)
- Pickups 4,901 (11.28%)
- Vans/Minivans 1,208 (2.78%)
By Powertrain
- ICE / Hybrid 39,559 (91.06%)
- Electric 3,057 (7.04%)
- Plug-In Hybrid 826 (1.9%)
- 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 343
- EV Level 2 Charging Ports 155
- EV Level 2 Charging Stations 70
- EV DC Fast Charging Ports 13
- 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
$119.6K
Median Household Income
79.10%
Owner Occupied Housing
20.90%
Rental Occupied Housing
95.80%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (62.10%)
- Carpool to Work (4.50%)
- Take Public Transportation (2.60%)
- Work From Home (28.20%)
- Other (2.60%)
Housing Type
- Single Family Home (69.20%)
- 1-Unit (10.20%)
- 2-4 Units (8.30%)
- 5-9 Units (3.70%)
- 10-19 Units (3%)
- 20+ Units (5.40%)
- Mobile / RV / Boat (0.20%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.