Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.
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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.