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
- Activity at Ports
- Fueling
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Congressional District 3
Autos Drive New Jersey Forward
Industry Impact
13.8K
13.8 Thousand total auto jobs in New Jersey
2.90%
2.90% depend on the auto industry for jobs
$1.16B
Total Labor Income Annually
48.3K
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
$152.25M
total state tax revenue
$6.35M
corporate profits tax
$12.72M
federal income taxes
Registrations
720.3K
Registered
By Body Style
- Cars 268,171 (37.23%)
- UVs 292,992 (40.68%)
- Pickups 97,058 (13.48%)
- Vans/Minivans 53,267 (7.4%)
By Powertrain
- ICE / Hybrid 710,953 (98.7%)
- Electric 6,988 (0.97%)
- Plug-In Hybrid 2,339 (0.32%)
- Fuel Cell 1 (0%)
The New Jersey congressional district 3 average age of vehicles is 10.0 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
48.3K
Vehicles Sold
By Body Style
- Cars 9,682 (20.05%)
- UVs 27,315 (56.55%)
- Pickups 8,095 (16.76%)
- Vans/Minivans 3,208 (6.64%)
By Powertrain
- ICE / Hybrid 44,714 (92.58%)
- Electric 2,979 (6.17%)
- Plug-In Hybrid 606 (1.26%)
- 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 255
- EV Level 2 Charging Ports 81
- EV Level 2 Charging Stations 41
- EV DC Fast Charging Ports 23
- EV DC Fast Charging Stations 7
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
$103K
Median Household Income
81.30%
Owner Occupied Housing
18.70%
Rental Occupied Housing
93.80%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (67.10%)
- Carpool to Work (5.70%)
- Take Public Transportation (1.80%)
- Work From Home (22.80%)
- Other (2.60%)
Housing Type
- Single Family Home (73.40%)
- 1-Unit (10.50%)
- 2-4 Units (5.10%)
- 5-9 Units (3.80%)
- 10-19 Units (2.70%)
- 20+ Units (3.30%)
- Mobile / RV / Boat (1.20%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.