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Economic Insights

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

Every State is an Auto State

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Congressional District 8

Autos Drive New Jersey Forward

Industry Impact

6.5K
6.5 Thousand total auto jobs in New Jersey
1.70%
1.70% depend on the auto industry for jobs
$507.2M
Total Labor Income Annually
21.2K
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

$63.8M
total state tax revenue
$1.9M
corporate profits tax
$5.1M
state income taxes

Registrations

372K
Registered

By Body Style

  • Cars 156,520 (42.08%)
  • UVs 161,904 (43.53%)
  • Pickups 19,716 (5.3%)
  • Vans/Minivans 27,855 (7.49%)

By Powertrain

  • ICE / Hybrid 367,848 (98.9%)
  • Electric 3,008 (0.81%)
  • Plug-In Hybrid 1,097 (0.29%)
  • Fuel Cell 0 (0%)
The New Jersey congressional district 8 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

21.2K
Vehicles Sold

By Body Style

  • Cars 4,816 (22.71%)
  • UVs 14,818 (69.88%)
  • Pickups 1,065 (5.02%)
  • Vans/Minivans 507 (2.39%)

By Powertrain

  • ICE / Hybrid 19,480 (91.86%)
  • Electric 1,344 (6.34%)
  • Plug-In Hybrid 383 (1.81%)
  • Fuel Cell 0 (0%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 18.9B 18.9 Billion Total Exports
  • 137.1B 137.1 Billion Total Imports

Economic Activity from 2022

  • 2.4B 2.4 Billion Total Exports
  • 14.2B 14.2 Billion 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 174
  • EV Level 2 Charging Ports 147
  • EV Level 2 Charging Stations 59
  • EV DC Fast Charging Ports 17
  • EV DC Fast Charging Stations 4

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
$71.7K
Median Household Income
29.60%
Owner Occupied Housing
70.40%
Rental Occupied Housing
74.70%
Owner Occupied Single Family Homes

Commuting to Work

  • Drive Alone to Work (35.50%)
  • Carpool to Work (9.30%)
  • Take Public Transportation (19.20%)
  • Work From Home (25.40%)
  • Other (10.60%)

Housing Type

  • Single Family Home (10.50%)
  • 1-Unit (5.20%)
  • 2-4 Units (36.10%)
  • 5-9 Units (9.90%)
  • 10-19 Units (9.20%)
  • 20+ Units (29%)
  • Mobile / RV / Boat (0.20%)

Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.

Automaker's Facilities

BMW Group Location Employees
BMW of North America Vehicle Distribution Center Jersey City , NJ 66