Hudson County Has Strengthened in Terms of Housing Units Occupied by Owners by 1.4%, From 2000 to 2010

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Parent Category: New Jersey

Category: Hudson County, NJ

Recently reported by the 2010 Census, Hudson County, New Jersey decreased in housing units by 29,717, or 12%, since the 2000 Census-- the State of New Jersey increased in total real estate dwellings by 243,287, or 7%.

When compared to the United States, Hudson County has a medium amount of unoccupied residential properties. 23,898, or 8.8%, have been reported as vacant in Hudson County, New Jersey. Among these 23,898 vacant properties, 15.8% are the market to be sold, while 49.9% are listed for lease.

From 2000 to 2010, owner-occupied residential properties in Hudson County have increased by 1.4%. Reported in the 2010 Census, there were 79,063 (32.1%) residential properties occupied by owner, while 167,374 (67.9%) residential units were being rented. Hudson County has a greater amount of rentals than the State of New Jersey, which the Census reported had 34.6% of residential properties rented.

Compared to counties across the US, Hudson County has a very high level of residential housing units that are owned by minorities. 48.7% of housing units are owned and occupied by minorities in Hudson County; at the same time the US as a whole had 21.7% and in the State of New Jersey 23.0% of housing units are minority-owned.

Black is the group with the highest percent of rental in Hudson County. 76.1% the Black Census group reported renting in the 2010 Census.

Datasource:  U.S. Census Bureau, Census 2010 Summary File 1. For more information, please visit the US Census website or visit our Request Census Data section and file a request.

In Hudson County, New Jersey, the total number of workers for all sectors has decreased by 8,076 jobs between 2005 and 2010.

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Parent Category: New Jersey

Category: Hudson County, NJ

In Hudson County, New Jersey, the total number of workers for all sectors has decreased by 8,076 jobs between 2005 and 2010.

Out of the 216 industries with industry data reported by the BLS in each year, 93 accounted an for increase in employment during the period and 121 industry sectors accounting for employment declines during that time period.

Out of the 4-digit NAICS industries, the depository credit intermediation industry has accounted the most employment growth with a total of 1,608 employees finding new jobs in the industry. The employment growth in depository credit intermediation makes up 7.3% percent of the total growth in Hudson County, New Jersey between the years of 2005 and 2010.

Top 5 Growing Industries
1. Depository credit intermediation (+1608)
2. Insurance agencies and brokerages (+1527)
3. Department stores (+1315)
4. Building material and supplies dealers (+1270)
5. Accounting and bookkeeping services (+1003)

Of the area's industries (4-digit NAICS), the general medical and surgical hospitals industry experienced most substantial job loss, losing 8,206 jobs during the time period. The jobs lost in general medical and surgical hospitals make up 23.4% percent of the jobs lost during the period in Hudson County, New Jersey between 2005 and 2010.

Top 5 Declining Industries
1. General medical and surgical hospitals (-8,206)
2. Services to buildings and dwellings (-1,558)
3. Cut and sew apparel manufacturing (-1,494)
4. General freight trucking (-1,468)
5. Postal service (-1,401)

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).