State Stats



. STATE STATS

The cost of doing business is higher in New Jersey than in most other states because employers must pay more for employee benefits, energy, taxes and other costs, an updated online edition of the Foundation's State Stats shows.
* State Stats with an asterisk feature in-depth commentary on the issues by NJPRO staff Population NJ Ranks Fourth in Asian Resident Population, 2005 NJ Ranks 16th in Black or African American Population, 2005 NJ Ranks 47th in Veterans in Civilian Population, 2005 NJ Ranks 44th in Persons with a Physical Disability, 2000 (Percent of Population) NJ Ranks 32nd in Percent of Population with Any Disability, 2000 NJ Ranks Ninth in Percent of Population that is of Hispanic or Latino Origin, July 2005 NJ Ranks 11th in High-Tech Workers Per 1000 Private Sector Workers, 2006 Quality of Life NJ Ranks 47th in Percentage of Population Below the Poverty Line, 2005 NJ Ranks 37th in Infant Mortality Rate, 2003 NJ Ranks Eighth in Doctors Per 100,000 Population, 2004 NJ Ranks 39th in Percentage of Owner-Occupied Housing Units, 2005 NJ Ranks First in Medicare Spending for Chronically Ill During Last Two Years of Life * NJ Ranks Third in Percentage of Roads Ranked in Poor Condition, 2003 NJ Ranks 12th in Average Retail Price for Transportation Consumers, 2005 NJ Ranks 28th in Motor Gasoline Expenditures Per Person, 2005 Taxation and Government NJ Ranks 14th in State/Local Taxes as a Percent of Per Capita Income, 2005 NJ Ranks 34th in Federal Aid to State and Local Governments Per Capita, 2003 NJ Ranks 17th in Top Capital Gains Tax Rates, 2003 NJ Ranks 34th in State Competitiveness Index * NJ Ranks 49th in the 2008 State Business Tax Climate Index * NJ Ranks 34th in the Nation in State and Local Government Full-Time Employment per 10,000 Residents, 2006 NJ Ranks 34th in Adjusted Unemployment Tax Rate, 2006 NJ Ranks 47th in State and Local Property Taxes as Share of Personal Income, 2005 NJ Ranks 45th in Top Corporate Income Tax Rate, 2008 NJ Ranks 47th in Top Personal Income Tax Rate, 2008 Economy NJ Ranks First in Median Monthly Housing Costs for Homeowners with Mortgages, 2005 NJ Ranks Third in Median Monthly Housing Costs for Renters, 2005 NJ Ranks 15th in Manufacturing Employment, 2006 * NJ Ranks 35th in Non-Farm Employment in Manufacturing, 2005 NJ Ranks First in Average Cost of Auto Insurance, 2004 NJ Ranks Eighth in Gross State Product, 2004 NJ Ranks 45th in Health Care Costs, 2004 NJ Ranks 21st in Workers Compensation Premiums, 2004 NJ Ranks 24th in Labor Force Participation, 16 Years and Over, 2005 NJ Ranks Seventh in Cost of Doing Business Index, 2005 * NJ Ranks Third in Employment Based Insurance Percentage of Privately Insured Persons, 2003 NJ Ranks Seventh in Number of Patents Per State, 2006 NJ Ranks 5th in Percent of Renter-Occupied Units that Spend 30 Percent or More of Household Income on Rent or Utilities, 2005 NJ Ranked Worst State to Operate a Small Business * NJ Ranks Second in Per-Capita Income, 2006 NJ Ranks 14th in Workers' Compensation Benefits Per $100 of Covered Wages, 2007 NJ Ranks 2nd in Overall New Economy/Innovation Index, 2007 NJ Ranks 8th in High-Tech Employment Percent Change, 2005-2006 NJ Ranks 3rd in Average High-Tech Wages, 2006 NJ Ranks 6th in Percent of Workforce Represented by a Union, 2007 NJ Has 21st Highest Unemployment Rate in the Nation in March 2009 NJ Ranks Last Among 50 States for Having the Worst Tax System for Small Businesses and Entrepreneurs NJ Ranks 24th on CNBC’s America’s Top States For Business ’09 Rankings * Energy NJ Ranks 11th in Average Retail Electric Price for Residential Consumers, 2005 NJ Ranks 11th in Average Retail Electric Price for Commercial Consumers, 2005 NJ Ranks Fourth in Average Retail Electric Price for Industrial Consumers, 2005 NJ Ranks 10th in Average Retail Electric Price for All Sectors, 2005 NJ Ranks 41st with Electric Utility Costs, 2004 Education NJ Ranks 23rd in Change in Total Revenue Receipts from Public K-12 Schools, 2002 NJ Ranks 49th in Higher Education Enrollment as a Percentage of Adult Population, 2003 NJ Ranks 1st in Expenditures For Public Schools K-12 Per student, Fall 2005 NJ Ranks 4th in Percentage of Revenue for Public Schools from Local Government, 2005-2006 NJ Ranks 50th in Percentage of Revenue for Public Schools from Federal Government, 2005-2006 NJ Ranks 4th in Average Salary of Public School Teachers, 2006

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