HomeNew JerseyHudson County
Hudson County, New Jersey: commercial real estate data.
Hudson County, New Jersey had an estimated 736,185 residents on July 1, 2024, up 1.6 percent since the 2020 census base of 724,855, across 46 square miles. County output reached $65.74 bn in 2024, 14,119 establishments operate here, and the SBA record carries 841 7(a) approvals worth $288.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hudson County
How many people live in Hudson County
- Population, American Community Survey 2020-2024718,323
- Households299,682
- Average household size2.40
- Median household income$91,795
- Median age35.8
- Median gross rent$1,894 per month
- Median owner-occupied home value$539,700
- Home value to household income5.9 times
- Annual rent as a share of median income24.8 percent
- Adults 25 and over with a bachelor degree or higher48.9 percent
- Adults 25 and over with a graduate degree20.3 percent
- Adults 25 and over521,013
- Population under 18141,994
- Share under 1819.8 percent
- Population 65 and over90,793
- Share 65 and over12.6 percent
- Working age population, 18 to 64485,536
- Civilian labor force414,727
- Unemployment rate6.0 percent
- Labor force participation, adults 18 and over72.0 percent
- Rank by population among New Jersey counties4th of 21
- Rank by population among US county-equivalents, Puerto Rico included93rd of 3,222
Hudson County is the 4th largest of 21 New Jersey counties by population. A median home costs 5.9 times median household income, which is severely unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 19.8 percent against 12.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Hudson County
Is Hudson County's population growing?
- Population, July 1, 2024736,185
- Census 2020 base population724,855
- Population change since the 2020 census base1.56 percent
- Population change, 2023 to 202414,865
- Births, 20248,287
- Deaths, 20243,970
- Natural change, 20244,317
- Net domestic migration, 2024-12,735
- Net international migration, 202423,357
- Total net migration, 202410,622
- Cumulative net domestic migration, 2021 to 2024-61,906
- Rank by growth among US county-equivalents1310th of 3,144
The county has grown 1.56 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Hudson County
Where are people moving to Hudson County from?
- Tax returns filed by households arriving30,404
- People arriving, from those returns41,192
- Tax returns filed by households leaving31,650
- Net household movement-1,246
- Adjusted gross income arriving$3.34 bn
- Net adjusted gross income movement$-920.1 m
- Average income of an arriving household$109,974
- Average income of a leaving household$134,715
- Largest single originNew York County (3,881 households)
- Largest single destinationBergen County (3,834 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| New York County | 3,881 | 5,141 | $679.7 m |
| Bergen County | 2,470 | 3,424 | $245.3 m |
| Kings County | 2,384 | 3,390 | $243.8 m |
| Queens County | 1,939 | 2,825 | $186.2 m |
| Essex County | 1,866 | 2,795 | $151.8 m |
| Middlesex County | 1,146 | 1,515 | $110.9 m |
| Union County | 919 | 1,361 | $84.9 m |
| Bronx County | 910 | 1,393 | $47.3 m |
Households arriving report $24,741 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is New York County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Hudson County
What is the Hudson County economy?
- County GDP, 2024$65.74 bn
- County GDP, 2023$62.69 bn
- GDP change, 2023 to 20244.9 percent
- GDP change over five years35.5 percent
- Rank by GDP among the New Jersey areas BEA publishes5th of 21
- Rank by GDP among the US county areas BEA publishes83rd of 3,127
- GDP per resident$91,513
Output grew 4.9 percent in the latest year and 35.5 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Hudson County
Employment by industry in Hudson County
- Covered employment, annual average273,729
- Establishments reporting19,208
- Average annual pay$94,901
- Average weekly wage$1,825
- Finance and insurance, employment38,779
- Finance and insurance, average annual pay$211,779
- Health care and social assistance, employment33,117
- Health care and social assistance, average annual pay$53,734
- Retail trade, employment24,361
- Retail trade, average annual pay$43,517
- Transportation and warehousing, employment23,186
- Transportation and warehousing, average annual pay$67,944
- Accommodation and food services, employment20,673
- Administrative and support and waste management services, employment16,180
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Finance and insurance | 38,779 | 688 | $211,779 |
| Health care and social assistance | 33,117 | 4,893 | $53,734 |
| Retail trade | 24,361 | 1,948 | $43,517 |
| Transportation and warehousing | 23,186 | 822 | $67,944 |
| Accommodation and food services | 20,673 | 1,641 | $34,114 |
| Administrative and support and waste management services | 16,180 | 852 | $58,088 |
| Professional, scientific and technical services | 14,683 | 1,945 | $147,310 |
| Manufacturing | 9,788 | 403 | $92,843 |
Finance and insurance is the largest private sector at 38,779 jobs, 14.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Hudson County
How many businesses are in Hudson County?
- Establishments, all industries14,119
- Employment at those establishments253,652
- Annual payroll$24.24 bn
- Establishments per 1,000 residents19.7
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Hudson County
Building permits in Hudson County
- Housing units authorized by permit, 20245,136
- Declared construction value permitted$847.7 m
- Single family units authorized917
- Multifamily units authorized4,219
- Multifamily share of units82.1 percent
- Average declared value per unit$165,050
- Units authorized per 1,000 households17.1
Multifamily is 82.1 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Hudson County
SBA loans in Hudson County (7(a) and 504)
- 7(a) approvals recorded841
- 7(a) gross approval dollars$288.7 m
- Average 7(a) approval$343,293
- Median 7(a) approval$130,000
- 10th percentile approval$25,000
- 90th percentile approval$900,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)6,397
- Jobs per approval7.6
- Distinct 7(a) lenders active85
- Distinct industries receiving approvals251
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer8.8 percent
- Loans on real estate terms74
- Loans on working capital terms, 120 months or shorter734
- Franchise loans74
- Franchise share of approvals8.8 percent
- Leading industry by approval countFull-Service Restaurants (46)
- Most active lenderTD Bank, National Association (202)
- 504 approvals recorded84
- 504 gross approval dollars$118.8 m
- Average 504 approval$1,414,190
- Median 504 approval$830,000
- Distinct CDCs active5
- 504 jobs per approval13.7
- 504 jobs per million dollars approved9.7
- Most active CDCTrenton Business Assistance Corporation (42)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$407.5 m
The average approval of $343,293 sits well above the median of $130,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 8.8 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hudson County
SBA loan default and charge-off rates in Hudson County
Do SBA loans in Hudson County get paid back?
- Loans with a final outcome recorded125
- Paid in full92
- Charged off33
- Charge-off rate on resolved loans26.4 percent
- Status: Paid in full92
- Status: Exempt from disclosure532
- Status: Cancelled139
- Status: Charged off33
- Status: Committed, not yet disbursed45
Of the 125 loans that have reached a final outcome, 26.4 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hudson County
SBA lending by place in Hudson County
- Borrower cities with recorded lending18
- Jersey City, approvals323
- North Bergen, approvals103
- Hoboken, approvals101
- Union City, approvals75
- Bayonne, approvals63
- Kearny, approvals57
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Jersey City | 323 | $111,813,700 |
| North Bergen | 103 | $39,249,500 |
| Hoboken | 101 | $30,889,500 |
| Union City | 75 | $20,478,100 |
| Bayonne | 63 | $17,626,700 |
| Kearny | 57 | $22,971,600 |
| West New York | 47 | $12,576,900 |
| Secaucus | 28 | $10,654,500 |
| 10 other borrower cities | 44 | $22,448,800 |
Jersey City accounts for 323 approvals against 103 in North Bergen. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hudson County
How large is Hudson County?
- Land area46 sq mi
- Rank by land area among New Jersey counties21st of 21
- Width, east to west9.4 mi
- Height, north to south12.5 mi
- Geographies sharing a boundary4
- Residents per square mile of land15,616
- Establishments per square mile306.93
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Hudson County
Flood risk in Hudson County
- Communities in the county in the NFIP Community Status Book11
- Of those, participating in the NFIP11
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Hudson County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The EPA places Hudson County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Hudson County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Hudson County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024718,323
- Households299,682
- Average household size2.40
- Median household income$91,795
- Median age35.8
Common questions
Hudson County questions, answered from the record.
How many people live in Hudson County, New Jersey?
The Census Bureau estimates 736,185 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 718,323, in 299,682 households, ranking 4th of 21 New Jersey counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hudson County's population growing?
The population has grown 1.56 percent since the 2020 census base of 724,855, to 736,185 on July 1, 2024. In 2024 there were 8,287 births against 3,970 deaths, with net migration of 10,622. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hudson County?
$91,795. The median owner-occupied home is valued at $539,700, which is 5.9 times income, and median gross rent is $1,894 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Hudson County?
14,119 establishments, employing 253,652 people with an annual payroll of $24.24 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Hudson County?
Finance and insurance is the largest private sector at 38,779 jobs, 14.2 percent of covered employment. Covered employment averages 273,729 jobs at an average annual pay of $94,901, or $1,825 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hudson County?
841 7(a) approvals totaling $288.7 m since FY2020, across 85 lenders, with a median approval of $130,000, plus 84 504 approvals worth $118.8 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Hudson County get paid back?
Of the 125 loans that have reached a final outcome, 92 were paid in full and 33 charged off, a charge-off rate of 26.4 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Hudson County?
5,136 housing units were authorized by permit in 2024, with a declared construction value of $847.7 m. Multifamily was 82.1 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hudson County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Hudson County come from?
The largest single origin is New York County, with 3,881 households. Arriving households report an average income of $109,974 against $134,715 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Hudson County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Hudson County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Hudson County
Cities and places in Hudson.
10 Census places lie wholly or partly in Hudson County. All 10 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Jersey City | city | 294,078 | 323 | Wholly in this county |
| Bayonne | city | 71,553 | 63 | Wholly in this county |
| Union City | city | 66,463 | 75 | Wholly in this county |
| Hoboken | city | 58,668 | 101 | Wholly in this county |
| West New York | town | 52,004 | 47 | Wholly in this county |
| Kearny | town | 40,614 | 57 | Wholly in this county |
| Secaucus | town | 21,778 | 28 | Wholly in this county |
| Harrison | town | 20,369 | 13 | Wholly in this county |
| Guttenberg | town | 11,754 | 12 | Wholly in this county |
| East Newark | borough | 2,497 | None recorded | Wholly in this county |
A further 122 of the county's 841 SBA 7(a) approvals are to borrowers in cities that match no Census place in Hudson County, the largest being North Bergen (103), Weehawken (10), South Kearny (2). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
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