HomeNew JerseyHudson County
Hudson County, New Jersey: commercial real estate data.
Hudson County, New Jersey has a population of 718,323 across 46 square miles, up 1.6 percent since the 2020 census base. 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.
123 sourced county values · tier FULL · 11 sections
Hudson County
How many people live in Hudson County
- Population718,323
- 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-equivalents93rd
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 a stretched ownership market and usually shows up as rental demand. 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 growing
- Population change since the 2020 census base1.56 percent
- Census 2020 base population724,855
- 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
The county has grown 1.56 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Hudson County
Where people moving to Hudson County come from
- Tax returns filed by households arriving30,404
- People arriving, from those returns41,192
- Adjusted gross income arriving$3.34 bn
- Net adjusted gross income movement$0
- Average income of an arriving household$109,974
- Largest single originHudson County Non-migrants (270,201 households)
- Largest single destination (270,201 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hudson County Non-migrants | 270,201 | 478,824 | $26.79 bn |
| 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 |
| Other flows - Different State | 2,356 | 3,230 | $208.9 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 |
The largest single source of arrivals is Hudson County Non-migrants, 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 the Hudson County economy runs on
- 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 New Jersey counties5th
- Rank by GDP among US county-equivalents83rd
- 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
Who employs people in Hudson County
- Covered employment, annual average273,729
- Establishments reporting19,208
- Average annual pay$94,901
- Average weekly wage$1,825
- Sector 52, employment38,779
- Sector 52, average annual pay$211,779
- Sector 62, employment33,117
- Sector 62, average annual pay$53,734
- Sector 44-45, employment24,361
- Sector 44-45, average annual pay$43,517
- Sector 48-49, employment23,186
- Sector 48-49, average annual pay$67,944
- Sector 72, employment20,673
- Sector 56, employment16,180
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 52 | 38,779 | 688 | $211,779 |
| Sector 62 | 33,117 | 4,893 | $53,734 |
| Sector 44-45 | 24,361 | 1,948 | $43,517 |
| Sector 48-49 | 23,186 | 822 | $67,944 |
| Sector 72 | 20,673 | 1,641 | $34,114 |
| Sector 56 | 16,180 | 852 | $58,088 |
| Sector 54 | 14,683 | 1,945 | $147,310 |
| Sector 31-33 | 9,788 | 403 | $92,843 |
The largest sector is the biggest private employer group at 38,779 jobs, 14.2 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Hudson County
What businesses operate 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.
US Census Bureau, County Business Patterns, 2023.
Hudson County
What is being built in Hudson County
- Housing units authorised by permit, 20245,136
- Declared construction value permitted$847.7 m
- Single family units authorised917
- Multifamily units authorised4,219
- Multifamily share of units82.1 percent
- Average declared value per unit$165,050
- Units authorised per 1,000 households17.1
Multifamily is 82.1 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Hudson County
How much SBA lending happens in Hudson County
- 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$834,000
- Distinct CDCs active5
- 504 jobs per approval13.7
- 504 jobs per million dollars approved9.7
- Most active CDCTrenton Business Assistance Corporation (42)
- 7(a) share of SBA approvals90.9 percent
- Combined SBA approval dollars$407.5 m
The average approval of $343,293 sits well above the median of $130,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually 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
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.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hudson County
Which parts of Hudson County get the lending
- Places in the county with recorded lending19
- JERSEY CITY, approvals322
- North Bergen, approvals103
- HOBOKEN, approvals101
- UNION CITY, approvals75
- Bayonne, approvals63
- KEARNY, approvals57
| Place | Approvals | Gross approval dollars |
|---|---|---|
| JERSEY CITY | 322 | $111,320,000 |
| 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 |
JERSEY CITY accounts for 322 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 big 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 boundary3
- 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.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
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.
- Population718,323
- 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?
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 growing?
The population has grown 1.56 percent since the 2020 census base. 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 there 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 the average wage in Hudson County?
Average annual pay is $94,901, or $1,825 a week, across 273,729 covered jobs. 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 totalling $288.7 m since FY2020, across 85 lenders, with a median approval of $130,000, plus 84 504 approvals worth $118.8 m. 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.
What is being built in Hudson County?
5,136 housing units were authorised 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 Hudson County Non-migrants, with 270,201 households. Arriving households report an average income of $109,974 against null 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.