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Economic Atlas
Places/NJ/Essex
County profile

Essex

United States · GDP 2024
#70 of 3,127 US counties by GDP71st-percentile growthmore diversified than 96% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$76.2B
GDP growth
+6.3%
Jobs tracked
295,575
Employers
19,392
Avg. wage
$84.3k
Population
896,379
Labor & formation
Unemployment
5.1%
Median HH income
$80.8k±$1.6k
Business applications
17,350 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Prudential Financial, Inc.Financial Services$60.8B66B2Automatic Data Processing, Inc.Industrials$20.6B79B+3Public Service Enterprise Group IncorporatedUtilities$12.1B80B+4IDT CorporationCommunication Services$1.2B76B+5Genie Energy Ltd.Utilities$502.0M64C6IDW Media Holdings, Inc.Communication Services$36.1M——7Laser Master International, Inc.Industrials$19.5M——8Milestone Scientific Inc.Healthcare$9.0M41D9Gaxos.ai Inc.Technology$1.9M34D10BILI Social International, Inc.Communication Services$1.9M63C11Rafael Holdings, Inc.Real Estate$30.0k23D

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care32%
Transportation18%
Retail trade15%
Food & accommodation14%
Professional services11%
Admin & support10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
896,379
residents · 2025 · +4.2% since 2020
Income per capita $82.9k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−45,986
International migration+64,457
Natural change+17,611

GDP trend

2019–2024 · nominal
$58.3B
2019
$54.5B
2020
$59.4B
2021
$66.4B
2022
$71.7B
2023
$76.2B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$524.1k±$11.1k
Median gross rent
$1.5k/mo±$19/mo
Vacancy rate
5.1%±0.3%
Affordability
6.2× wages
Residential permits
3,657 (4.1/1k pop)
FEMA risk score
97.7
HUD Fair Market Rent (2BR):$2.2k/mo · 2026
TOP PERILS · FEMA NRI
Heat wave 99Strong wind 99Winter weather 97
FHFA HOUSE PRICE INDEX · 2016–2025
933
2016
969
2017
999
2018
1033
2019
1072
2020
1177
2021
1319
2022
1463
2023
1602
2024
1695
2025

Transport access

BTS · FAA · USACE
Nearest interstate
0.2 km
I-280
Nearest freight rail
1.7 km
NJT
Nearest port
7.5 km
LINDE-GRIFFITH CONSTRUCTION CO. WHARF
Nearest commercial airport
12.2 km
NEWARK LIBERTY INTL
Filing activity
SEC EDGAR

41 filings from 9 companies here in the last 90 days.

8-KRafael Holdings, Inc.07-08
DEF 14AGaxos.ai Inc.07-02
8-KPublic Service Enterprise Group Incorporated07-01
8-KAutomatic Data Processing, Inc.06-26
8-KGaxos.ai Inc.06-25
8-KMilestone Scientific Inc.06-25
DEF 14AMilestone Scientific Inc.06-22
8-KRafael Holdings, Inc.06-11
10-QRafael Holdings, Inc.06-11
8-KIDT Corporation06-11
Wage trend
BLS QCEW · 2019–2023
$84.3k
avg. annual pay · +16% since 2019
Similar US counties
nearest by GDP
Western Connecticut$76.3BNew Castle$76.0BNorfolk$75.1BMorris$74.4BPinellas$78.1BDouglas$73.8B
The read

Essex's economy produced $76.2B in 2024, growing 6.3% year over year — faster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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