Places/NJ/Union County, NJ
County profile

Union County, NJ

United States · GDP 2024
#114 of 3,127 US counties by GDP58th-percentile growthmore diversified than 98% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$51.9B
BEA · 2024
GDP growth (YoY)
+5.0%
BEA · 2024
Jobs tracked
208,505
Census CBP · 2023
Employers
14,276
Census CBP · 2023
Avg. wage
$81.6k
BLS QCEW · 2023
Population
601,863
Census PEP · 2025
Labor, income & education
Unemployment
4.6%
Median HH income
$103.2k±$2.7k
Bachelor's degree+
38.9%±0.8%
Poverty rate
9.2%±0.5%
Business applications
10,938 · 2025
Retail establishments
1,847
30.8/10k pop
Industry mix · employment
Health care26%
Retail trade21%
Wholesale trade15%
Transportation13%
Food & accommodation13%
Professional services12%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
601,863
residents · 2025 · +4.9% since 2020
Income per capita $85.2k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration27,452
International migration+42,596
Natural change+12,728

GDP trend

20192024 · nominal
$40.3B
2019
$38.8B
2020
$41.4B
2021
$46.2B
2022
$49.5B
2023
$51.9B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$529.2k±$8.3k
Median gross rent
$1.7k/mo±$23/mo
Vacancy rate
4.3%±0.4%
Affordability
6.5× wages
Residential permits
$201.5M
1,228 units · 2.0/1k pop
FEMA risk score
95.5
HUD Fair Market Rent (2BR):$2.2k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 99Winter weather 99Lightning 97
FHFA HOUSE PRICE INDEX · 20162025
849
2016
868
2017
898
2018
934
2019
963
2020
1058
2021
1199
2022
1320
2023
1440
2024
1519
2025
RESIDENTIAL PERMITS · 20212025
-62% since 2021
3,207
2021
3,147
2022
1,962
2023
1,696
2024
1,228
2025

Transport access

BTS · FAA · USACE
Nearest interstate
5.6 km
I-78
Nearest freight rail
0.7 km
NJT
Nearest port
9.5 km
PHILLIPS 66 REFINING CO., BAYWAY REFINERY PIERS A AND B
Nearest commercial airport
12.4 km
NEWARK LIBERTY INTL
Wage trend
BLS QCEW · 20192023
$81.6k
avg. annual pay · +15% since 2019
The read

What is the GDP of Union?

Union's economy produced $51.9B in 2024, growing 5.0% year over yearabout the middle of the pack among 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.