New Brunswick Economy: Top Employers, Biggest Industries & Best Jobs in New Brunswick

New Brunswick Economy Guide

If you're considering relocating to the city of New Brunswick, NJ, one of the most important factors to consider is the local economy. Knowing what jobs are available in your area and understanding how they contribute to the overall health of a region can be invaluable when researching potential new homes. Here's an in-depth look at the economy of New Brunswick from employers to industries and what potential advantages you can find there.

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Top Employers in New Brunswick

Who are the Largest Employers in New Brunswick, NJ?

New Brunswick is home to Johnson & Johnson's world headquarters. This healthcare and pharmaceutical manufacturing giant is one of the top employers in the area and one of the best to work for.

Another major employer in New Brunswick is Rutgers University. Rutgers is the State University of New Jersey and hires a tremendous workforce of professors, support staff, researchers, administrators, and other staff members.

Known as The Healthcare City, New Brunswick offers Saint Peter's University Hospital, Robert Wood Johnson University Hospital, the Cancer Institute of New Jersey, and the Bristol-Myers Squibb Children's Hospital. These facilities hire many professionals, from doctors and nurses to scientists and researchers.

The final major employer in New Brunswick is Middlesex County. New Brunswick is the county's seat of government, so many state and county jobs are available, including elected officials, administrators, and other state employees.

Additional Large Companies in New Brunswick

  • Saint Peter's University Hospital
  • Kellton Tech Solutions
  • Universal Nutrition
  • S.S. White
  • Magyar Bank
  • New Brunswick Public Schools

Information via Zippia.com

New Brunswick Economy Facts & Figures

Per Capita Personal Income in New Brunswick, NJ

When you move to a new area, it can be hard to grasp what the economy looks like. How many people work in the area, and what's the average salary? These types of questions can help you understand more about the core of your new location and the potential opportunities for you. Here are a few facts and figures about the economy of New Brunswick.

  • The current population of New Brunswick is approximately 56,000.
  • Sales tax rates in New Brunswick are lower than the national average, at 6.6% vs. 7.3%.
  • The median income in 2020 was around $43,930 per household.
  • The median property value is around $267,200.
  • The average commute time to work is around 27.8 minutes.

New Brunswick Industries

One of the major industries in New Brunswick is educational services. Rutgers University has a campus in New Brunswick and is one of the major employers in the area. Additionally, many academic jobs are available in local school districts, including teachers and support staff. 

Top Industries in New Brunswick, NJ

Another significant industry in New Brunswick is administrative support, including waste management services. With so many schools, healthcare facilities, and manufacturing plants in the area, there is a strong need for a support workforce, ranging from front office jobs, janitorial services, and accounting and financial team members.

Manufacturing is another key industry that employs a significant portion of New Brunswick's population. As mentioned earlier, Johnson & Johnson has their world headquarters in New Brunswick, so its manufacturing facilities hire for different roles. As a manufacturer of healthcare and pharmaceutical retail goods, Johnson & Johnson is a major American corporation and the name behind brands like Band-Aid, Tylenol, Neutrogena, Clean & Clear, and Johnson's baby products.

Finally, food services and retail are other significant industries in New Brunswick.

Top Industries in New Brunswick

  • Educational Services
  • Administrative, Support, & Waste Management
  • Health Care & Social Assistance
  • Retail Trade
  • Accommodation & Food Services
  • Manufacturing

Find Your Next Opportunity in New Brunswick

New Brunswick's economy is only one component of understanding what your new home is really like, but it's an important one. Factors like job opportunities, major industries and employers, and basic facts about New Brunswick are all important to know beforehand. Between these indicators and other benefits like riverfront parks and educational opportunities, it's no wonder over 50,000 people call the city home.

Buying or Selling
a New Brunswick Home?

Work With the #1 Real Estate Team in New Jersey Now!

Robert Dekanski

Thinking about moving to New Brunswick? Call The Dekanski Home Selling Team of RE/MAX 1st Advantage with New Jersey Real Estate Network at (800) 691-0485 to reach experienced real estate agents who can help you find the New Brunswick home of your drams.

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