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Hudson County ranks highest in NJ for incoming investments

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The top 10 were determined by looking at the change in number of businesses over a three-year period, GDP growth, new building permits per 1,000 homes and federal funding per capita.
The top 10 were determined by looking at the change in number of businesses over a three-year period, GDP growth, new building permits per 1,000 homes and federal funding per capita. - ()

Hudson County comes in at No. 1, with 3.2 percent business growth, in a new SmartAsset study ranking counties in the state with the most incoming investments.

The top 10 counties in the state were determined by looking at the change in number of businesses over a three-year period, GDP growth, new building permits per 1,000 homes and federal funding per capita.

Hudson County also ranked highest in new building permits. Overall number three ranked Bergen County showed the highest GDP growth and Hunterdon County, absent from the ten top ranked counties, came in at number one for federal funding per capita, with $14,794.

The complete top 10 New Jersey counties with the most incoming investments are:

10. Atlantic

Incoming investment index: 30.04

Business growth: -1.9 %

 

9. Essex

Incoming investment index: 31.02

Business growth: -0.1%

 

8. Union

Incoming investment index: 31.83

Business growth: 0.8 %

 

7. Somerset

Incoming investment index: 32.06

Business growth: 1.1 %

 

6. Morris

Incoming investment index: 32.18

Business growth: -0.4 %

 

5. Monmouth

Incoming investment index: 32.57

Business growth: 2.1 %

 

4. Middlesex

Incoming investment index: 32.85

Business growth: 1.7 %

 

3. Bergen

Incoming investment index: 33.99

Business growth: 1.3 %

 

2. Ocean

Incoming investment index: 37.93

Business growth: 6.3 %

 

1. Hudson

Incoming investment index: 42.19

Business growth: 3.2 %

 

 

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Jessica Perry

Jessica Perry


Jessica is the Web Editor for NJBIZ. You can reach her at jperry@njbiz.com.

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