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Hoboken, NJ&

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1.3% growth
Median Age
Median Household Income
3.58% growth
Poverty Rate
Number of Employees
1.34% growth
Median Property Value
4.97% growth


The economy of Hoboken, NJ employs 35,382 people. The economy of Hoboken, NJ is specialized in Finance & Insurance; Information; and Professional, Scientific, Tech Services, which employ respectively 4.09; 3.25; and 3.13 times more people than what would be expected in a location of this size. The largest industries in Hoboken, NJ are Professional, Scientific, Tech Services (7,884), Finance & Insurance (6,891), and Educational Services (2,800), and the highest paying industries are Finance & Insurance ($103,051), Management of Companies & Enterprises ($86,071), and Utilities ($85,972).

Median household income in Hoboken, NJ is $118,479. Males in Hoboken, NJ have an average income that is 1.2 times higher than the average income of females, which is $79,350. The income inequality of Hoboken, NJ (measured using the Gini index) is 0.524 which is higher than the national average.


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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Hoboken, NJ. In Hudson County, NJ the age groups most likely to have health care coverage are 25-34 and 25-34, men and women, respectively. The location has a 1 to 53 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,894. Essex County, NJ has the highest prevalence of homicides of any county in New Jersey.


Clinician to Patient Rates

The closest comparable data for the census place of Hoboken, NJ is from the county of Hudson County, NJ.

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Hoboken, NJ is home to a population of 53,136 people, from which 91.7% are citizens. The ethnic composition of the population of Hoboken, NJ is composed of 38,355 White residents (72.2%), 8,145 Hispanic residents (15.3%), 4,607 Asian residents (8.67%), 1,058 Two+ residents (1.99%), and 918 Black residents (1.73%). The most common foreign languages in Hoboken, NJ are Spanish (4,318 speakers), Chinese (972 speakers), and Hindi (570 speakers), but compared to other places, Hoboken, NJ has a relative high number of Scandinavian (138 speakers), Hindi (570 speakers), and Italian (410 speakers).


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In 2015 universities in Hoboken, NJ awarded 2,430 degrees. The student population of Hoboken, NJ is skewed away from females, with 1,720 male students and 710 female students. Most students in Hoboken, NJ are Unknown (619 and 25.5%), followed by White (573 and 23.6%), Asian (170 and 7%), and Hispanic or Latino (117 and 4.81%). The largest universities in Hoboken, NJ by number of graduates are Stevens Institute of Technology (2,430 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Hoboken, NJ are Computer Science (178 and 7.33%), Mechanical Engineering (160 and 6.58%), and Electrical & Electronics Engineering (158 and 6.5%). The median tuition costs in Hoboken, NJ are N/A for private four year colleges, and $47,134 and $47,134 respectively, for public four year colleges for in-state students and out-of-state students.



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Housing & Living

The median property value in Hoboken, NJ is $621,300, which is 3.03 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $591,900 to $621,300, a 4.97% increase. The homeownership rate of Hoboken, NJ is 31.1%, which is lower than the national average of 63.6%. People in Hoboken, NJ have an average commute time of 37.2 minutes, and they commute by Public Transit. Car ownership in Hoboken, NJ is lower than the national average, with an average of 1 car per household.


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United States
New Jersey
Hudson County, NJ
New York-Newark-Jersey City, NY-NJ-PA Metro Area
metropolitan statistical area
Hudson County (Northeast)--Union City & Hoboken Cities PUMA
public use microdata area
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