New Jersey Information Technology Industry Overview
New Jersey, located in the Mid Atlantic region of the United States is one of the most densely populated among the 50 states in the country. The industrial revolution in the 19th century in the cities of Newark, Trenton, Jersey City and more saw the establishment of various factories. The process of suburbanization fuelled rapid growth that created a more urban setting. New Jersey is now home to the highest number of millionaires in the US with a per capita of around $37000. New Jersey has mostly done well when in terms of industrial statistics is concerned. The state ranks 7th in terms of per capita income when compared to other states in the US. The median household income comes around $70,000 and the median tech wages are 87% more than the national average. Overall, New Jersey offers 7.8 tech jobs per 1000 people in the state. New Jersey ranks 14th in the US, for the percentage of the workforce in tech jobs. That would be about 7.9% of the total tech workforce in the US. Innovation ranking shows the innovational capability of the state and New Jersey ranks 19th. The state has the highest tech job postings in the nation of around 122.2k. Browse
Project Manager Jobs in New Jersey,
Business Analyst Jobs in New Jersey,
SAP Jobs in New Jersey.
IT Job Trends In New Jersey
New Jersey is easily one of the best tech destinations among other US states. The Department of Labor & Workforce Development ensures that the state offers high employment opportunities in the IT sector. Most of the major software companies in the nation have a development centre in the state. The New Jersey Chamber of Commerce records that the state has net tech employment of 214K and ranks 11th in the country. Software and Web developer along with Information Technology manager are the two major tech job requirements in the state. Tech occupation in all sectors put together is approximately 212,500 in 2016. The numbers are on the upward swing YoY.
Trending IT Jobs In New Jersey
The leading tech occupation of NJ State IT jobs is Software and Web Developers with more than 50K people in this designation. Network Architects, Admins & Support staff ranks 2 followed by Systems & Cyber Security Analysts. Computer Support Specialist rank 4 while Database Administrator is the least preferred job. The leading tech industry in the state is the IT Services and Custom Software Services. This is followed by Engineering, R&D and Testing Services. Telecommunications and Internet Services rank 3 but you can expect a downward swing in the near future with negative growth. Tech manufacturing is close behind at rank 4. Entry level IT jobs in NJ have also seen a tremendous growth. The positive growth will make this sector improve its position in the near future. Software (Packaged) may not be a booming industry right now but with fewer than 7K in the sector.
IT Job Payscale In New Jersey
New Jersey ranks 4th for average tech wages in the country. The average annual pay in the tech industry is around $59k. The tech industry pays out an annual salary of $30K to $73K. Software, web developers and IT manager jobs in NJ receive major chunks of salary in the tech industry. The tech industry has an estimated direct economic impact of $56 billion, or about 10 per cent of the total New Jersey economy.
Best places for IT jobs in New Jersey
Jersey City is the best place to get IT jobs in New Jersey. It has total IT job postings of around 1400 and the number is increasing. Newark is close on heels with around 1300 job opening. Princeton, Parsipanny, Florham Park follow close behind with approximately 600 to 800 job postings. Places with least number of tech job postings are Camden, Basking Ridge and Moorestown.
IT Employment Rates in New Jersey
In emerging technology, New Jersey has 14.1k job postings. This includes Internet of Things, smart cities, drones, artificial intelligence, virtual and augmented reality and blockchain. Overall tech job posting is around 122.2K. Best startups are Axtria, OpenDoor Trading, and Drive Wealth. Major software companies include Deloitte, Verizon, JPMorgan, BNY Melon, Accenture and more. Browse for some of the
best IT jobs that promise a blooming career!