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Union County, NJ

RANK #820 / 1001 NAT  ·  #20 / 21 NJ  ·  POP 579,290

1YR FORECAST: +0.2%

5YR OUTLOOK: +23%

Our model projects Union County's housing market at +0.2% over the next year, underperforming most U.S. counties.

[01] Why Union County?

Union County, New Jersey, distinguishes itself with towns like Cranford, often called the "Venice of New Jersey" due to its proximity to the Rahway River, offering paddle boating and scenic parks. Located in northeastern New Jersey, the county is about 20-25 miles west of New York City, making it a commuter-friendly area with various train and bus options. The community feel varies from upscale suburbs to vibrant urban centers, all while providing access to over 6,200 acres of parkland, including the 2,000-acre Watchung Reservation with hiking trails and a nature center.

Life in Union County attracts families and professionals, many of whom commute to nearby New York City or Newark. The county's public school systems are above average, with institutions like Union County Magnet High School ranking highly. The economy is diverse, with major investments in commercial and residential developments, industrial and logistics facilities, and infrastructure upgrades, including significant enhancements at Newark Liberty International Airport. Healthcare and social assistance, retail trade, and transportation and warehousing are notable employment sectors.

MARKET PROFILE

Educated Suburban Growth

Union County is one of 110 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +2.0% matches the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
15.4x

Overvalued relative to economy

Home Prices
+2.0%

Above national median

Climate & Terrain
0.1

Moderate climate & terrain

Price/Rent
18x

Above national median (15x)

Housing looks overvalued at 15.4x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Merck & Co. Healthcare
    50,000+
  2. 2
    Union County Government Government
    25,000+
  3. 3
    Educational Services (various institutions including Kean University and Union College of Union County, NJ) Education
  4. 4
    Retail Trade (various employers including Costco, Walmart, Target, Sam's Club, ALDI) Retail
  5. 5
    L'Oreal Other
  6. 6
    Fiserv Finance
  7. 7
    Port Authority of New York and New Jersey (Port Newark-Elizabeth Marine Terminal and Newark Liberty International Airport) Logistics
  8. 8
    Pivotal Utility Holdings Inc. (Elizabethtown Gas) Energy
  9. 9
    Deep Foods Manufacturing
  10. 10
    Unity Bank Finance

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Union County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
579,290
+1.18% YoY
Median Household Income
$103,202
Median Home Value
$529,200
+1.99% 12mo
Median Rent
$1,730
Average Annual Pay
$85,777
+1.7% YoY
Employment
231,305
+1.0% YoY
Income-to-Home-Value
0.195
Near national average
Migration Inflow
2.39%
of pop. from another state
Bachelor's Degree+
38.9%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$714,000
Days on Market
19
Very hot — homes selling fast
Months of Supply
2.3
Seller's market
Sale-to-List Ratio
105.1%
Homes selling above asking
Sold Above List
70.3%
Listings w/ Price Drops
14.1%
Building Permits (2025)
1,228
Single-Family Permits
162

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.4
per 100K · nat avg 6.3
Firearm Fatalities
3.8
per 100K · nat avg 14.8
Injury Deaths
57.7
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

C+
AIR QUALITY
GRADE
Median AQI (3yr)
51.0
Moderate
Good Air Days
47%
511 of 1,095 days
Unhealthy+ Days (3yr)
6
Includes 1 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
52
2022
49
2023
52
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$3,690M
TOTAL
PROJECT AMOUNT STATUS
Newark Liberty International Airport (EWR) Terminal A Redevelopment
Port Authority of New York and New Jersey
$2,700M Completed
Former General Motors Plant Redevelopment (Retail & Industrial/Warehousing)
Undisclosed Developers
$550M Under Construction
L'Oreal Research and Development Center
L'Oreal
$200M Under Construction
Sullivan Chevrolet Site Redevelopment (Residential & Retail) - Phase I
Undisclosed Developer
$140M Under Construction
Union Public Library
Union Township
$50M Under Construction
Community Solar Portfolio (Multiple Projects)
Various (e.g., Navisun LLC)
$50M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +1.2% 71 percentile
Income Growth +3.1% 59 percentile
Vacancy Rate 0.9% 55 percentile
Home Price Change +2.0% 55 percentile
Rent Growth +1.5% 26 percentile
Price/Rent 18x 29 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Union County, NJ a good place to move to?

The data is not encouraging — Union County scores just 17/100 on the Boom Town Index, ranking #820 of 1001 counties. Job growth at +1.0% and median household income of $103,202 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Union County affordable?

Union County leans toward the expensive side. A median home value of $529,200 against an income-to-home-value ratio of 0.20 means housing eats a bigger share of local earnings than the national norm. Renters face $1,730/month on average.

Is Union County growing or shrinking?

Union County's population is growing — up +1.2% YoY — while the job market is roughly flat (employment change of +1.0%). Home values shifted +2.0% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Union County?

There's a moderate stream of newcomers. About 2.39% of residents moved from another state, which is above average and suggests Union County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Burlington County, NJ 18 Hunterdon County, NJ 19 Somerset County, NJ 14 Middlesex County, NJ 21 Morris County, NJ 21 Essex County, NJ 24 Washoe County, NV 17 San Joaquin County, CA 17