New Jersey Demography
New Jersey is home to a population of approximately 9,290,841 people. With an annual growth rate of 5.65%, the state continues to experience steady population growth. The population over 18 years old in New Jersey is estimated to be around 7,339,764 individuals.
New Jersey Business Landscape
New Jersey boasts a thriving business landscape, with a GDP of $806,890 million in 2023. The state's GDP growth rate stands at an impressive 8.7%. Corporate tax in New Jersey is set at 11.5%. As of 2024, there are 330,241 registered businesses in the state, with a yearly change rate of 6.7%.
Ruby-on-Rails Development Services Globally and in New Jersey
The global market size for Ruby-on-Rails Development services is valued at $1,664,694, with a growth rate of 2.6%. The United States holds a significant share of approximately 65% in this market, amounting to $1,082,051.
In New Jersey, Ruby-on-Rails Development services are in high demand, catering to the growing needs of businesses in the state. With its robust business landscape, New Jersey provides a fertile ground for the development and implementation of Ruby-on-Rails projects.
Ruby-on-Rails Development Services in the US
The United States is a major player in the Ruby-on-Rails Development market, with a significant market share. The country's advanced technological infrastructure and thriving business ecosystem make it an ideal hub for Ruby-on-Rails Development services.
Top New Jersey Cities: Economic Insights
New Jersey is home to several economically important cities, each contributing to the state's overall growth and development. Here are some key insights into the top cities:
| City | Population (2023) | Income per Capita |
|---|---|---|
| Somerset | 326,207 | $47,803 |
| Sussex | 147,924 | $37,949 |
| Burlington | 449,964 | $36,835 |
| Union | 540,568 | $35,089 |
| Warren | 108,150 | $33,555 |
| Cape May | 96,684 | $32,948 |
| Camden | 513,512 | $30,592 |
| Salem | 65,825 | $28,772 |
| Passaic | 502,854 | $27,152 |
Ruby-on-Rails Development Price in New Jersey
When it comes to the pricing of Ruby-on-Rails Development services in New Jersey, the following breakdown is observed:
- 35.1% of projects have a budget below $10,000
- 37.1% of projects have a budget between $10,000 and $50,000
- 19.3% of projects have a budget between $50,000 and $200,000
- 1.2% of projects have a budget between $200,000 and $1 million
- 0.2% of projects have a budget between $1 million and $10 million
- 0.2% of projects have a budget over $10 million
On average, a Ruby-on-Rails Development project in New Jersey is estimated to cost around $55,783.