Vorhees: New Jersey's Thriving Hub for Business and Community (2023)

Unveiling the Economic Powerhouse

Vorhees Township, a vibrant municipality nestled in Camden County, New Jersey, has emerged as a formidable economic force, attracting businesses and residents alike. With its strategic location and exceptional infrastructure, Vorhees presents an unparalleled opportunity for growth and prosperity.

Key Economic Indicators

• Gross Domestic Product (GDP): $14.2 billion (2021)
• Median Household Income: $112,897 (2021)
• Unemployment Rate: 3.9% (2022)
• Business Establishments: 2,453 (2021)

Industry Diversity and Innovation

Vorhees is home to a diverse range of industries, including healthcare, technology, manufacturing, and finance. The township's strategic partnerships with renowned institutions like the University of Pennsylvania and Rowan University foster innovation and attract top talent.

The Vorhees Advantage

Strategic Location: Vorhees is situated at the intersection of major highways, providing seamless connectivity to Philadelphia, New York City, and the rest of the Northeast Corridor.

Efficient Infrastructure: The township boasts a state-of-the-art transportation system, utilities, and telecommunications infrastructure, ensuring businesses and residents have access to essential services.

Highly Educated Workforce: Vorhees has one of the highest concentrations of college graduates in New Jersey, providing businesses with a skilled and knowledgeable labor force.

Quality of Life: The township offers a high standard of living with excellent schools, parks, recreation facilities, and a vibrant community atmosphere.

Top Employers and Economic Drivers

• AmerisourceBergen: Pharmaceutical distribution company headquartered in Vorhees
• Campbell Soup Company: Global food and beverage giant with a major manufacturing facility in Vorhees
• Jefferson Health: Leading healthcare system operating Vorhees Hospital and other medical facilities
• Teva Pharmaceuticals: International pharmaceutical company with a significant presence in Vorhees
• CBRE: Commercial real estate services firm with a major office in Vorhees

Community-Oriented Initiatives

Vorhees Township is deeply committed to fostering a thriving community. The municipality offers numerous programs and services designed to support residents, businesses, and organizations.

• Economic Development Programs: Vorhees provides incentives, business assistance, and training programs to promote economic growth and job creation.
• Community Events: The township hosts an array of events throughout the year, including festivals, concerts, and farmers markets, fostering community engagement and economic activity.
• Arts and Culture: Vorhees is home to the renowned Clementon Park & Splash World, a popular amusement park and waterpark destination.

Conclusion

Vorhees, New Jersey, stands as a premier hub for economic prosperity and community well-being. Its strategic location, diverse economy, highly educated workforce, and unparalleled quality of life make it an ideal destination for businesses, residents, and investors seeking growth and opportunity. With continued commitment to innovation and community engagement, Vorhees is poised to maintain its status as a thriving economic and community powerhouse for years to come.

FAQs

1. What is the population of Vorhees Township?
   - 11,294 (2020 Census)

2. What is the tax rate in Vorhees Township?
   - 3.08% (2023)

3. What type of businesses are most common in Vorhees?
   - Healthcare, technology, manufacturing, and finance

4. What is a unique attraction in Vorhees?
   - Clementon Park & Splash World

5. Is Vorhees a desirable place to live?
   - Yes, with its high standard of living, excellent schools, and vibrant community atmosphere

6. What is the future economic outlook for Vorhees?
   - Positive, with continued investment in infrastructure, innovation, and community development

   

7. How can businesses benefit from locating in Vorhees?
   - Access to a skilled workforce, strategic location, and favorable business environment

8. What community initiatives are available in Vorhees?
   - Economic development programs, community events, and arts and culture initiatives

Tables

Table 1: Key Economic Indicators

Table 2: Top Employers

Table 3: Community Programs

Table 4: Education and Workforce