Toms River, New Jersey, may be known for its proximity to the shore, scenic landscapes, and small-town charm. However, beneath this picturesque facade lies a vibrant and thriving economy driven by diverse industries. Over the years, Toms River has evolved from a quiet community to a bustling commerce, entrepreneurship, and development center. Several key business sectors contribute to the city's growth, providing a robust foundation for local employment, investment, and innovation. This article will explore the primary industries shaping Toms River’s economy and highlight the unique opportunities and challenges they bring.
Healthcare: A Pillar of Strength and Expansion
One of the most significant business sectors in Toms River is healthcare. The city has numerous healthcare facilities, ranging from large hospitals to specialized clinics and rehabilitation centers. The Community Medical Center, a regional leader in healthcare services, serves as a cornerstone of the city’s healthcare infrastructure. Offering everything from emergency services to advanced cancer treatments, the hospital draws patients from Toms River and surrounding towns, ensuring a steady flow of economic activity in this sector.
Beyond the hospital system, Toms River boasts a range of specialty healthcare providers. From physical therapy centers to senior care facilities, the healthcare ecosystem in Toms River is vast and continually expanding to meet the needs of its aging population. In addition to hospitals and clinics, the area supports a robust network of mental health services and addiction recovery programs, offering residents a comprehensive approach to healthcare.
The healthcare industry in Toms River isn’t just about medical services; it’s also a significant job creator. Professionals in nursing, medical administration, and healthcare technology all find ample employment opportunities in the region. Furthermore, the focus on innovation in patient care has led to increasing demand for cutting-edge medical technologies and services, ensuring that the healthcare sector will continue to grow.
Education: Building the Future of Toms River
Education plays a vital role in Toms River’s local economy in terms of workforce development and community engagement. The Toms River Regional School District, one of the largest in New Jersey, serves thousands of students across multiple schools, contributing to the educational fabric of the community. The public school system has long been a major employer in the area, with teachers, administrative staff, and support personnel working together to provide quality education to the next generation of Toms River residents.
Beyond K-12 education, Toms River is also home to Ocean County College (OCC), a thriving institution of higher education. Ocean County College plays a crucial role in the community by offering affordable and accessible education to many students, from recent high school graduates to adults looking to enhance their career prospects. The college’s emphasis on workforce training and skills development helps to align education with the needs of local businesses, making it a key player in Toms River’s economy.
The presence of higher education institutions also benefits the local economy by attracting out-of-town students, who in turn support local businesses. Rental properties, restaurants, bookstores, and other retail establishments benefit from the influx of students each semester. Moreover, Ocean County College has pioneered online education, expanding its reach beyond Toms River’s borders and allowing students to access programs from anywhere.
Tourism and Hospitality: Fueling the Seasonal Economy
Toms River’s location near the Jersey Shore makes it a popular destination for tourists, particularly during the summer when visitors flock to the area for its beaches, parks, and recreational activities. Tourism and hospitality have long been integral to the local economy, providing jobs and business opportunities ranging from hotel management to restaurant ownership.
The Toms River waterfront, in particular, has seen significant growth in terms of tourism. Activities such as boating, fishing, and kayaking draw locals and tourists, contributing to a bustling economy that thrives during the warmer months. Waterfront restaurants and entertainment venues take advantage of the seasonal influx of visitors, creating a unique blend of commerce and leisure.
However, tourism is more than just a seasonal affair in Toms River. The city hosts numerous festivals and events annually, attracting visitors even in the off-season. One of the most famous events is the Toms River Halloween Parade, one of the largest in the world, drawing crowds from all over the region. Events like these contribute to the local economy by increasing hotel bookings, restaurant sales, and retail activity.
The hospitality industry, which includes hotels, motels, and vacation rentals, is another vital contributor to Toms River’s economy. Many businesses cater to the seasonal demand for accommodations, while others, like year-round bed-and-breakfast establishments, provide a more consistent revenue flow. The success of the tourism and hospitality sectors directly influences other industries, such as retail and transportation, creating a ripple effect throughout the local economy.
Small Business and Entrepreneurship: The Backbone of the Community
While large institutions like hospitals and schools play critical roles in Toms River’s economy, small businesses and entrepreneurs form the true backbone of the local community. From family-owned restaurants and boutique shops to professional services and regional artisans, Toms River has cultivated an environment supporting small business growth. The town’s entrepreneurial spirit is evident in the various businesses that thrive here.
The Toms River Chamber of Commerce actively supports local entrepreneurs, offering resources such as business counseling, networking opportunities, and small business loans. In addition, regional initiatives such as farmers’ markets and “shop local” campaigns encourage residents to support homegrown businesses, helping to strengthen the local economy.
The small business landscape in Toms River is diverse. Downtown Toms River, with its walkable streets and charming storefronts, is a hub for unique businesses ranging from coffee shops to specialty clothing stores. Additionally, the rise of home-based businesses and digital startups has broadened the entrepreneurial opportunities available in the town. Many local entrepreneurs are capitalizing on the growing demand for e-commerce, creating online businesses serving local and global customers.
Small businesses in Toms River also benefit from the town’s proximity to major transportation routes, such as the Garden State Parkway, which makes it easy for consumers from neighboring areas to access local shops and services. As more entrepreneurs set up shop in Toms River, the town continues to foster a vibrant and resilient economy that reflects the ingenuity and determination of its residents.
