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==Economy== ===Healthcare industry=== City Hall has promoted the nickname "The [[Health Care]] City" to reflect the importance of the healthcare industry to its economy.<ref>Carroll, Dore. [https://web.archive.org/web/20070504110608/http://www.nj.com/specialprojects/index.ssf?%2Fspecialprojects%2Fnjcities%2Fnewbrunswick.html "New Brunswick: Medical field at hub of this transformation The county seat in Middlesex is hoping to become America's 'health care city'"], ''[[The Star-Ledger]]'', August 29, 2004, backed up by the [[Internet Archive]] as of May 4, 2007. Accessed December 13, 2009.</ref> The city is home to the world headquarters of [[Johnson & Johnson]], along with several medical teaching and research institutions.<ref name="We Are the Healthcare City">[https://www.newbrunswick.com/pub/listing/the_healthcare_city We Are the Healthcare City] {{Webarchive|url=https://web.archive.org/web/20191213213141/https://www.newbrunswick.com/pub/listing/the_healthcare_city |date=December 13, 2019 }}, City of New Brunswick. Accessed December 13, 2019. "To be a distinguished center of medicine, you need the winning combination of the best research, human talent, and teaching. Leading in all three, New Brunswick has earned the reputation of being the region's "Healthcare City." The city has five nationally-recognized hospitals, global biotechnology and pharmaceutical corporations, internationally-recognized medical research facilities, and is part of the country's largest medical school."</ref> Described as the first [[magnet school|magnet]] secondary school program teaching directly affiliated with a [[teaching hospital]] and a medical school, [[New Brunswick Health Sciences Technology High School]] is a public high school, that operates as part of the [[New Brunswick Public Schools]], focused on [[health sciences]].<ref>Capuzzo, Jill C. [https://www.nytimes.com/2001/01/21/nyregion/education-when-high-school-is-much-more.html "Education; When High School Is Much More"] {{Webarchive|url=https://web.archive.org/web/20170510083020/http://www.nytimes.com/2001/01/21/nyregion/education-when-high-school-is-much-more.html |date=May 10, 2017 }}, ''[[The New York Times]]'', January 21, 2001. Accessed December 13, 2019. "When they are not at the hospital, students are taking classes, many of which integrate health science-related themes, at the modular three-story building down the block. Touted as New Jersey's first 'option school' affiliated with a teaching hospital and medical school, the Health Sciences Technology School, opened last May for New Brunswick high school students interested in exploring careers in health care."</ref> ===Urban Enterprise Zone=== Portions of the city are part of an [[Urban Enterprise Zone]] (UEZ), one of 32 zones covering 37 municipalities statewide. New Brunswick was selected in 2004 as one of two zones added to participate in the program.<ref>[https://www.state.nj.us/dca/affiliates/uez/publications/pdf/tax_q&a_052709.pdf ''Urban Enterprise Zone Tax Questions and Answers''] {{Webarchive|url=https://web.archive.org/web/20160112140210/http://www.state.nj.us/dca/affiliates/uez/publications/pdf/tax_q%26a_052709.pdf |date=January 12, 2016 }}, [[New Jersey Department of Community Affairs]], May 2009. Accessed October 28, 2019. "Legislation was amended again in 2004 to include Gloucester City and New Brunswick, creating a total of 32 zones in 37 municipalities."</ref> In addition to other benefits to encourage employment and investment within the Zone, shoppers can take advantage of a reduced 3.3125% [[sales tax]] rate (half of the {{frac|6|5|8}}% rate charged statewide) at eligible merchants.<ref>[https://www.nj.gov/dca/affiliates/uez/about/ Urban Enterprise Zone Program] {{Webarchive|url=https://web.archive.org/web/20190721130311/https://www.nj.gov/dca/affiliates/uez/about/ |date=July 21, 2019 }}, [[New Jersey Department of Community Affairs]]. Accessed October 27, 2019. "Businesses participating in the UEZ Program can charge half the standard sales tax rate on certain purchases, currently 3.3125% effective 1/1/2018"</ref> Established in December 2004, the city's Urban Enterprise Zone status expires in December 2024.<ref>[https://www.nj.gov/dca/affiliates/uez/publications/pdf/ZONE%20EXPIRATION%20DATES%20-%202018.pdf Urban Enterprise Zone Effective and Expiration Dates] {{Webarchive|url=https://web.archive.org/web/20190923185010/https://www.nj.gov/dca/affiliates/uez/publications/pdf/ZONE%20EXPIRATION%20DATES%20-%202018.pdf |date=September 23, 2019 }}, [[New Jersey Department of Community Affairs]]. Accessed January 8, 2018.</ref><ref>[https://www.cityofnewbrunswick.org/residents/departments/planning___development/economic_development/index.php Economic Development] {{Webarchive|url=https://web.archive.org/web/20191119201426/https://www.cityofnewbrunswick.org/residents/departments/planning___development/economic_development/index.php |date=November 19, 2019 }}, City of New Brunswick. Accessed November 19, 2019.</ref>
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