Jersey City is the second-most-populous city in the U.S. state of New Jersey, after Newark. Part of the New York metropolitan area, Jersey City is bounded on the east by the Hudson River and Upper New York Bay and on the west by the Hackensack River and Newark Bay. A port of entry, with of waterfront and significant rail connections, the city is an important transportation terminus and distribution and manufacturing center for the Port of New York and New Jersey. Financial and service industries as well as direct rapid transit access to Manhattan in New York City have played a prominent role in the redevelopment of the Jersey City waterfront and the creation of one of the nations largest downtown central business districts. After a peak population of 316,715 measured in the 1930 Census, the citys population saw a half-century-long decline to a low of 223,532 in the 1980 Census. Since then, the citys population has grown, with the 2010 population reflecting an increase of 7,542 from the 240,055 counted in the 2000 Census, which had in turn increased by 11,518 from the 228,537 counted in the 1990 Census.