Somerset
Somerset is significantly wealthier than the US average, with a median household income of $51,896. Population has declined 4% since 2000. 34% of adults hold a bachelor's degree or higher, well above the national rate of 20%. Median home value is $163,300. Poverty is rare here, at 4.6% of residents. Households here earn about 27% more than the New Jersey median.
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How many people live in Somerset, New Jersey?
Somerset, New Jersey has about 22,070 residents according to the 1990 Census.
What is the median household income in Somerset, New Jersey?
The typical household in Somerset, New Jersey earns about $51,896 a year. Half of households make more than that, and half make less.
Is Somerset, New Jersey expensive?
In Somerset, New Jersey, the median home is worth about $163,300, and the typical rent is about $658 a month.
How educated are people in Somerset, New Jersey?
About 34.4% of adults age 25 and over in Somerset, New Jersey hold a bachelor's degree or higher.
What is the poverty rate in Somerset, New Jersey?
About 4.6% of people in Somerset, New Jersey live below the federal poverty line.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024