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CENSUS TRACT

Census Tract 529.01

New Jersey · Somerset County · 948 residents · 4.847 sq mi
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526.04526.05527.01528529.05529.01
TRACT SHAPE · Somerset County, NJ
The short version

Census Tract 529.01 is significantly wealthier than the US average, with a median household income of $143,250. Population has held roughly steady since 2020. 62% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $792,100. With a median age of 50.3, the population is older than the US median of 38.9.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 50.3
US median: 38.9
More educated
62% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
948
+4%since 2020
from 915 in 2020
2020 – 2024
Population density
196 / sq mi
+4%since 2020
from 189 / sq mi in 2020
US average: 281
Median age
50.3
Unchangedsince 2020
from 50.5 in 2020
US average: 38.9
Population, 20202024
91292293294195120202024Census Tract 529.01
2024948
20202024
Section 02

Income & economy

Median household income
$143,250
−5%inflation adjusted, since 2020
from $124,219 in 2020
US average: $82,259
2020 – 2024
Per capita income
$115,732
+37%since 2020
from $84,580 in 2020
US average: $44,673
Households earning $100K+
63.9%
−3.2 ptssince 2020
from 67.1% in 2020
US average: 53.3%
Poverty rate
5.4%
−1.1 ptssince 2020
from 6.5% in 2020
US average: 12.5%
Income inequality (Gini)
0.590
Unchangedsince 2020
from 0.593 in 2020
US average: 0.476
Workforce by industry, 2024
Other services14.7%
US avg: 6.7%
Information14.5%
US avg: 10.8%
Public administration9.1%
US avg: 4.8%
Retail trade5.8%
US avg: 9.9%
Arts, entertainment, food3.8%
US avg: 1.9%
Wholesale trade2.4%
US avg: 6.9%
Transportation & warehousing1.4%
US avg: 2.2%
Finance & insurance1%
US avg: 5.9%
Professional, scientific, technical1%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$792,100
−5%inflation adjusted, since 2020
from $687,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,554
−37%inflation adjusted, since 2020
from $2,031 in 2020
US average: $1,442
Owner-occupied
87.1%
+7.5 ptssince 2020
from 79.6% in 2020
12.9% rent
Vacancy rate
5.5%
−6.0 ptssince 2020
from 11.5% in 2020
US average: 10.0%
Owner cost-burdened
48.7%
+0.3 ptssince 2020
from 48.4% in 2020
US average: 22.9%
Renter cost-burdened
45.5%
+20.5 ptssince 2020
from 25.0% in 2020
US average: 47.4%
Afford Score
5.5
Unchangedsince 2020
from 5.5 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 529.01 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic82.3%(753)
Black0.8%(7)
Hispanic / Latino11.8%(108)
Asian2.1%(19)
Other3.1%(28)
Diversity Score38.4%(352)
2024
White, non-Hispanic79.9%(757)
Black2.3%(22)
Hispanic / Latino10.4%(99)
Asian4.3%(41)
Other3.1%(29)
Diversity Score43.5%(413)
Diversity Score
44
+13%since 2020
from 38 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
61.7%
−1.8 ptssince 2020
from 63.6% in 2020
US average: 35.6%
High school or higher
97.8%
−2.2 ptssince 2020
from 100.0% in 2020
US average: 89.6%
Graduate degree
34.5%
+9.4 ptssince 2020
from 25.1% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
32.5 min
+6%since 2020
from 30.6 min in 2020
US average: 26.5
Drive alone to work
69.5%
−8.4 ptssince 2020
from 77.9% in 2020
US average: 68.9%
Carpooled to work
5.8%
+3.7 ptssince 2020
from 2.1% in 2020
US average: 8.5%
Public transit
2.2%
−3.4 ptssince 2020
from 5.6% in 2020
US average: 3.2%
Worked from home
20.7%
+11.8 ptssince 2020
from 8.9% in 2020
US average: 15.0%
Walked to work
1.8%
−3.8 ptssince 2020
from 5.6% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
0.7%
−0.7 ptssince 2020
from 1.4% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.2%
−4.3 ptssince 2020
from 11.5% in 2020
US average: 5.2%
Labor force participation
65.0%
+3.6 ptssince 2020
from 61.4% in 2020
US average: 63.5%
Self-employed
10.1%
+4.2 ptssince 2020
from 5.9% in 2020
US average: 13.1%
Management & professional
57.9%
+4.2 ptssince 2020
from 53.7% in 2020
US average: 42.5%
Section 08

People & community

Male
43.6%
−5.4 ptssince 2020
from 49.0% in 2020
Female
56.4%
+5.4 ptssince 2020
from 51.0% in 2020
Foreign born
16.1%
+2.9 ptssince 2020
from 13.2% in 2020
US average: 14.1%
Veterans
1.0%
−3.3 ptssince 2020
from 4.3% in 2020
US average: 6.2%
With a disability
12.4%
+7.4 ptssince 2020
from 5.0% in 2020
US average: 13.3%
Uninsured
5.8%
−0.6 ptssince 2020
from 6.4% in 2020
US average: 8.4%
Broadband at home
92.0%
+1.3 ptssince 2020
from 90.7% in 2020
US average: 91.0%
English only at home
79.1%
−5.8 ptssince 2020
from 84.9% in 2020
US average: 77.7%
Spanish at home
9.4%
−1.3 ptssince 2020
from 10.7% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 948 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $143,250 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $792,100, and the typical rent is about $1,554 a month.

How educated are people in this census tract?

About 61.7% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 5.4% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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