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CENSUS TRACT

Census Tract 537.05

New Jersey · Somerset County · 6,888 residents · 1.245 sq mi
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537.04537.06537.07538.04538.06537.05
TRACT SHAPE · Somerset County, NJ
The short version

Census Tract 537.05 is significantly wealthier than the US average, with a median household income of $131,727. Population has grown 20% since 2020. 56% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $340,200. Poverty is rare here, at 2.3% of residents.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 37.0
US median: 38.9
More educated
56% 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
6,888
+20%since 2020
from 5,728 in 2020
2020 – 2024
Population density
5,533 / sq mi
+20%since 2020
from 4,601 / sq mi in 2020
US average: 281
Median age
37.0
−1%since 2020
from 37.3 in 2020
US average: 38.9
Population, 20202024
6K6K6K7K7K20202024Census Tract 537.05
20247K
20202024
Section 02

Income & economy

Median household income
$131,727
−4%inflation adjusted, since 2020
from $112,732 in 2020
US average: $82,259
2020 – 2024
Per capita income
$76,720
+20%since 2020
from $64,178 in 2020
US average: $44,673
Households earning $100K+
78.0%
+10.3 ptssince 2020
from 67.7% in 2020
US average: 53.3%
Poverty rate
2.3%
+0.8 ptssince 2020
from 1.5% in 2020
US average: 12.5%
Income inequality (Gini)
0.417
Unchangedsince 2020
from 0.415 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade19.5%
US avg: 9.9%
Information9.1%
US avg: 10.8%
Arts, entertainment, food6.5%
US avg: 1.9%
Other services5.7%
US avg: 6.7%
Finance & insurance5.3%
US avg: 5.9%
Professional, scientific, technical4.9%
US avg: 5.1%
Public administration3.6%
US avg: 4.8%
Transportation & warehousing3.3%
US avg: 2.2%
Wholesale trade0.7%
US avg: 6.9%
Education & health services0.4%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$340,200
+11%inflation adjusted, since 2020
from $253,200 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,981
−12%inflation adjusted, since 2020
from $1,866 in 2020
US average: $1,442
Owner-occupied
71.9%
−9.1 ptssince 2020
from 81.0% in 2020
28.1% rent
Vacancy rate
0.0%
−9.8 ptssince 2020
from 9.8% in 2020
US average: 10.0%
Owner cost-burdened
17.7%
−8.5 ptssince 2020
from 26.2% in 2020
US average: 22.9%
Renter cost-burdened
44.4%
+13.7 ptssince 2020
from 30.6% in 2020
US average: 47.4%
Afford Score
2.6
+15%since 2020
from 2.2 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 537.05 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic55%(3,153)
Black6.5%(372)
Hispanic / Latino9.3%(535)
Asian22.2%(1,272)
Other6.9%(396)
Diversity Score78.7%(4,511)
2024
White, non-Hispanic55.7%(3,838)
Black3.8%(259)
Hispanic / Latino20.4%(1,403)
Asian13.8%(949)
Other6.4%(439)
Diversity Score77.9%(5,369)
Diversity Score
78
−1%since 2020
from 79 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
55.7%
+2.2 ptssince 2020
from 53.5% in 2020
US average: 35.6%
High school or higher
95.0%
+0.2 ptssince 2020
from 94.8% in 2020
US average: 89.6%
Graduate degree
24.7%
+5.9 ptssince 2020
from 18.9% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
29.0 min
−2%since 2020
from 29.6 min in 2020
US average: 26.5
Drive alone to work
66.8%
−11.2 ptssince 2020
from 78.0% in 2020
US average: 68.9%
Carpooled to work
4.7%
−2.5 ptssince 2020
from 7.2% in 2020
US average: 8.5%
Public transit
0.6%
−1.8 ptssince 2020
from 2.4% in 2020
US average: 3.2%
Worked from home
25.9%
+14.3 ptssince 2020
from 11.6% in 2020
US average: 15.0%
Walked to work
1.8%
+1.0 ptssince 2020
from 0.8% 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
5.9%
+2.6 ptssince 2020
from 3.2% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.5%
+3.6 ptssince 2020
from 1.0% in 2020
US average: 5.2%
Labor force participation
85.8%
+8.7 ptssince 2020
from 77.2% in 2020
US average: 63.5%
Self-employed
14.2%
+6.3 ptssince 2020
from 7.9% in 2020
US average: 13.1%
Management & professional
56.1%
−4.7 ptssince 2020
from 60.8% in 2020
US average: 42.5%
Section 08

People & community

Male
49.4%
+0.2 ptssince 2020
from 49.1% in 2020
Female
50.6%
−0.2 ptssince 2020
from 50.9% in 2020
Foreign born
22.4%
−8.5 ptssince 2020
from 30.9% in 2020
US average: 14.1%
Veterans
4.4%
+0.6 ptssince 2020
from 3.8% in 2020
US average: 6.2%
With a disability
11.8%
+2.7 ptssince 2020
from 9.1% in 2020
US average: 13.3%
Uninsured
3.9%
+0.7 ptssince 2020
from 3.2% in 2020
US average: 8.4%
Broadband at home
93.5%
−1.2 ptssince 2020
from 94.7% in 2020
US average: 91.0%
English only at home
67.1%
−6.3 ptssince 2020
from 73.4% in 2020
US average: 77.7%
Spanish at home
13.6%
+8.1 ptssince 2020
from 5.5% 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 6,888 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 $131,727 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 $340,200, and the typical rent is about $1,981 a month.

How educated are people in this census tract?

About 55.7% 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 2.3% 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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