CENSUS TRACT
Census Tract 543.01
New Jersey · Somerset County · 3,197 residents · 2.765 sq mi
Notable rankings
#2highest WFH in NJ#134 US51.5%#20highest old in NJ#463 US68.3 yrs#160highest commute in NJ39.9 min#178lowest low rent burden in NJ21.8%TRACT SHAPE · Somerset County, NJ
The short version
Census Tract 543.01 is significantly wealthier than the US average, with a median household income of $127,009. Population has declined 8% since 2020. 70% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $589,800. With a median age of 68.3, 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 68.3
US median: 38.9
More educated
70% 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
3,197
−8%since 2020
from 3,484 in 2020
2020 – 2024
Population density
1,156 / sq mi
−8%since 2020
from 1,260 / sq mi in 2020
US average: 281
Median age
68.3
+2%since 2020
from 67.0 in 2020
US average: 38.9
Population, 2020 – 2024
20243K
Section 02
Income & economy
Median household income
$127,009
+21%inflation adjusted, since 2020
from $86,940 in 2020
US average: $82,259
2020 – 2024
Per capita income
$85,723
+23%since 2020
from $69,450 in 2020
US average: $44,673
Households earning $100K+
72.2%
+9.5 ptssince 2020
from 62.7% in 2020
US average: 53.3%
Poverty rate
3.4%
+1.8 ptssince 2020
from 1.5% in 2020
US average: 12.5%
Income inequality (Gini)
0.411
−12%since 2020
from 0.465 in 2020
US average: 0.476
Workforce by industry, 2024
Other services11.5%
Public administration11.5%
Transportation & warehousing11.4%
Information5.7%
Arts, entertainment, food2.3%
Retail trade2.2%
Finance & insurance1.3%
Professional, scientific, technical1.3%
Wholesale trade1.2%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$589,800
+5%inflation adjusted, since 2020
from $464,900 in 2020
US average: $376,019
2020 – 2024
Owner-occupied
87.2%
−10.0 ptssince 2020
from 97.2% in 2020
12.8% rent
Vacancy rate
3.0%
−2.3 ptssince 2020
from 5.2% in 2020
US average: 10.0%
Owner cost-burdened
27.9%
−10.2 ptssince 2020
from 38.0% in 2020
US average: 22.9%
Renter cost-burdened
21.8%
+21.8 ptssince 2020
from 0.0% in 2020
US average: 47.4%
Afford Score
4.6
−13%since 2020
from 5.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 543.01 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic60.9%(2,122)
Black4.8%(168)
Hispanic / Latino7.8%(273)
Asian23.5%(817)
Other3%(104)
Diversity Score70.6%(2,459)
2024
White, non-Hispanic50.4%(1,610)
Black11.5%(367)
Hispanic / Latino5.6%(178)
Asian32.4%(1,037)
Other0.2%(5)
Diversity Score78.1%(2,497)
Diversity Score
78
+11%since 2020
from 71 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
69.5%
+10.0 ptssince 2020
from 59.5% in 2020
US average: 35.6%
High school or higher
97.4%
+1.6 ptssince 2020
from 95.8% in 2020
US average: 89.6%
Graduate degree
33.4%
+9.2 ptssince 2020
from 24.2% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
39.9 min
Unchangedsince 2020
from 39.9 min in 2020
US average: 26.5
Drive alone to work
44.1%
−21.5 ptssince 2020
from 65.6% in 2020
US average: 68.9%
Carpooled to work
0.0%
−1.5 ptssince 2020
from 1.5% in 2020
US average: 8.5%
Public transit
4.5%
−5.4 ptssince 2020
from 9.8% in 2020
US average: 3.2%
Worked from home
51.5%
+28.4 ptssince 2020
from 23.1% in 2020
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2020
from 0.0% 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
3.0%
+1.0 ptssince 2020
from 2.0% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
11.2%
−3.5 ptssince 2020
from 14.7% in 2020
US average: 5.2%
Labor force participation
40.8%
−3.1 ptssince 2020
from 43.9% in 2020
US average: 63.5%
Self-employed
24.1%
−7.0 ptssince 2020
from 31.1% in 2020
US average: 13.1%
Management & professional
71.6%
−2.0 ptssince 2020
from 73.5% in 2020
US average: 42.5%
Section 08
People & community
Male
44.6%
−1.3 ptssince 2020
from 45.9% in 2020
Female
55.4%
+1.3 ptssince 2020
from 54.1% in 2020
Foreign born
39.0%
+8.8 ptssince 2020
from 30.2% in 2020
US average: 14.1%
Veterans
5.9%
−0.9 ptssince 2020
from 6.8% in 2020
US average: 6.2%
With a disability
19.0%
+8.2 ptssince 2020
from 10.8% in 2020
US average: 13.3%
Uninsured
3.1%
+2.0 ptssince 2020
from 1.1% in 2020
US average: 8.4%
Broadband at home
95.1%
−2.8 ptssince 2020
from 97.9% in 2020
US average: 91.0%
English only at home
61.5%
−5.9 ptssince 2020
from 67.4% in 2020
US average: 77.7%
Spanish at home
3.8%
−1.2 ptssince 2020
from 5.0% in 2020
US average: 13.6%
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Compare Census Tract 543.01 to nearby tracts
CENSUS TRACT 543.01 VS
Census Tract 7.01
Income$159,167+25%
Home value$580,000−2%
Population3,447+8%
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CENSUS TRACT 543.01 VS
Census Tract 7.02
Income$150,313+18%
Home value$476,900−19%
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CENSUS TRACT 543.01 VS
Census Tract 511
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CENSUS TRACT 543.01 VS
Census Tract 512
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Frequently asked
How many people live in this census tract?
this census tract has about 3,197 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 $127,009 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 $589,800.
How educated are people in this census tract?
About 69.5% 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 3.4% of people in this census tract live below the federal poverty line.
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Containing area
Somerset CountyOther census tracts in Somerset County
Census Tract 541Census Tract 532Census Tract 531.05Census Tract 510Census Tract 542.01Census Tract 538.07Census Tract 521Census Tract 539.05Census Tract 537.05Census Tract 534.02Census Tract 533Census Tract 507.04Census Tract 538.05Census Tract 536.02Census Tract 523Census Tract 534.06DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024