At a Glance
Median Income
$113,603
$57,140 per capita
Home Value
$408,600
Zillow: $578,473
Median Rent
$2,050/mo
33.0% of income on rent
Bachelor's Degree+
58.6%
96.0% high school+
Unemployment
3.8%
4.0% poverty rate
Obesity Rate
27.7%
8.2% smoking rate
How Somerset Compares to the U.S. Average
Each bar shows Somerset's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Somerset a Good Place to Live?
A+
4.8 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Somerset residents earn a median household income of $113,603 , which is 51% above the national average of $75,149.
Per capita income is $57,140. The unemployment rate stands at 3.8% (6% above the U.S. rate of 3.6%). 4.0% of residents live below the poverty line. The area is home to 25,382 business establishments, including 1,863 restaurants.
Housing & Cost of Living
The median home value in Somerset is $408,600 , 45% above the national median of $281,900.
Zillow estimates the typical home at $578,473. Median rent is $2,050/month, with 33.0% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1979.
Education
58.6% of adults in Somerset hold a bachelor's degree or higher
(74% above the national average).
96.0% have completed high school. Local schools score 7.3/10 in standardized testing.
Climate & Weather
Somerset has an average annual temperature of 54°F (12°C).
Winters average 32°F in January while summers reach 76°F in July. Annual precipitation totals 49.5 inches. Air quality is rated Good with a median AQI of 36.
Data Overview
People
Population23,851
Median Age40.9 yrs
Density3,768/mi²
Male / Female49% / 51%
Foreign Born27.5%
Veterans3.3%
Economy
A+
Median Income$113,603
Per Capita$57,140
Unemployment3.8%
Poverty4.0%
County GDP$86,705M
Avg Weekly Wage$1,585
Housing
A+
Home Value$408,600
Rent$2,050
Ownership73.1%
Zillow$578,473
Housing Units10,333
Rent Burden33.0%
Health
Obesity27.7%
Diabetes9.3%
Smoking8.2%
Heart Disease3.9%
Premature Death5,499/100K
Climate
Avg Temp54°F
Rain49.5 in/yr
AQI36 (Good)
Elevation111 ft
Education
A+
Bachelor's+58.6%
High School+96.0%
Graduate+24.2%
School Score7.3/10
Community
2024 VoteR 44% / D 53%
Commute34 min
Broadband97.0%
Internet Speed118 Mbps
EV Stations4
Libraries32
Did You Know?
The median home in Somerset was built in 1979.
17.1% work from home.
The nearest airport is Central Jersey Regional (5 miles).
The Gini coefficient (income inequality) is 0.432 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
9.0% of the population has a disability.
27.5% of residents are foreign-born.
Average internet download speed is 118 Mbps.
There are 1,863 restaurants in the area.
The county recorded 64 fatal vehicle crashes.