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Somerset, NJ
Full City Profile · New Jersey · Middlesex County County
3.9
/5.0
B+
Good
23,851
Population
3,768/sq mi density
$113,603
Median Income
$57,140 per capita
$408,600
Home Value
$563,690 Zillow
$2,050
Median Rent
33.0% income on rent
51°F
Avg Temperature
275 sunny days/yr
22
Violent Crime/100K
761 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$113,603 median income, 2.7% unemployment
A+
Affordability
4.7 / 5.0
$408,600 home value, $2,050/mo rent
F
Safety
1.0 / 5.0
22 violent crimes/100K
A+
Education
5.0 / 5.0
58.6% bachelor's degree or higher
Income Overview
Median Household Income
$113,603
51% above
US avg: $75,149
Per Capita Income
$57,140
46% above
US avg: $39,052
Unemployment Rate
2.7%
25% below
US avg: 3.6%
Poverty Rate
4.0%
68% below
US avg: 12.4%
Income Comparison: Somerset vs. U.S. Average
Each bar shows Somerset’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$113,603
151%
Per Capita
US: $39,052
$57,140
146%
IRS Avg AGI
US: $72,000
$97,759
136%
Avg Weekly Wage
US: $1,432
$1,585
111%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,585
11% above US avg ($1,432)
Mean Commute Time
34 min
24% above US avg (28 min)
Work From Home
17.1%
13% above US avg (15.2%)
Drive Alone
69.7%
5% below US avg (73.2%)
Public Transit
6.7%
33% above US avg (5.0%)
County GDP
$86,705M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
69.7%
Public Transit
6.7%
Work From Home
17.1%
Other
6.5%
Average commute time
34 minutes
US avg: 28 min
Business Landscape
Total Establishments
25,382
Restaurants
1,863
Healthcare
2,497
Retail
2,447
Manufacturing
649
Tax & Financial
IRS Avg Adjusted Gross Income
$97,759
36% above US avg ($72,000)
Avg Property Tax
$10,677
205% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $113,603 |
| Per Capita Income | $57,140 |
| IRS Avg Adjusted Gross Income | $97,759 |
| Avg Weekly Wage | $1,585 |
| County GDP | $86,705M |
Hardship Indicators
| Unemployment Rate | 2.7% |
| Poverty Rate | 4.0% |
| Gini Coefficient | 0.432 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 34 minutes |
| Drive Alone | 69.7% |
| Public Transit | 6.7% |
| Work From Home | 17.1% |
Businesses
| Total Establishments | 25,382 |
| Restaurants | 1,863 |
| Healthcare | 2,497 |
| Retail | 2,447 |
| Manufacturing | 649 |
Tax
| IRS Avg AGI | $97,759 |
| Avg Property Tax | $10,677 |