Somerset, NJ
Demographics And Statistics
Living In Somerset, New Jersey Summary
Life in Somerset research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Somerset over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Somerset:
The population in Somerset is 24,246.
The median home value in Somerset is $498,134.
The median income in Somerset is $110,859.
The cost of living in Somerset is 121 which is 1.2x higher than the national average.
The median rent in Somerset is $1,962.
The unemployment rate in Somerset is 5.4%.
The poverty rate in Somerset is 6.2%.
The average high in Somerset is 62.9° and the average low is 41.6°.
Table Of Contents
Somerset SnackAbility
Overall SnackAbility
Somerset, NJ Cost Of Living
Cost of living in Somerset summary. We use data on the cost of living to determine how expensive it is to live in Somerset. Real estate prices drive most of the variance in cost of living around New Jersey. Key points include:
The cost of living in Somerset is 121 with 100 being average.
The cost of living in Somerset is 1.2x higher than the national average.
The median home value in Somerset is $498,134.
The median income in Somerset is $110,859.
Somerset's Overall Cost Of Living
Higher Than The National Average
Cost Of Living In Somerset Comparison Table
| Living Expense | Somerset | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 121 | 111 | 100 | |
| Services | 109 | 104 | 100 | |
| Groceries | 107 | 104 | 100 | |
| Health | 91 | 95 | 100 | |
| Housing | 163 | 130 | 100 | |
| Transportation | 110 | 106 | 100 | |
| Utilities | 111 | 108 | 100 | |
Somerset, NJ Weather
The average high in Somerset is 62.9° and the average low is 41.6°.
There are 77.5 days of precipitation each year.
Expect an average of 48.3 inches of precipitation each year with 23.3 inches of snow.
| Stat | Somerset |
|---|---|
| Average Annual High | 62.9 |
| Average Annual Low | 41.6 |
| Annual Precipitation Days | 77.5 |
| Average Annual Precipitation | 48.3 |
| Average Annual Snowfall | 23.3 |
Average High
Days of Rain
Rankings for Somerset in New Jersey
Locations Around Somerset
Map Of Somerset, NJ
Best Places Around Somerset
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Somerset Demographics And Statistics
Population over time in Somerset
The current population in Somerset is 24,246. The population has increased 8.3% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2022 | 24,246 | -1.1% |
| 2021 | 24,527 | -1.0% |
| 2020 | 24,779 | 3.3% |
| 2019 | 23,989 | -1.7% |
| 2018 | 24,409 | 0.1% |
| 2017 | 24,375 | 2.8% |
| 2016 | 23,703 | 4.0% |
| 2015 | 22,790 | 4.0% |
| 2014 | 21,921 | -2.1% |
| 2013 | 22,385 | - |
Race / Ethnicity in Somerset
Somerset is:
34.0% White with 8,238 White residents.
30.0% African American with 7,264 African American residents.
0.0% American Indian with 0 American Indian residents.
20.9% Asian with 5,063 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.2% Other with 54 Other residents.
4.2% Two Or More with 1,030 Two Or More residents.
10.7% Hispanic with 2,597 Hispanic residents.
| Race | Somerset | NJ | USA |
|---|---|---|---|
| White | 34.0% | 53.0% | 58.9% |
| African American | 30.0% | 12.4% | 12.1% |
| American Indian | 0.0% | 0.1% | 0.6% |
| Asian | 20.9% | 9.8% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.2% | 0.7% | 0.4% |
| Two Or More | 4.2% | 2.8% | 3.5% |
| Hispanic | 10.7% | 21.2% | 18.7% |
Gender in Somerset
Somerset is 51.2% female with 12,418 female residents.
Somerset is 48.8% male with 11,828 male residents.
| Gender | Somerset | NJ | USA |
|---|---|---|---|
| Female | 51.2% | 50.7% | 50.4% |
| Male | 48.8% | 49.3% | 49.6% |
Highest level of educational attainment in Somerset for adults over 25
2.0% of adults in Somerset completed < 9th grade.
2.0% of adults in Somerset completed 9-12th grade.
17.0% of adults in Somerset completed high school / ged.
12.0% of adults in Somerset completed some college.
8.0% of adults in Somerset completed associate's degree.
35.0% of adults in Somerset completed bachelor's degree.
19.0% of adults in Somerset completed master's degree.
2.0% of adults in Somerset completed professional degree.
3.0% of adults in Somerset completed doctorate degree.
| Education | Somerset | NJ | USA |
|---|---|---|---|
| < 9th Grade | 2.0% | 4.0% | 4.0% |
| 9-12th Grade | 2.0% | 5.0% | 6.0% |
| High School / GED | 17.0% | 26.0% | 26.0% |
| Some College | 12.0% | 16.0% | 20.0% |
| Associate's Degree | 8.0% | 7.0% | 9.0% |
| Bachelor's Degree | 35.0% | 25.0% | 21.0% |
| Master's Degree | 19.0% | 12.0% | 10.0% |
| Professional Degree | 2.0% | 3.0% | 2.0% |
| Doctorate Degree | 3.0% | 2.0% | 2.0% |
Household Income For Somerset, New Jersey
3.7% of households in Somerset earn Less than $10,000.
2.6% of households in Somerset earn $10,000 to $14,999.
4.1% of households in Somerset earn $15,000 to $24,999.
3.0% of households in Somerset earn $25,000 to $34,999.
4.3% of households in Somerset earn $35,000 to $49,999.
11.4% of households in Somerset earn $50,000 to $74,999.
16.7% of households in Somerset earn $75,000 to $99,999.
21.3% of households in Somerset earn $100,000 to $149,999.
15.0% of households in Somerset earn $150,000 to $199,999.
18.0% of households in Somerset earn $200,000 or more.
| Income | Somerset | NJ | USA |
|---|---|---|---|
| Less than $10,000 | 3.7% | 4.1% | 4.9% |
| $10,000 to $14,999 | 2.6% | 3.0% | 3.8% |
| $15,000 to $24,999 | 4.1% | 5.4% | 7.0% |
| $25,000 to $34,999 | 3.0% | 5.7% | 7.4% |
| $35,000 to $49,999 | 4.3% | 8.2% | 10.7% |
| $50,000 to $74,999 | 11.4% | 13.2% | 16.1% |
| $75,000 to $99,999 | 16.7% | 11.6% | 12.8% |
| $100,000 to $149,999 | 21.3% | 18.0% | 17.1% |
| $150,000 to $199,999 | 15.0% | 11.5% | 8.8% |
| $200,000 or more | 18.0% | 19.2% | 11.4% |
