Somerset SnackAbility
Overall SnackAbility
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 134 with 100 being average.
The cost of living in Somerset is 1.3x higher than the national average.
The median home value in Somerset is $567,275.
The median income in Somerset is $121,028.
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 | 134 | 125 | 100 |
| Services | 108 | 107 | 100 |
| Groceries | 113 | 113 | 100 |
| Health | 177 | 155 | 100 |
| Housing | 113 | 116 | 100 |
| Transportation | 116 | 112 | 100 |
| Utilities | 111 | 113 | 100 |
Source: Cost of living index, normalized to US average = 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
Source: NOAA climate normals (30-year)
Rankings & Articles For Somerset
Locations Around Somerset
Map Of Somerset, NJ
Best Places Around Somerset
Martinsville, NJ
Population 11,559
Florham Park, NJ
Population 13,564
Bradley Gardens, NJ
Population 14,165
Westfield, NJ
Population 31,111
Green Knoll, NJ
Population 6,789
Middlesex, NJ
Population 14,645
Mountainside, NJ
Population 7,049
Twin Rivers, NJ
Population 8,382
Mendham, NJ
Population 4,973
Bernardsville, NJ
Population 7,916
Somerset Demographics And Statistics
Population over time in Somerset
The current population in Somerset is 22,720. The population has increased 1.5% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2024 | 22,720 | -4.7% |
| 2023 | 23,851 | -1.6% |
| 2022 | 24,246 | -2.3% |
| 2021 | 24,827 | 2.9% |
| 2020 | 24,119 | -1.6% |
| 2019 | 24,509 | -0.1% |
| 2018 | 24,527 | -1.0% |
| 2017 | 24,779 | 3.3% |
| 2016 | 23,989 | -1.7% |
| 2015 | 24,409 | 0.1% |
| 2014 | 24,375 | 2.8% |
| 2013 | 23,703 | 4.0% |
| 2012 | 22,790 | 4.0% |
| 2011 | 21,921 | -2.1% |
| 2010 | 22,385 | - |
Race / Ethnicity in Somerset
See the full breakdown
Somerset is:
32.7% White with 7,432 White residents.
28.1% African American with 6,384 African American residents.
0.1% American Indian with 16 American Indian residents.
23.1% Asian with 5,249 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.5% Other with 110 Other residents.
3.9% Two Or More with 885 Two Or More residents.
11.6% Hispanic with 2,644 Hispanic residents.
| Race | Somerset | NJ | USA |
|---|---|---|---|
| White | 32.7% | 50.9% | 57.4% |
| African American | 28.1% | 12.2% | 11.9% |
| American Indian | 0.1% | 0.1% | 0.5% |
| Asian | 23.1% | 10.0% | 5.9% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.5% | 0.8% | 0.6% |
| Two Or More | 3.9% | 3.5% | 4.3% |
| Hispanic | 11.6% | 22.5% | 19.3% |
Gender in Somerset
See the full breakdown
Somerset is 50.4% female with 11,456 female residents.
Somerset is 49.6% male with 11,264 male residents.
| Gender | Somerset | NJ | USA |
|---|---|---|---|
| Female | 50.4% | 50.8% | 50.5% |
| Male | 49.6% | 49.2% | 49.5% |
Highest level of educational attainment in Somerset for adults over 25
See the full breakdown
1.0% of adults in Somerset completed < 9th grade.
3.0% of adults in Somerset completed 9-12th grade.
15.0% of adults in Somerset completed high school / ged.
12.0% of adults in Somerset completed some college.
7.0% of adults in Somerset completed associate's degree.
36.0% of adults in Somerset completed bachelor's degree.
21.0% 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 | 1.0% | 4.0% | 4.0% |
| 9-12th Grade | 3.0% | 5.0% | 6.0% |
| High School / GED | 15.0% | 25.0% | 26.0% |
| Some College | 12.0% | 15.0% | 19.0% |
| Associate's Degree | 7.0% | 7.0% | 9.0% |
| Bachelor's Degree | 36.0% | 26.0% | 22.0% |
| Master's Degree | 21.0% | 13.0% | 10.0% |
| Professional Degree | 2.0% | 3.0% | 2.0% |
| Doctorate Degree | 3.0% | 2.0% | 2.0% |
Household Income For Somerset, New Jersey
See the full breakdown
4.1% of households in Somerset earn Less than $10,000.
0.5% of households in Somerset earn $10,000 to $14,999.
4.0% of households in Somerset earn $15,000 to $24,999.
2.7% of households in Somerset earn $25,000 to $34,999.
4.0% of households in Somerset earn $35,000 to $49,999.
10.1% of households in Somerset earn $50,000 to $74,999.
15.7% of households in Somerset earn $75,000 to $99,999.
22.0% of households in Somerset earn $100,000 to $149,999.
16.1% of households in Somerset earn $150,000 to $199,999.
20.7% of households in Somerset earn $200,000 or more.
| Income | Somerset | NJ | USA |
|---|---|---|---|
| Less than $10,000 | 4.1% | 4.1% | 5.0% |
| $10,000 to $14,999 | 0.5% | 2.7% | 3.4% |
| $15,000 to $24,999 | 4.0% | 4.8% | 6.3% |
| $25,000 to $34,999 | 2.7% | 5.1% | 6.6% |
| $35,000 to $49,999 | 4.0% | 7.6% | 10.1% |
| $50,000 to $74,999 | 10.1% | 12.8% | 15.5% |
| $75,000 to $99,999 | 15.7% | 11.3% | 12.6% |
| $100,000 to $149,999 | 22.0% | 18.1% | 17.5% |
| $150,000 to $199,999 | 16.1% | 11.8% | 9.6% |
| $200,000 or more | 20.7% | 21.6% | 13.4% |
Source: U.S. Census ACS 5-year estimates (2024)
