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Somerset, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for Somerset.

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Community Insights

Highly Educated
33% bachelor's · 21% graduate
top 5% nationally
High Incomes
$119k/year
top 9% nationally
Leading Industries
Healthcare · Arts, Food & Hospitality · Professional Services
20% healthcare
Home Value Growth⬆⬆⬆
+21.9% over 2 years
Young Adults
30% of residents
above average nationally
Homeowners
71% of occupied units

People & Demographics

Total Population23,617
Households—
Under 18
20.0%
Age 18–34
30.0%
Age 35–64
33.0%
Age 65+
17.0%
Veterans
4.0%
Active Duty
0.0%

Housing & Living

Median Home Value$449,899
Median Gross Rent$2,290/mo
Owner Occupied
70.7%
Renter Occupied
29.3%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$119,340
Poverty Rate—

Key Industries

Healthcare20.0%
Professional Services3.0%
Manufacturing0.0%
Retail9.0%
Education2.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities64 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
33.0%
Master's or Higher
21.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Somerset?›

The total population of Somerset is approximately 23,617. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Somerset walkable and transit-friendly?›

Based on local geographic data, Somerset has an amenity and walkability score of 64/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Somerset?›

The housing market in Somerset is predominantly driven by homeowners, with 71% of housing units being owner-occupied and 29% being renter-occupied.

What is the education level of residents in Somerset?›

In Somerset, approximately 33% of adult residents hold a bachelor's degree or higher. Additionally, 21% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.