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Somerset, New Jersey 7 Reviews | Leave a Comment



Pros

-Arts and culture
-Economic center
-Education

Cons

-Cost of living and housing
-Crowded lifestyle
-Weak future job growth


What Bert Has To Say About New York-Northern New Jersey-Long Island Metro Area


New York is the largest metro area in the United States. It includes the island of Manhattan, an eight-county area immediately north, western Long Island, and Staten Island. It is the fourth largest in the world behind Tokyo, Mexico City, and Sao Paulo, Brazil. Regardless of how the area is defined, New York is among the richest and most complex places to live in America.


Highlights



Quick Facts About Somerset


    ECONOMY
    The unemployment rate in Somerset is 4.90 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Somerset jobs have Increased by 0.39 percent.
    COST OF LIVING
    Compared to the rest of the country, Somerset's cost of living is 29.50% Higher than the U.S. average.
    POPULATION
    As of 2014, Somerset's population is 22,790 people. Since 2000, it has had a population growth of 7.81 percent.
    TRANSPORTATION
    Average Commute time is 36 minutes. The National Average is 25 minutes.
    REAL ESTATE
    The median home cost in Somerset is $263,000. Home appreciation the last year has been 4.70 percent.
    SCHOOLS
    Somerset public schools spend $17,848 per student. The average school expenditure in the U.S. is $12,435. There are about 12.8 students per teacher in Somerset.

Best Places to Live in Somerset, New Jersey



Somerset Housing Market


It's a good time to buy in Somerset. Home Appreciataion is up 4.7% in the last 12 months. Browse Somerset Real Estate.
The median home price in Somerset is $263,000. Browse Homes in this Range.
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Comments


Somerset is expanding
Somerset is a good place to live because it is central to many of the businesses that are growing and therefore, it is expanding tremendously in new... (read more)
High School
High School has a lot of issues and... (read more)
Moving to Somerset
I am moving to Somerset. I have heard that Cost of living to too high in somerset. I am getting a pay Of $72,800.00 per year. Can I survive with this pay. I am moving... (read more)
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