Home / Select Cities  /  2024 Comparing Indianapolis, IN vs. Somerset, NJ

2024 Compare Cities Economy:
Indianapolis, IN vs Somerset, NJ

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Highlights
- Household income in Somerset, is 87% more than it is in Indianapolis and is 32% above the National Average.
- Indianapolis unemployment rate is 5.6%.
- Somerset unemployment rate is 6.3%.

Economy
 Indianapolis, INSomerset, NJUnited States
 Unemployment Rate5.6%6.3%6.0%
 Recent Job Growth2.5%-0.7%1.6%
 Future Job Growth37.5%23.7%33.5%
 Sales Taxes7.0%6.6%6.2%
 Income Taxes5.3%5.5%4.6%
 Income per Cap.$31,538$48,901$37,638
 Household Income$54,321$101,627$69,021
 Family Median Income$68,575$125,098$85,028
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 Est. Households By Income
 Indianapolis, INSomerset, NJUnited States
 Income Less Than 15K12.0%5.6%9.4%
 Income between 15K and 20K4.7%2.9%3.8%
 Income between 20K and 30K9.8%1.9%8.1%
 Income between 30K and 40K10.3%4.5%8.0%
 Income between 40K and 50K9.3%4.6%7.6%
 Income between 50K and 60K8.7%5.6%7.2%
 Income between 60K and 75K10.1%9.4%9.6%
 Income between 75K and 100K11.9%15.0%12.8%
 Income between 100K and 150K12.9%22.0%16.3%
 Income between 150K and 200K5.2%15.8%7.8%
 Income greater than 200K5.2%12.8%9.5%
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 Population By Occupation
 Indianapolis, INSomerset, NJUnited States
 Management, business, finance15.4%22.5%16.4%
 Engineering, computers, science5.5%13.4%6.5%
 Community, social services2.0%1.5%1.8%
 Legal1.4%1.3%1.2%
 Education, library5.1%6.3%6.2%
 Arts, design, media, sports, entertainment2.0%3.6%2.0%
 Healthcare practitioners and technology6.8%6.7%6.2%
 Healthcare support2.9%2.1%3.3%
 Firefighters, law enforcement1.8%2.7%2.1%
 Food preparation, serving5.6%5.1%5.4%
 Building maintenance3.2%1.4%3.6%
 Personal care2.3%2.2%2.6%
 Sales, office, administrative support20.9%17.2%20.9%
 Farming, fishing, forestry0.2%0.0%0.6%
 Construction, extraction, maintenance/repair6.9%4.6%8.1%
 Production, transportation, material moving17.9%9.3%13.1%

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Reviews for Indianapolis    154 Reviews

I lived in Indianapolis for over 23 years, and I really miss the laidback: easy lifestyle there. The prices of most items are lower than elsewhere in the US, including  More

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No car? This city is built for cars. Not friendly to pedestrians; the lack of sidewalks is confounding. Public transportation is limited, with a "spoke wheel" layout  More

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Over 3 years ago

This is a response to another review, but everything I say here is true and I have been a lifelong Indy resident and feel this needs said. The only factual part is  More

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Reviews for Somerset    7 Reviews

Over 10 years ago

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  More

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Over 12 years ago

best plce for 55+  More

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Over 17 years ago

Very nice place to live. Very  More

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ZIPS IN INDIANAPOLIS, INDIANA
46254, 46237, 46203, 46222, 46220, 46217, 46235, 46241, 46201, 46234, 27 total
ZIPS IN SOMERSET, NEW JERSEY
No Zip Codes Here.

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