2025 Compare Cities Economy:
Park City, UT vs Somerset, NJ

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Highlights
- Household income in Somerset, is 16% less than it is in Park City and is 32% above the National Average.
- Park City unemployment rate is 2.8%.
- Somerset unemployment rate is 6.3%.
 Park City, UTSomerset, NJUnited States
 Unemployment Rate  Unlock6.3%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth39.6%  Unlock33.5%
 Sales Taxes8.7%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$80,032  Unlock$37,638
 Household Income  Unlock$101,627$69,021
 Family Median Income$153,162  Unlock$85,028
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 Est. Households By Income
 Park City, UTSomerset, NJUnited States
 Income Less Than 15K  Unlock5.6%9.4%
 Income between 15K and 20K0.8%  Unlock3.8%
 Income between 20K and 30K  Unlock1.9%8.1%
 Income between 30K and 40K5.0%  Unlock8.0%
 Income between 40K and 50K  Unlock4.6%7.6%
 Income between 50K and 60K3.3%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K10.0%  Unlock12.8%
 Income between 100K and 150K  Unlock22.0%16.3%
 Income between 150K and 200K10.4%  Unlock7.8%
 Income greater than 200K  Unlock12.8%9.5%
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 Population By Occupation
 Park City, UTSomerset, NJUnited States
 Management, business, finance24.1%  Unlock16.4%
 Engineering, computers, science  Unlock13.4%6.5%
 Community, social services0.7%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library7.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.6%2.0%
 Healthcare practitioners and technology3.6%  Unlock6.2%
 Healthcare support  Unlock2.1%3.3%
 Firefighters, law enforcement0.8%  Unlock2.1%
 Food preparation, serving  Unlock5.1%5.4%
 Building maintenance3.6%  Unlock3.6%
 Personal care  Unlock2.2%2.6%
 Sales, office, administrative support28.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair5.7%  Unlock8.1%
 Production, transportation, material moving  Unlock9.3%13.1%
Reviews for Park City    12 Reviews

I lived in Park City for 6 years. Vail purchase of resort(s) and capacity reached in school system have caused a real estate bubble, in my opinion, with 500-1,000 per  More

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we have lived there off and on for 27 years and love it in the winter and summer, the muddy months starting in april are not so good but we head back to calif. at that  More

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Over 9 years ago

I like this town  More

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Reviews for Somerset    7 Reviews

Over 11 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 13 years ago

best plce for 55+  More

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Over 18 years ago

Very nice place to live. Very  More

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