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2025 Compare Cities Housing:
Somerset, NJ vs Cedar Falls, IA

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Highlights
- The median age of a home in Somerset is 4.7% younger than the median age of a home in Cedar Falls.
 Somerset, NJCedar Falls, IAUnited States
 Median Home Age43  Unlock42
 Median Home Cost  Unlock$226,000$338,100
 Home Appr. Last 12 months15.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock34.5%57.0%
 Home Appr. Last 10 yrs.60.4%  Unlock101.1%
 Property Tax Rate  Unlock$16.2$11.0
 Homes Owned69.3%  Unlock57.4%
 Housing Vacant  Unlock6.5%11.2%
 Homes Rented25.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Somerset, NJCedar Falls, IAUnited States
 Average Rent  Unlock$1,390$1,840
 Studio Apartment$1,460  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$840$1,180
 2 Bedroom Home or Apartment$2,100  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,410$1,860
 4 Bedroom Home or Apartment$2,810  Unlock$2,160
 space1
 Vacant Housing
 Somerset, NJCedar Falls, IAUnited States
 Vacant For Rent  Unlock1.9%1.9%
 Vacant Rented1.4%  Unlock0.4%
 Vacant For Sale  Unlock0.9%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock1.5%3.6%
 Vacant Other2.6%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Somerset, NJCedar Falls, IAUnited States
 Less Than $20,000  Unlock3.9%2.6%
 $20,000 to $39,9990.6%  Unlock2.4%
 $40,000 to $59,999  Unlock1.0%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock2.0%4.5%
 $100,000 to $149,9991.2%  Unlock11.3%
 $150,000 to $199,999  Unlock22.6%13.0%
 $200,000 to $299,99930.2%  Unlock20.1%
 $300,000 to $399,999  Unlock16.4%13.6%
 $400,000 to $499,99917.5%  Unlock8.3%
 $500,000 to $749,999  Unlock3.8%9.7%
 $750,000 to $999,9991.7%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
 space3
 Housing Units By Year Built
 Somerset, NJCedar Falls, IAUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock11.4%13.6%
 2000 to 20094.3%  Unlock13.6%
 1990 to 1999  Unlock13.3%13.6%
 1980 to 198933.1%  Unlock13.2%
 1970 to 1979  Unlock14.7%14.8%
 1960 to 19696.2%  Unlock13.6%
 1950 to 1959  Unlock13.8%10.0%
 1940 to 19490.8%  Unlock4.7%
 1939 or Earlier  Unlock13.0%12.2%
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Reviews for Somerset    7 Reviews
Nishant · Alcester, SD
Moving to Somerset
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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sybrina  · Newark, NJ
best place for 55+
Over 13 years ago

best plce for 55+  More

   |    Reply
Kerry · Somerset, NJ
Somerset NJ
Over 18 years ago

Very nice place to live. Very  More

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Reviews for Cedar Falls    7 Reviews
Amy · Highlands Ranch, CO
A Great College Town
Over 8 years ago

I lived in Cedar Falls while attending the University of Northern Iowa. It's a great college town. Main street is nice and there are plenty of restaurants to choose  More

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Joseph  · Cedar Falls, IA
Great Schools
Over 12 years ago

We've lived in Cedar Falls since moving here from the great chicago land area in 2006. The school system in Cedar Falls and in Iowa in general if VERY strong.   More

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Paul · Cedar Falls, IA
a surprisingly progressive mid-west
Over 16 years ago

When I was preparing to moved to Cedar Falls, IA I was repeatedly met with the remark "IOWA!, what's there? corn?" But apart from the bitter winters, tornadoes, and  More

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Learn More About Somerset, New Jersey
Overview
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Learn More About Cedar Falls, Iowa
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