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2025 Compare Cities Housing:
Somerset, NJ vs Lake Mary, FL

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Highlights
- The median age of a home in Somerset is 39.5% older than the median age of a home in Lake Mary.
 Somerset, NJLake Mary, FLUnited States
 Median Home Age43  Unlock42
 Median Home Cost  Unlock$426,100$338,100
 Home Appr. Last 12 months15.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock83.4%57.0%
 Home Appr. Last 10 yrs.60.4%  Unlock101.1%
 Property Tax Rate  Unlock$8.0$11.0
 Homes Owned69.3%  Unlock57.4%
 Housing Vacant  Unlock6.0%11.2%
 Homes Rented25.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Somerset, NJLake Mary, FLUnited States
 Average Rent  Unlock$2,410$1,840
 Studio Apartment$1,460  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,680$1,180
 2 Bedroom Home or Apartment$2,100  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,440$1,860
 4 Bedroom Home or Apartment$2,810  Unlock$2,160
 space1
 Vacant Housing
 Somerset, NJLake Mary, FLUnited States
 Vacant For Rent  Unlock1.4%1.9%
 Vacant Rented1.4%  Unlock0.4%
 Vacant For Sale  Unlock0.0%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock1.8%3.6%
 Vacant Other2.6%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Somerset, NJLake Mary, FLUnited States
 Less Than $20,000  Unlock1.0%2.6%
 $20,000 to $39,9990.6%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock1.9%4.5%
 $100,000 to $149,9991.2%  Unlock11.3%
 $150,000 to $199,999  Unlock6.4%13.0%
 $200,000 to $299,99930.2%  Unlock20.1%
 $300,000 to $399,999  Unlock33.3%13.6%
 $400,000 to $499,99917.5%  Unlock8.3%
 $500,000 to $749,999  Unlock10.6%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  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Somerset, NJLake Mary, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock17.9%13.6%
 2000 to 20094.3%  Unlock13.6%
 1990 to 1999  Unlock30.6%13.6%
 1980 to 198933.1%  Unlock13.2%
 1970 to 1979  Unlock6.3%14.8%
 1960 to 19696.2%  Unlock13.6%
 1950 to 1959  Unlock2.3%10.0%
 1940 to 19490.8%  Unlock4.7%
 1939 or Earlier  Unlock0.6%12.2%
Transportation
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 Lake Mary    3 Reviews
Bcat · Longwood, FL
Living in Lake Mary is great!
Over 15 years ago

I moved here from PA 11 years ago. I've seen this place grow and for the better. Everything is conveniently located. We have every store and restaurant imaginable,  More

   |    Reply
Halyssa · Lake Mary, FL
Wonderful
Over 18 years ago

A lot of shopping, nice and quiet residential areas, beautiful, great for  More

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Joseph · Lake Mary, FL
Overall, a very nice place to live
Over 19 years ago

Overall, a very nice place to  More

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Learn More About Somerset, New Jersey
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