2025 Compare Cities Economy:
Somerset, NJ vs Malverne, NY

Change Cities
Highlights
- Household income in Malverne, is 38% more than it is in Somerset and is 51% above the National Average.
- Somerset unemployment rate is 6.3%.
- Malverne unemployment rate is 5.9%.
 Somerset, NJMalverne, NYUnited States
 Unemployment Rate  Unlock5.9%6.0%
 Recent Job Growth  Unlock0.9%1.6%
 Future Job Growth23.7%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock6.2%4.6%
 Income per Cap.$48,901  Unlock$37,638
 Household Income  Unlock$139,915$69,021
 Family Median Income$125,098  Unlock$85,028
 space
 Est. Households By Income
 Somerset, NJMalverne, NYUnited States
 Income Less Than 15K  Unlock4.1%9.4%
 Income between 15K and 20K2.9%  Unlock3.8%
 Income between 20K and 30K  Unlock2.6%8.1%
 Income between 30K and 40K4.5%  Unlock8.0%
 Income between 40K and 50K  Unlock1.7%7.6%
 Income between 50K and 60K5.6%  Unlock7.2%
 Income between 60K and 75K  Unlock8.3%9.6%
 Income between 75K and 100K15.0%  Unlock12.8%
 Income between 100K and 150K  Unlock19.7%16.3%
 Income between 150K and 200K15.8%  Unlock7.8%
 Income greater than 200K  Unlock29.6%9.5%
 space1
 Population By Occupation
 Somerset, NJMalverne, NYUnited States
 Management, business, finance22.5%  Unlock16.4%
 Engineering, computers, science  Unlock2.6%6.5%
 Community, social services1.5%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library6.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.1%2.0%
 Healthcare practitioners and technology6.7%  Unlock6.2%
 Healthcare support  Unlock1.3%3.3%
 Firefighters, law enforcement2.7%  Unlock2.1%
 Food preparation, serving  Unlock3.3%5.4%
 Building maintenance1.4%  Unlock3.6%
 Personal care  Unlock1.1%2.6%
 Sales, office, administrative support17.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair4.6%  Unlock8.1%
 Production, transportation, material moving  Unlock4.5%13.1%
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

   |    Reply

Over 13 years ago

best plce for 55+  More

   |    Reply

Over 18 years ago

Very nice place to live. Very  More

   |    Reply

Start Your Review of Somerset

Reviews for Malverne    1 Reviews

I've been here for 30 years. Picked the town because of the commute to NYC. We have a train but it is a reduced service station. There is a parkway on the edge of town  More

   |    Reply

Start Your Review of Malverne


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.