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

Change Cities
Highlights
- Household income in Somerset, is 32% less than it is in Somerset and is 29,211% below the National Average.
- Somerset unemployment rate is 6.3%.
- Somerset unemployment rate is 6.0%.
 Somerset, NJUnited States, NJ
 Unemployment Rate  Unlock6.0%
 Recent Job Growth  Unlock1.6%
 Future Job Growth23.7%  Unlock
 Sales Taxes6.6%  Unlock
 Income Taxes  Unlock4.6%
 Income per Cap.$48,901  Unlock
 Household Income  Unlock$69,021
 Family Median Income$125,098  Unlock
 space
 Est. Households By Income
 Somerset, NJSomerset, NJ
 Income Less Than 15K  Unlock9.4%
 Income between 15K and 20K2.9%  Unlock
 Income between 20K and 30K  Unlock8.1%
 Income between 30K and 40K4.5%  Unlock
 Income between 40K and 50K  Unlock7.6%
 Income between 50K and 60K5.6%  Unlock
 Income between 60K and 75K  Unlock9.6%
 Income between 75K and 100K15.0%  Unlock
 Income between 100K and 150K  Unlock16.3%
 Income between 150K and 200K15.8%  Unlock
 Income greater than 200K  Unlock9.5%
 space1
 Population By Occupation
 Somerset, NJSomerset, NJ
 Management, business, finance22.5%  Unlock
 Engineering, computers, science  Unlock6.5%
 Community, social services1.5%  Unlock
 Legal  Unlock1.2%
 Education, library6.3%  Unlock
 Arts, design, media, sports, entertainment  Unlock2.0%
 Healthcare practitioners and technology6.7%  Unlock
 Healthcare support  Unlock3.3%
 Firefighters, law enforcement2.7%  Unlock
 Food preparation, serving  Unlock5.4%
 Building maintenance1.4%  Unlock
 Personal care  Unlock2.6%
 Sales, office, administrative support17.2%  Unlock
 Farming, fishing, forestry  Unlock0.6%
 Construction, extraction, maintenance/repair4.6%  Unlock
 Production, transportation, material moving  Unlock13.1%
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 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


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.