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2025 Compare Cities Housing:
Somerset, NJ vs Wilmington, DE

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Highlights
- The median age of a home in Somerset is 76.7% younger than the median age of a home in Wilmington.
 Somerset, NJWilmington, DEUnited States
 Median Home Age43  Unlock42
 Median Home Cost  Unlock$273,100$338,100
 Home Appr. Last 12 months15.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock41.4%57.0%
 Home Appr. Last 10 yrs.60.4%  Unlock101.1%
 Property Tax Rate  Unlock$9.8$11.0
 Homes Owned69.3%  Unlock57.4%
 Housing Vacant  Unlock12.0%11.2%
 Homes Rented25.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Somerset, NJWilmington, DEUnited States
 Average Rent  Unlock$1,540$1,840
 Studio Apartment$1,460  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,060$1,180
 2 Bedroom Home or Apartment$2,100  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,560$1,860
 4 Bedroom Home or Apartment$2,810  Unlock$2,160
 space1
 Vacant Housing
 Somerset, NJWilmington, DEUnited States
 Vacant For Rent  Unlock3.7%1.9%
 Vacant Rented1.4%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other2.6%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Somerset, NJWilmington, DEUnited States
 Less Than $20,000  Unlock1.7%2.6%
 $20,000 to $39,9990.6%  Unlock2.4%
 $40,000 to $59,999  Unlock2.8%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock5.8%4.5%
 $100,000 to $149,9991.2%  Unlock11.3%
 $150,000 to $199,999  Unlock23.2%13.0%
 $200,000 to $299,99930.2%  Unlock20.1%
 $300,000 to $399,999  Unlock10.7%13.6%
 $400,000 to $499,99917.5%  Unlock8.3%
 $500,000 to $749,999  Unlock4.8%9.7%
 $750,000 to $999,9991.7%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.8%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, NJWilmington, DEUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock5.9%13.6%
 2000 to 20094.3%  Unlock13.6%
 1990 to 1999  Unlock3.7%13.6%
 1980 to 198933.1%  Unlock13.2%
 1970 to 1979  Unlock6.6%14.8%
 1960 to 19696.2%  Unlock13.6%
 1950 to 1959  Unlock10.7%10.0%
 1940 to 19490.8%  Unlock4.7%
 1939 or Earlier  Unlock43.5%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 Wilmington    18 Reviews
T · New Castle, DE
I Cannot Wait To Rid Myself of This Place
Over 8 years ago

I'm ready to get away from this whole state, once and for all! There are no real jobs here. The cost of living is getting entirely too high, as well as the crime.  More

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ron · Glen Allen, VA
Park Plaza
Over 9 years ago

can anyone offer information on the Park Plaza, 1100 Lovering Ave,  More

   |    Reply
Joseph · Wilmington, DE
So far I'm impressed with Wilmington
Over 9 years ago

When we sold our house in the burbs and downsized to a condo in Wilmington all our friends thought we were nuts. What about the crime? Well, we've been here for a year  More

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Learn More About Somerset, New Jersey
Overview
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Learn More About Wilmington, Delaware
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