Somerset County, New Jersey 

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United States / New Jersey / / Somerset County / Cities / Zip Codes
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Economy in Somerset County, New Jersey

Somerset County has an unemployment rate of 6.3%. The US average is 6.0%.

Somerset County has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.

Tax Rates for Somerset County
- The Sales Tax Rate for Somerset County is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Somerset County is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Somerset County
- The average income of a Somerset County resident is $48,646 a year. The US average is $28,555 a year.
- The Median household income of a Somerset County resident is $100,903 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYSomerset, New JerseyUnited States
  6.3%6.0%
  -7.3%-6.2%
  23.7%33.5%
  6.6%6.2%
  5.5%4.6%
  $51,923$31,177
  $106,046$57,652
  $129,444$70,850
  POPULATION BY OCCUPATION
  0.2%1.3%
  0.1%0.6%
  4.4%6.2%
  12.4%10.4%
  3.6%2.7%
  9.9%11.6%
  3.6%4.1%
  0.5%0.9%
  4.2%2.1%
  8.8%4.7%
Real estate, rental, leasing1.8%1.9%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    COMPARE COST OF LIVING
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    MAPS OF SOMERSET COUNTY, NEW JERSEY
    ZIP CODES IN SOMERSET COUNTY, NEW JERSEY
    08873, 08844, 08807, 07920, 08876, 07059, 08805, 08502, 08835, 08823, ... 26 more


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