Somerset County, New Jersey 

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United States / New Jersey / / Somerset County / Cities / Zip Codes

Economy in Somerset County, New Jersey

Somerset County has an unemployment rate of 3.5%. The US average is 3.9%.

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
  3.0%3.7%
  -0.7%1.6%
  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%
  1.8%1.9%
  11.8%6.7%
  0.2%0.1%
  3.9%4.3%
  9.6%9.3%
  12.3%13.8%
  1.9%2.2%
  4.6%7.4%
  3.8%4.9%
  2.5%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    COMPARE COST OF LIVING
    Compare Somerset County, New Jersey to any other place in the USA.

    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

    NEW LISTINGS IN SOMERSET
    $799,000
    16 Warren Ave
    Bed 4 | Bath 5

    $1,050,000
    73 Old Stirling Rd
    Bed 5 | Bath 6

    $360,000
    260 Kilcourse St
    Bed 3 | Bath 1

    $225,000
    112 S 5th Ave
    Bed 3 | Bath 1

    $1,597,000
    150 Cowperthwaite Rd
    Bed 3 | Bath 4

    $2,100,000
    189 Post Kunhardt Rd
    Bed 5 | Bath 6

    $615,000
    3 Lewis Dr
    Bed 4 | Bath 3


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