New Jersey · Census place 68340
Somerdale borough, NJ
Quick answer
Somerdale borough has 5,535 residents, ranking #275 of 700 places in New Jersey. Median household income is $79,101, the median home is worth $221,600 and median gross rent runs $1,141 a month.
- Population
- 5,535Somerdale borough residents
- Median household income
- $79,101Past 12 months, inflation adjusted
- Median home value
- $221,600Owner-occupied units
- Median gross rent
- $1,141Rent plus utilities, monthly
- Median age
- 40.5 yrsAll residents
- Homeownership rate
- 77.8%Owner-occupied households
What the numbers mean in Somerdale borough
Housing cost measured against local earnings.
A household earning the Somerdale borough median would spend about 17.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.5% of residents and 77.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Norwood borough 5,668
- Towaco CDP 5,627
- Morganville CDP 5,544
- Lyons CDP 5,444
- Neshanic Station CDP 5,403
- East Freehold CDP 5,381
- Cape May Court House CDP 5,375
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