New Jersey · Census place 68370
Somerset, NJ population, income and ZIP codes
Quick answer
The population of the city of Somerset, New Jersey (Somerset, NJ — Census place “Somerset CDP”) is 23,851 residents, ranking #44 of 700 places in New Jersey. Median household income is $113,603, the median home is worth $408,600 and median gross rent runs $2,050 a month. Looking for the Somerset New Jersey ZIP code list? 1 ZIP codes serve Somerset, NJ: 08873.
- Population
- 23,851Somerset CDP residents
- Median household income
- $113,603Past 12 months, inflation adjusted
- Median home value
- $408,600Owner-occupied units
- Median gross rent
- $2,050Rent plus utilities, monthly
- Median age
- 40.9 yrsAll residents
- Homeownership rate
- 73.1%Owner-occupied households
Somerset ZIP codes (New Jersey)
Census ZCTAs whose delivery area overlaps Somerset.
The Somerset NJ ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
What the numbers mean in Somerset CDP
Housing cost measured against local earnings.
A household earning the Somerset CDP median would spend about 21.7% 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 3.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.1% of residents and 73.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Somerset CDP, NJ in context
How this area compares with national benchmarks.
Somerset CDP is a mid-size town in New Jersey, with 23,851 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #44 of 700 ranked by population — larger than 93% of them. The median age here is 40.9 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.
Households in Somerset CDP earn a median of $113,603 a year, 44.6% above the national figure of $78,538 and 6% above the $106,926 median for the 543 New Jersey cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 6.1% of residents here, less than half the 12.4% national rate.
The typical owner-occupied home in Somerset CDP is valued at $408,600, 34.7% above the national figure and within a couple of points of the $412,500 peer median, while median gross rent runs $2,050 a month, 45.8% above the national figure, or roughly $24,600 across a full year. A household on the local median income would put about 21.7% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.6×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 73.1% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.
No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in New Jersey.
- Glassboro borough 23,375
- South Plainfield borough 24,231
- North Plainfield borough 22,667
- Carteret borough 25,187
- Summit city 22,512
- Cliffside Park borough 25,580
- Roselle borough 22,455
- Lodi borough 25,946
Keep going
More New Jersey coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Somerset CDP?
- Somerset CDP has 23,851 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #44 of 700 in New Jersey.
- What is the median household income in Somerset CDP?
- Median household income in Somerset CDP is $113,603 a year, 44.6% above the national figure of $78,538.
- How much does it cost to rent or buy in Somerset CDP?
- Median gross rent is $2,050 a month and the median home value is $408,600, so rent absorbs about 21.7% of median household income.
- Is Somerset CDP affordable compared with the rest of the US?
- Homes cost about 3.6× the local median income here versus roughly 3.9× nationally, so Somerset CDP is more affordable to buy in than the typical US market, and rent takes 21.7% of median income against the 30% cost-burden line.
- How current is this Somerset CDP data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.