New Jersey · Census place 68460
Somerville borough, NJ
Quick answer
Somerville borough has 12,958 residents, ranking #105 of 700 places in New Jersey. Median household income is $103,869, the median home is worth $403,600 and median gross rent runs $1,748 a month.
- Population
- 12,958Somerville borough residents
- Median household income
- $103,869Past 12 months, inflation adjusted
- Median home value
- $403,600Owner-occupied units
- Median gross rent
- $1,748Rent plus utilities, monthly
- Median age
- 35.5 yrsAll residents
- Homeownership rate
- 44.5%Owner-occupied households
What the numbers mean in Somerville borough
Housing cost measured against local earnings.
A household earning the Somerville borough median would spend about 20.2% 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 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.2% of residents and 44.5% 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.
- Ridgefield Park village 13,167
- Florham Park borough 13,134
- Fords CDP 13,052
- Holiday City-Berkeley CDP 12,896
- Red Bank borough 12,864
- Oakland borough 12,700
- Freehold borough 12,504
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