Somerset, NJ Community Information

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Community Information for 08873*

Population

48,261

Median Age

37.44

Median Household Income

$82,712

Households with Children

36.19%

Median Travel Time to Work

23.5 minutes

*Based on zipcode 08873 at the center of this area.


Real Estate Market Information

Median Home Sale Price 

$330,000

Annual Turnover Rate 

15.82%

In current residence 5+ years

39.89%

Median years in residence

3.87

Homes Owned

75.53%

Homes Rented

19.41%

Homes Vacant

5.06%


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Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

Total Population: 48,261
Total Male Population: 23,372
Total Female Population: 24,889
Population change since 1990: 29
Population change since 2000: NA
Median age: 37.44
Percent of households with children: 36.19%
Local sales tax: 7%
Personal crime risk: 4
Recycling likelihood index: 108

Transportation

Median travel time to work: 23.5
Transportation to work:
Public: 6%
Drive/Carpool: 90%
Walk/bike/other: 2%
Work at home: 2%


Education Levels

Less than 9th Grade: 3.57%
Some high school: 3.55%
High school graduate: 21.89%
Some college: 14.45%
Associate degree: 6.88%
Bachelor's degree: 30.76%
Graduate Degree: 18.90%

Occupation

Agriculture, forestry, and fishing: 0.61%
Mining: 0.05%
Contstruction: 2.03%
Manufacturing: 18.71%
Transportation and communications: 3.44%
Wholesale trade: 6.49%
Retail trade: 17.32%
Finance, insurance and real estate: 5.56%
Sevices: 38.26%
Public administration: 7.05%
Unclassified: 0.48%


Income

Average household income: $89,368
Income change since 1990: 53
Income change since 2000: 22

Climate

Avg. January high/low temp: 38 / 21
Avg. July high/low temp: 85 / 64
Annual precipitation: 49
Air pollution index: 95


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