Somerset employment information

IndexSomersetNew JerseyNational
Income per capita$39,567$37,538$29,829
Median household income$89,389$73,702$55,322
Median income owner occupied$95,452$97,281$70,586
Median income renter occupied$79,514$42,169$35,192
Median earnings male$54,750$47,369$36,919
Median earnings female$44,852$32,116$26,250
Unemployment rate4.5%5.2%4.7%
Poverty level5.6%10.9%15.1%
The Somerset, NJ employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Somerset is $39,567, which is 5% higher than than the New Jersey average and 33% higher than than the national average. The median household income is $89,389, which is 21% higher than than the New Jersey average and 62% higher than than the national average. The unemployment rate in Somerset is 5%, which is 3% lower than than the national average. The poverty rate in Somerset is 6% which is 63% lower than than the national average.

am i middle class

$Input your household income
$59,586$89,389$178,778
City
$49,129$73,702$147,404
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Somerset is 33% higher than the national average.
  • The median household income in Somerset is 62% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Somerset is 3% lower than the national average.
  • The poverty level in Somerset is 63% lower than the national average.

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Compare Somerset, NJ Employment To Other Cities

Employment status

Hours worked per week

Somerset median earnings by income bracket

Somerset employment by industry

Labour TypeMaleFemale
Construction industry3.7%1.3%
Manufacturing sector11.9%0.2%
Financial & insurance services10.0%7.8%
Wholesale & retail services15.5%9.3%
Public administration3.7%3.0%
Transportation, warehousing & utilities4.2%2.4%
Education, health & social services12.3%41.5%
Other32.7%24.4%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Pleasant Plains, NJ580$196,161255%
Blackwells Mills, NJ646$185,186235%
Blawenburg, NJ305$182,639230%
Princeton Junction, NJ2,503$169,107206%
Cranbury, NJ2,256$163,958196%
Somerset, NJ23,989$89,38962%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Coral Terrace, FL23,983$50,5169%
Peekskill, NY23,977$55,4530%
Searcy, AR23,969$39,31329%
Rock Springs, WY23,967$71,04428%
Carteret, NJ23,966$67,77623%
Somerset, NJ23,989$89,38962%
Source: The Somerset, NJ employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).