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Somerset County, NJ&

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Population
333,751
0.03% growth
Median Age
41.5
Median Household Income
$104,478
6.13% growth
Poverty Rate
4.96%
Number of Employees
175,870
0.96% growth
Median Property Value
$422,800
0.57% growth

About the photo: Basking Ridge, NJ

Economy

The economy of Somerset County, NJ employs 175,870 people. The economy of Somerset County, NJ is specialized in Information; Management of Companies & Enterprises; and Finance & Insurance, which employ respectively 2.14; 1.97; and 1.77 times more people than what would be expected in a location of this size. The largest industries in Somerset County, NJ are Manufacturing (20,925), Professional, Scientific, Tech Services (20,794), and Healthcare & Social Assistance (20,418), and the highest paying industries are Management of Companies & Enterprises ($114,729), Finance & Insurance ($90,926), and Utilities ($87,656).

Median household income in Somerset County, NJ is $104,478. Males in Somerset County, NJ have an average income that is 1.37 times higher than the average income of females, which is $61,162. The income inequality of Somerset County, NJ (measured using the Gini index) is 0.494 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Somerset County, NJ. In Somerset County, NJ the age groups most likely to have health care coverage are 6-17 and 45-54, men and women, respectively. The location has a 1 to 110 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,331. Essex County, NJ has the highest prevalence of homicides of any county in New Jersey.

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Diversity

Somerset County, NJ is home to a population of 333,751 people, from which 89.8% are citizens. The ethnic composition of the population of Somerset County, NJ is composed of 189,184 White residents (56.7%), 57,269 Asian residents (17.2%), 48,740 Hispanic residents (14.6%), 31,374 Black residents (9.4%), and 5,917 Two+ residents (1.77%). The most common foreign languages in Somerset County, NJ are Spanish (36,088 speakers), Chinese (11,282 speakers), and Other Asian (5,950 speakers), but compared to other places, Somerset County, NJ has a relative high number of Gujarati (5,222 speakers), Hindi (5,174 speakers), and Other Asian (5,950 speakers).

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Military

Veterans

Education

In 2015 universities in Somerset County, NJ awarded 1,275 degrees. The student population of Somerset County, NJ is skewed away from females, with 649 male students and 626 female students. Most students in Somerset County, NJ are White (737 and 57.8%), followed by Unknown (197 and 15.5%), Black or African American (107 and 8.39%), and Hispanic or Latino (91 and 7.14%). The largest universities in Somerset County, NJ by number of graduates are Raritan Valley Community College (1,148 and 90%), Robert Fiance Beauty Schools-North Plainfield (127 and 10%), and N/A (N/A and N/A). The most popular majors in Somerset County, NJ are Liberal Arts & Sciences (307 and 24.1%), Other Multidisciplinary Studies (156 and 12.2%), and General Business (102 and 8%). The median tuition costs in Somerset County, NJ are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Somerset County, NJ is $422,800, which is 2.06 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $420,400 to $422,800, a 0.57% increase. The homeownership rate of Somerset County, NJ is 74.7%, which is higher than the national average of 63.1%. People in Somerset County, NJ have an average commute time of 29.9 minutes, and they commute by Drove Alone. Car ownership in Somerset County, NJ is approximately the same as the national average, with an average of 2 cars per household.

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