Somerset vs Elizabeth
| Somerset | Elizabeth | |
|---|---|---|
| Population | 24,246 | 135,665 |
| Median Household Income | $121,028 | $66,555 |
| Median Home Value | $438,800 | $449,300 |
| Median Gross Rent | $2,121/mo | $1,523/mo |
| Homeownership Rate | 72.9% | 25.6% |
| Unemployment Rate | 3.7% | 7.7% |
| Bachelor's Degree or Higher | 62.0% | 14.6% |
| Median Age | 41.3 | 35.8 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.