Median Household Income
$140,374
Median Home Value
$552,100
Median Gross Rent
$2,033/mo
Poverty Rate
5.4%
Unemployment Rate
4.7%
Homeownership Rate
74.3%
Bachelor's Degree or Higher
57.8%
Median Age
41.8
Population Over Time
Somerset County grew 6.4% from 2014 to 2024.
2014
328,704
2016
331,686
2018
330,176
2020
330,151
2022
344,978
2024
349,846
Business & Industry
Somerset County has 9,831 business establishments employing 188,127 people.
Professional, scientific, and technical services
1,678
Health care and social assistance
1,262
Other services (except public administration)
879
Construction
832
Accommodation and food services
829
Administrative and support and waste management and remediation services
716
Wholesale trade
545
Finance and insurance
512
Establishments by industry sector. Source: U.S. Census Bureau, County Business Patterns.
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.