Department of Numbers

Somerset County New Jersey Household Income

The Census ACS 1-year survey reports that the median household income for the Somerset County New Jersey area was $112,153 in 2017, the latest figures available. Somerset County median household income is $32,065 higher than the median New Jersey household income and $51,817 greater than the US median household income. 2018 county income data (including Somerset County median household income) will be released in September of 2019. Median family and per capita income for Somerset County are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Somerset County New Jersey

2017 1 Year Change 3 Year Change
US $60,336 +2.51% +8.49%
New Jersey $80,088 +2.99% +7.44%
Somerset County $112,153 +5.09% +7.88%

Trends in Somerset County, NJ Real Median Household Income since 2005

The current median household income for Somerset is $112,153. Real median household income peaked in 2007 at $115,740 and is now $3,587 (3.10%) lower. From a post peak low of $101,854 in 2015, real median household income for Somerset has now grown by $10,299 (10.11%).

Real Median Household Income: Somerset County, New Jersey, National

Historical Inflation Adjusted Median Household Income for Somerset County

Date US New Jersey Somerset County
2017 $60,336 $80,088 $112,153
2016 $58,856 $77,764 $106,725
2015 $57,709 $74,727 $101,854
2014 $55,613 $74,541 $103,957
2013 $55,072 $73,954 $102,469
2012 $54,948 $74,517 $102,497
2011 $55,162 $73,683 $105,252
2010 $56,388 $76,257 $106,215
2009 $57,519 $78,273 $102,930
2008 $59,382 $80,324 $114,826
2007 $60,135 $79,447 $115,740
2006 $59,051 $78,574 $111,747

Somerset County Family Income

The ACS 1-year data shows the median family income for Somerset County was $133,822 in 2017. Compared to the median New Jersey family income, Somerset County median family income is $36,522 higher. As with the median household income data, 2018 family income data for Somerset County will be released in September of 2019.

Show dollars as: Nominal Real

Real Median Family Income for Somerset County New Jersey

2017 1 Year Change 3 Year Change
US $73,891 +1.79% +8.17%
New Jersey $97,300 +0.75% +6.17%
Somerset County $133,822 +0.05% +9.80%

Trends in Somerset County, NJ Real Median Family Income since 2005

The current median family income for Somerset is $133,822. Real median family income peaked in 2008 at $134,644 and is now $822 (0.61%) lower. From a post peak low of $118,751 in 2012, real median family income for Somerset has now grown by $15,071 (12.69%).

Real Median Family Income: Somerset County, New Jersey, National

Historical Inflation Adjusted Median Family Income for Somerset County

Date US New Jersey Somerset County
2017 $73,891 $97,300 $133,822
2016 $72,591 $96,580 $133,756
2015 $70,627 $93,375 $126,502
2014 $68,313 $91,642 $121,873
2013 $67,488 $90,039 $123,709
2012 $66,880 $90,321 $118,751
2011 $67,126 $89,846 $120,162
2010 $68,289 $92,872 $129,954
2009 $69,958 $95,497 $121,262
2008 $72,321 $97,881 $134,644
2007 $72,500 $96,973 $132,511
2006 $71,330 $94,912 $128,625

Somerset County Per Capita Income

The ACS 1-year survey shows the per capita income for Somerset County was $52,785 in 2017. Compared to the median New Jersey per capita income, Somerset County median per capita income is $12,218 higher. As with the median household and median family income numbers above, 2018 per capita income data for Somerset County will be released in September of 2019.

Show dollars as: Nominal Real

Real Per Capita Income for Somerset County New Jersey

2017 1 Year Change 3 Year Change
US $32,397 +1.88% +8.20%
New Jersey $40,567 +2.06% +6.96%
Somerset County $52,785 +0.29% +2.32%

Trends in Somerset County, NJ Real Per Capita Income since 2005

The current per capita income for Somerset is $52,785. Real per capita income peaked in 2007 at $56,468 and is now $3,683 (6.52%) lower. From a post peak low of $49,458 in 2010, real per capita income for Somerset has now grown by $3,327 (6.73%).

Real Per Capita Income: Somerset County, New Jersey, National

Historical Real Per Capita Income for Somerset County

Date US New Jersey Somerset County
2017 $32,397 $40,567 $52,785
2016 $31,798 $39,748 $52,634
2015 $31,019 $38,537 $49,820
2014 $29,942 $37,927 $51,589
2013 $29,706 $37,658 $50,635
2012 $29,221 $37,314 $49,504
2011 $29,173 $37,236 $50,290
2010 $29,361 $37,807 $49,458
2009 $30,246 $39,242 $50,079
2008 $31,488 $40,151 $55,789
2007 $31,629 $40,096 $56,468
2006 $30,795 $38,851 $52,903