Somerset vs Summit
Side-by-side comparison
How does Somerset, NJ compare to Summit, NJ? Somerset has a population of 23,851 with a median household income of $113,603, while Summit has 22,512 residents and a median income of $199,107. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Somerset, NJ | Summit, NJ | Difference |
|---|---|---|---|
| Population | 23,851 | 22,512 | +5.9% |
| Median Age | 40.9 | 40.6 | +0.7% |
| Foreign Born % | 27.5% | 17.4% | +58.0% |
| Metric | Somerset | Summit | Difference |
|---|---|---|---|
| Median Income | $113,603 | $199,107 | -42.9% |
| Unemployment | 3.8% | 4.3% | -11.6% |
| Poverty Rate | 6.1% | 3.9% | +56.4% |
| Bachelor's+ | 58.6% | 72.7% | -19.4% |
| Metric | Somerset | Summit | Difference |
|---|---|---|---|
| Home Value | $408,600 | $969,900 | -57.9% |
| Median Rent | $2050/mo | $2308/mo | -11.2% |
| Housing Units | 10,036 | 8,603 | +16.7% |