Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

2,891 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $2,754

Average Rent as Percentage of Gross Income

Median rent for 2018: $1,552

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $1,318,329
--Home Prepared Food $742,868
--Restaurant/Takeaway Food $575,461
Alcoholic Beverages $96,782
Housing $3,341,599
--Rent/Mortgage/Upkeep/Taxes $1,953,953
--Utilities $673,551
--Operations $253,726
--Supplies $124,247
--Furnishings $337,430
Apparel $309,964
--Men & Boys $69,317
--Women & Girls $125,555
--Children < 2 $1,308
--Footwear $65,393
Transportation $1,623,062
--New Vehicles $303,425
--Used Vehicles $346,585
--Fuel $350,508
--Insurance $162,175
--Public Transit $136,018
Healthcare $826,572
Entertainment $536,225
--Pets $109,861
--Toys $26,157
Personal Care Products $128,171
Books & Literature $18,310
Education $234,108
Tobacco Products $57,546
Miscellaneous $164,791
Retirement $313,888
Non-health Insurance $1,213,700
Total Expenditures $10,183,049

Selected Population Data

Period Geography Population
2014 Somerset County, New Jersey 328,704
2015 Somerset County, New Jersey 330,604
2016 Somerset County, New Jersey 331,686
2017 Somerset County, New Jersey 333,316
2018 Somerset County, New Jersey 330,176