Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

119 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: $1,852

Average Rent as Percentage of Gross Income

Median rent for 2018: $1,093

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $26,983
--Home Prepared Food $15,205
--Restaurant/Takeaway Food $11,778
Alcoholic Beverages $1,981
Housing $68,395
--Rent/Mortgage/Upkeep/Taxes $39,993
--Utilities $13,786
--Operations $5,193
--Supplies $2,543
--Furnishings $6,906
Apparel $6,344
--Men & Boys $1,419
--Women & Girls $2,570
--Children < 2 $27
--Footwear $1,338
Transportation $33,221
--New Vehicles $6,210
--Used Vehicles $7,094
--Fuel $7,174
--Insurance $3,319
--Public Transit $2,784
Healthcare $16,918
Entertainment $10,975
--Pets $2,249
--Toys $535
Personal Care Products $2,623
Books & Literature $375
Education $4,792
Tobacco Products $1,178
Miscellaneous $3,373
Retirement $6,425
Non-health Insurance $24,842
Total Expenditures $208,425

Selected Population Data

Period Geography Population
2014 Somers Point city, New Jersey 10,783
2015 Somers Point city, New Jersey 10,776
2016 Somers Point city, New Jersey 10,686
2017 Somers Point city, New Jersey 10,644
2018 Somers Point city, New Jersey 10,460