Living in Somerdale, New Jersey
Cost of living, income, home prices, rent and demographics of Somerdale · Census data 2020–2024
Somerdale has 5,581 residents with a median age of 42.3. The median household income is $85,625 (17% lower than the New Jersey median), the median home value is $224,600, the median rent is $1,097/month.
Somerdale at a glance
- Population
- 5,581
- Median age
- 42.3State: 40.1
- Median household income
- $85,625State: $103,556
- Median home value
- $224,600State: $454,400
- Median rent
- $1,097/moState: $1,720
- Homeowners
- 71.4%
- Bachelor's degree or higher
- 26.1%
- Average commute
- 24 min
Is Somerdale a good place to live?
Pros: Home values 51% lower than the state median; an average commute of 24 minutes.
Cons: Median household income 17% lower than the New Jersey median; unemployment of 6.7%; a poverty rate of 13.8%.
The weather is best in May–June and September–October.
Cost of living in Somerdale
Housing is the biggest part of the cost of living. In Somerdale the median home value is $224,600, 32% lower than the U.S. median. Renters pay a median of $1,097 per month, which is 29.5% of household income. Homeowners with a mortgage pay $2,065 a month in housing costs.
Somerdale median household income
The median household income in Somerdale is $85,625 and the income per person is $46,531. 13.8% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Somerdale: homes for sale and rent
- Housing units
- 2,435
- Owner-occupied
- 71.4%
- Renter-occupied
- 28.6%
- Vacant
- 0.2%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.30
Somerdale demographics
- Population
- 5,581
- Median age
- 42.3
- Under 18
- 18.5%
- 65 and older
- 23.2%
- Households
- 2,429
- Foreign-born
- 10.3%
- Veterans
- 4.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Somerdale ›
Education in Somerdale
26.1% of adults 25 and older in Somerdale have a bachelor's degree or higher (New Jersey: 43.6%), and 11.5% have a graduate or professional degree.
Jobs and commute in Somerdale
- Unemployment rate
- 6.7%State: 6.3%
- Average commute
- 24 minState: 31 min
- Work from home
- 15.1%
- Drive alone
- 71.6%
- Public transit
- 2.4%
- Walk to work
- 1%
- Homes with broadband
- 87.6%
Somerdale vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Somerdale | 5,581 | $85,625 | $224,600 | $1,097 |
| Hi-Nella | 855 | $72,500 | $262,000 | $1,591 |
| Magnolia | 4,354 | $100,511 | $238,800 | $1,427 |
| Stratford | 7,018 | $98,427 | $273,800 | $1,190 |
| Echelon | 13,284 | $82,932 | $328,600 | $1,717 |
| Lawnside | 3,200 | $71,607 | $240,700 | $1,073 |
| Laurel Springs | 2,044 | $118,750 | $279,400 | $1,181 |
| Ashland | 9,320 | $118,500 | $336,200 | $2,529 |
| Barrington | 7,076 | $87,290 | $273,200 | $1,320 |
More for people moving to Somerdale
Somerdale ZIP code ›Weather and climate ›Living in Somerdale: FAQ
What is the median household income in Somerdale, NJ?
The median household income in Somerdale is $85,625, 17% lower than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Somerdale?
The median home value in Somerdale is $224,600, compared with $454,400 in New Jersey.
How much is rent in Somerdale?
The median gross rent in Somerdale is $1,097 per month, about 29.5% of household income.
Is Somerdale, NJ a good place to live?
Pluses: home values 51% lower than the state median; an average commute of 24 minutes. Minuses: median household income 17% lower than the New Jersey median; unemployment of 6.7%; a poverty rate of 13.8%.
What is the median age in Somerdale?
The median age in Somerdale is 42.3 years (New Jersey: 40.1).
How long is the commute in Somerdale?
The average commute to work in Somerdale is 24 minutes; 15.1% of workers work from home.
What is the unemployment rate in Somerdale?
The unemployment rate in Somerdale is 6.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Somerdale?
26.1% of adults in Somerdale have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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