What percentage of people rent in Somerset, NJ?

Name: Renters and owners in Somerset, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

27.1% (±4.1 points) of the occupied homes in Somerset, NJ are rented (2020–2024 American Community Survey).

That is 2,570 renting households against 6,922 that own their home.

In Somerset, the share of households that rent went from 24.4% in 2015–2019 to 27.1% in 2020–2024 (+2.7 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 27.1% (±4.1 points)
Renting households: 2,570 (±461)
Median renter income: $87,870 (±$15,408)

Who rents and who owns in Somerset

Tenure, estimate (90% margin of error)
	Somerset	Somerset County	New Jersey	United States
Renter-occupied share	27.1% (±4.1 points)	25.7% (±0.9 points)	36.2% (±0.2 points)	34.8%
Renting households	2,570 (±461)	33,615 (±1,269)	1,268,573 (±8,082)	45,017,354
Owning households	6,922 (±547)	97,187 (±1,176)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.1 (±0.2)	2.4 (±0.1)	2.4 (±0.0)	2.3
Average owner household size	2.5 (±0.1)	2.8 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$87,870 (±$15,408)	$82,470 (±$5,113)	$62,674 (±$718)	$52,966
Median owner household income	$138,275 (±$13,379)	$170,007 (±$3,672)	$133,477 (±$624)	$100,009

In Somerset, the renter share is not measurably different from Somerset County (25.7%).

It is also lower than in New Jersey (36.2%).

It is lower than the national figure (34.8%).

In Somerset County, Somerset ranks 11 of 24 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 72 of 252.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Somerset has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	24.4% (±3.1 points)	27.1% (±4.1 points)	+2.7 percentage points	Not a measurable change
Median gross rent	$1,629 (±$74)	$2,121 (±$164)	+30.2%	No measurable change after inflation
Median household income	$96,197 (±$8,264)	$121,028 (±$9,222)	+25.8%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Somerset

Nearest places with a published estimate, compared with Somerset
Place	Distance	Households that rent	Compared with this place
Somerset	—	27.1% (±4.1 points)	—
East Franklin	1.9 mi	51.7% (±8.4 points)	Higher
Voorhees	1.9 mi	50.8% (±17.1 points)	Higher
Rutgers University-Busch Campus	1.9 mi	100.0% (±61.7 points)	Higher
Middlebush	1.9 mi	1.3% (±2.3 points)	Lower
Franklin Center	2.7 mi	25.5% (±6.1 points)	Not measurably different
Six Mile Run	3.2 mi	31.4% (±9.9 points)	Not measurably different
Piscataway Township	3.3 mi	36.2% (±2.9 points)	Higher
New Brunswick	3.3 mi	78.6% (±2.3 points)	Higher

Nearby places with a measurably lower figure: Middlebush, NJ (1.3%).

Nearby places with a measurably higher figure: East Franklin, NJ (51.7%), Voorhees, NJ (50.8%), Rutgers University-Busch Campus, NJ (100.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Somerset County, place by place

Rank	Place	Households that rent
5	Belle Mead	36.2% (±8.5 points)
6	Kingston	34.2% (±15.2 points)
7	Liberty Corner	31.7% (±12.1 points)
8	Six Mile Run	31.4% (±9.9 points)
9	Neshanic Station	27.9% (±9.4 points)
10	Bedminster	27.7% (±10.7 points)
11	Somerset	27.1% (±4.1 points)
12	Franklin Center	25.5% (±6.1 points)
13	Green Knoll	21.2% (±5.8 points)
14	Hillsborough	20.1% (±3.1 points)
15	Ten Mile Run	17.7% (±14.4 points)
16	The Hills	17.0% (±3.4 points)
17	Basking Ridge	16.1% (±4.7 points)

Showing 13 of 24 places in Somerset County, ranked from highest to lowest.

Somerset is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Franklin Township (Somerset County), whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Somerset

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Somerset, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Somerset beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Somerset, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Somerset

How many renters are there in Somerset?

Somerset has an estimated 2,570 (±461) renting households, 27.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Somerset?

In Somerset, the share of households that rent went from 24.4% in 2015–2019 to 27.1% in 2020–2024 (+2.7 percentage points), not a measurable change.

How big are renting households in Somerset?

A renting household in Somerset has 2.1 people on average, against 2.5 in an owned home.

How much do renters earn in Somerset?

The median renting household in Somerset, NJ has an income of $87,870 (±$15,408) a year, against $138,275 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Somerset CDP, New Jersey (place:68370, in state:34).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.