What is the median home price in Somerville borough?

The median home price in Somerville borough, Somerville borough, New Jersey is $378,200, which is 34% above the national average of 281,900 ($281,900).

Is Somerville borough safe?

Somerville borough, Somerville borough, New Jersey has a violent crime rate of 0.3 per 1,000 residents, which is 92% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 11.0 per 1,000 residents.

What is the Walk Score for Somerville borough?

Somerville borough, Somerville borough, New Jersey has a Walk Score of 25 out of 100, classified as "Car-Dependent." The national average Walk Score is 48/100. The bike score is 38/100.

What is the median household income in Somerville borough?

The median household income in Somerville borough, Somerville borough, New Jersey is $102,423, which is 37% above the national average of 74,580 ($74,580).

What is the average rent in Somerville borough?

The median rent in Somerville borough, Somerville borough, New Jersey is $1,625 per month. The national average median rent is $1,163/month.

What is the air quality in Somerville borough?

Somerville borough, Somerville borough, New Jersey has an Air Quality Index (AQI) of 42, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Somerville borough?

The population of Somerville borough, Somerville borough, New Jersey is approximately 12,467. The homeownership rate is 90.0% (national average: 65.9%).

What are the climate risks in Somerville borough?

Somerville borough, Somerville borough, New Jersey has an overall climate risk rating of "Relatively High" with a risk score of 96.74. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Somerville borough affordable?

Somerville borough, Somerville borough, New Jersey has an affordability index of 110, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 17.6¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Somerville borough?

The unemployment rate in Somerville borough, Somerville borough, New Jersey is 3.6%. The national average unemployment rate is 3.7%. The poverty rate is 4.6% (national average: 12.4%).

Somerville borough

New Jersey

Family-Friendly

About Somerville borough

Alright, let me paint you a picture of Somerville Borough, a gem nestled in the heart of New Jersey. This borough offers a compelling blend of small-town charm and big-city convenience, making it a highly desirable place to live. With a population of just over 12,000, Somerville maintains a cozy, community-focused atmosphere, perfect for families seeking a safe and welcoming environment. The median home value here hovers around $378,200, which, while slightly above the national average, still offers remarkable value considering the quality of life and proximity to major metropolitan areas. You'll find a lively downtown area with local shops, restaurants, and cultural attractions, all within easy walking distance.

From an investment perspective, Somerville presents a stable and growing real estate market. The median household income is a robust $102,423, significantly higher than the national average, indicating a financially healthy community. This translates to a strong local economy and a robust pool of potential buyers and renters. With its family-friendly reputation and convenient location, Somerville is ideal for those seeking a balanced lifestyle. Whether you're a young professional, a growing family, or someone looking to downsize and enjoy a vibrant community, Somerville Borough offers a compelling opportunity.

Somerville borough, New Jersey at a Glance

Somerville borough is a city in New Jersey with a population of approximately 12,467. The median home value is $378,200 and the median household income is $102,423. It has a Walk Score of 25 out of 100, indicating car dependency. The violent crime rate is 0.3 per 1,000 residents, which is 92% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,625 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.