Economy & Jobs — Somerset County, New Jersey

Employment

Total Establishments9,896
Total Employees182,768
Avg Annual Employment190,468
Avg Annual Pay$106,418
Total Annual Wages$20,269,165,470
Annual Payroll (thousands)$17,800,650
Unemployment Rate5.0%

Income

Median Household Income$131,948
Poverty Rate5.3%
IRS Returns180,100
Total AGI (thousands)$27,471,388
Average AGI per Return$152,534

Federal Spending

Total FY2024$2,234,324,532
Per Capita$6,470
Population Basis345,361

Agriculture

Total Farms11
Land in Farms (acres)94
Avg Farm Size (acres)8.50
Year2,022

Dining & Food Establishments

Full-service Restaurants295
Fast Food289
Bars13
Coffee & Snacks76