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Neshanic Station: Economy & Jobs

Households in Neshanic Station earn a median $221,395 (1.6× higher than Somerset County median $140,374; 2.1× higher than New Jersey median $103,556), with homes at a median value of $770,300. The surrounding county supports 46,663 jobs (avg $75,099).

Income & Affordability

Median household income $221,395 — above the New Jersey median ($97,710). Poverty rate 0.2% (U.S. average ~12.5%). 24% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income3.5×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income11.5%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened24.5%
Affordability · Poverty Rate0.2%
Affordability · Property Tax Pct Income4.5%
Irs Income · IRS tax returns filed$67,280
Irs Income · Total Adjusted Gross Income (thousands)$10,179,319
Irs Income · Average AGI per return$151,298 (vs New Jersey $97,759)
Irs Income · Year2022
Income Estimate$243,494
Median Household Income$221,395 (vs New Jersey $97,710)
Poverty Rate0.2%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcewhite_collar
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelaffluent
Economic Character · Median Income$221,395

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 5.5% — above the U.S. average of ~4%. 16% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min32.80
Commuter Profile · Work From Home Pct16.5%
Commuter Profile · Profilemoderate commute
Employment · Avg annual employment (county)46,663
Employment · Total annual wages (county)$3,504,371,929
Employment · Average annual pay$75,099
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment4,202,170
Unemployment Rate5.5% (vs New Jersey 4.0%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms103
Agriculture · Land In Farms Acres55,476
Agriculture · Avg Farm Size Acres538.60
Agriculture · Top CommoditiesCrop Totals, Horticulture Totals, Floriculture Totals, Equine, Animal Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)3,696
Business Patterns · Total Employees45,903
Business Patterns · Annual Payroll Thousands3,103,803
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores24
Local Businesses · Convenience Stores13
Local Businesses · Liquor Stores28
Local Businesses · Gas Stations13
Local Businesses · General Merchandise8
Local Businesses · Clothing Stores6
Local Businesses · Pet Stores9
Local Businesses · Paint Hardware4

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants124
Dining Scene · Fast Food83
Dining Scene · Bars8
Dining Scene · Coffee Snacks36

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (10)

TD Bank, National Association
FLEMINGTON BRANCH · 288 Highway 202 31 · 08822
Provident Bank
30 ROUTE 31 BRANCH · 30 Route 31 · 08822
Northfield Bank
FLEMINGTON BRANCH · 56 Main St · 08822
Peapack Private Bank & Trust
OLDWICK BRANCH · 169 Lamington Rd · 08858
Citizens Bank, National Association
WHITEHOUSE BRANCH · 3563 Rt 22 E · 08889
Bank of America, National Association
FLEMINGTON CHURCH STREET BRANCH · 78 Church Street · 08822
Somerset Regal Bank
FLEMINGTON · 141 Broad St · 08822
Unity Bank
Unity Bank · 64 Old Highway 22 · 08809
Wells Fargo Bank, National Association
FLEMINGTON BRANCH · 74 Church St · 08822
PNC Bank, National Association
CLINTON BRANCH · 35 Old Highway 22 · 08809

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (1)

WAWA 916
Convenience Store · 800 ROUTE 202
Nearest Snap · NameWAWA 916
Nearest Snap · Total In Area1

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameHUNTERDON COUNTY CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$842,167,386
Federal Spending · Per Capita6,531.11 (vs New Jersey $6,727)
Federal Spending · Population128,947 people (vs New Jersey 19,628)

Sources: USAspending API

Other

Pct Drove Alone74.9%
Pct Public Transit1.6%
Pct Walked16.5%
Retirement Score · Median age48.5 years (vs New Jersey 39.6y)
Retirement Score · Ss Household Pct22.3%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorsolder population, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12