Census ACS · ZIP Code Tabulation Area

07924 Income Statistics for 2026

Somerset County, New Jersey

Median household income

$236,042

Median household income ($236,042) is higher than Somerset County County ($156,492).

07924$236,042
Somerset County County$156,492
07934$245,429
07931$201,078
08558$236,016
07059$212,479
08836$229,726

Average household income

$330,463

Average household income ($330,463) is higher than Somerset County County ($199,321).

07924$330,463
Somerset County County$199,321
07934$346,457
07931$328,980
08558$306,844
07059$304,191
08836$294,439

Per-capita income

$112,114

Per-capita income ($112,114) is higher than Somerset County County ($74,866).

07924$112,114
Somerset County County$74,866
07934$139,507
07931$132,464
08558$112,991
07059$103,266
08836$97,143

Households earning $100k+

82.1%

Households earning $100k+ (82.1%) is higher than Somerset County County (68.0%).

0792482.1%
Somerset County County68.0%
0793487.5%
0793172.7%
0855880.3%
0705980.4%
0883680.5%

All demographics

Population
7,713
Households
2,610
Median age
40.4 yrs
Median household income
$236,042
Mean household income
$330,463
Per capita income
$112,114
Median home value
$785,100
Median gross rent
$2,297
Owner-occupied housing
94.4%
Bachelor's degree or higher
72.8%
In labor force
71.3%
Poverty rate
1.1%
Households earning $100k+
82.1%
Population under 5
6.8%
Population age 18–34
18.0%
Population age 25–44
24.6%
Population age 45–64
26.3%
Population age 65+
18.8%
Hispanic or Latino
9.5%
Black (non-Hispanic)
1.1%
Asian (non-Hispanic)
0.6%
Unemployment rate
4.5%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/new-jersey/07924

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 07924 income statistics ($236,042 median)

ZIP Code Tabulation Area 07924 in New Jersey is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 07924 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 7,713 people live in this ZCTA. Median household income here ($236,042) is higher than Somerset County County ($156,492). Operators sizing a local market often pair median income with mean income ($330,463) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·New Jersey·ZIP codes in Somerset County