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ZIP Code 08553

Somerset, New Jersey

ZCTA 08553

Juniper

ZIP Code 08553 is in the 96th percentile nationally for median income. It also sits in the highest 13% nationally for median rent. And it sits in the highest 28% nationally for home price against income.

Median Income

$148,056

Higher than 96% of U.S. ZIP codes
Home Price vs Incomeyears of income to buy a typical home

4.03×

Higher than 72% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

1.7

The boundary of ZIP Code 08553, in Somerset, New Jersey.

The basics

Total Population

819

Median Age

44.5

Population Density

1,343.68

Home values & property tax

Median Property Tax

$10,001

Property Tax Rateyearly tax as a share of home value

—

The Census publishes home values only up to $2 million and incomes up to $250,000, so this ratio cannot be worked out for the most expensive areas.

Cost of living & affordability

Median Rent

$1,799

Higher than 87% of U.S. ZIP codes

Home prices & appreciation

Pandemic Price Run-Up2019–20 low → 2022–23 peak

9.9%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

12%

Climate & weather

Summer Avg High (°F)

82.9

Winter Avg Low (°F)

24.1

Avg Temperature (°F)

52.5

Hot Days/yr (>90°F)

17.1

Freezing Days/yr (<32°F)

118.3

Annual Precipitation (in)

49.4

Annual Snowfall (in)

23.9

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 08553: frequently asked questions

How much is property tax in ZIP Code 08553?
The median annual property tax in ZIP Code 08553 is $10,001.
Is ZIP Code 08553 expensive to live in?
Homes in ZIP Code 08553 cost about 4.03× the median household income, higher than 72% of U.S. ZIP codes.
What is the average rent in ZIP Code 08553?
The median gross rent in ZIP Code 08553 is $1,799 a month, higher than 87% of U.S. ZIP codes.
How many people live in ZIP Code 08553?
ZIP Code 08553 has a population of 819, about 1,343.68 people per square mile, per the U.S. Census American Community Survey. The median age is 44.5.
What is the weather like in ZIP Code 08553?
ZIP Code 08553 averages 52.5°F year-round, summer highs near 82.9°F, winter lows around 24.1°F (NOAA 1991–2020 normals). It sees about 23.9 inches of snow a year.
Is ZIP Code 08553 at risk of flooding or natural disasters?
ZIP Code 08553's FEMA National Risk Index score is 1.7. Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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