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ZIP Code 08558

Somerset, New Jersey

ZCTA 08558

Juniper

ZIP Code 08558 is in the highest 30% nationally for FEMA risk score. It also sits in the highest 1% nationally for median income. And it sits in the highest 2% nationally for typical home value.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$1,131,410

Higher than 98% of U.S. ZIP codes
Home Price Growth, Past Five Years

50%

Lower than 58% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

79.9

Higher than 70% of U.S. ZIP codes

The boundary of ZIP Code 08558, in Somerset, New Jersey.

The basics

Total Population

7,648

Median Age

47.5

Population Density

490.6

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

Home Price vs Incomeyears of income to buy a typical home

3.86×

Higher than 69% of U.S. ZIP codes
Median Income

$236,016

Higher than 99% of U.S. ZIP codes
Median Rent

$2,000

Higher than 92% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

6.6%

Higher than 73% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

34%

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

13%

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)

51

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 08558: frequently asked questions

What is the typical home value in ZIP Code 08558?
The estimated median home value in ZIP Code 08558 today is $1,131,410, higher than 98% of U.S. ZIP codes.
How much is property tax in ZIP Code 08558?
The median annual property tax in ZIP Code 08558 is $10,001.
Is ZIP Code 08558 expensive to live in?
Homes in ZIP Code 08558 cost about 3.86× the median household income, higher than 69% of U.S. ZIP codes.
What is the average rent in ZIP Code 08558?
The median gross rent in ZIP Code 08558 is $2,000 a month, higher than 92% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 08558?
Home prices in ZIP Code 08558 have moved 50% over the past five years (6.6% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 08558?
ZIP Code 08558 has a population of 7,648, about 490.6 people per square mile, per the U.S. Census American Community Survey. The median age is 47.5.
What is the weather like in ZIP Code 08558?
ZIP Code 08558 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 08558 at risk of flooding or natural disasters?
ZIP Code 08558's FEMA National Risk Index score is 79.9 (higher than 70% of U.S. ZIP codes). 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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