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ZIP Code 08558

Somerset, New Jersey

FIPS 08558

Juniper

ZIP Code 08558 is in the top 12% nationally for appreciation 1yr %, but in the bottom 28% nationally for price-to-income ratio. It also sits in the 97th percentile nationally for median home value. And it sits in the 93th percentile nationally for median rent.

Median Home Value

$910,200

Higher than 97% of U.S. ZIP codes

HPI Growth 5yr %

50%

Higher than 73% of U.S. ZIP codes

FEMA Risk Score

80.2

Higher than 70% of U.S. ZIP codes

The basics

Total Population

7,648

Median Age

47.5

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$910,200

Higher than 97%

Median Property Tax

$10,001

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

3.86

Higher than 72%

Median Rent

$2,000

Higher than 93%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

50%

Higher than 73%

Appreciation 1yr %

6.6%

Higher than 88%

Pandemic Gain %

34%

Recession Drop %

-13%

Climate & weather

Ranked against U.S. ZIP codes.

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

Ranked against U.S. ZIP codes.

FEMA Risk Score

80.2

Higher than 70%

EAL Flood/Coastal per $1K

0

The full report

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

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 08558: frequently asked questions

What is the median home value in ZIP Code 08558?
The median home value in ZIP Code 08558 is $910,200, higher than 97% 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, an effective rate of 1% of home value.
Is ZIP Code 08558 expensive to live in?
Homes in ZIP Code 08558 cost about 3.86× the median household income, higher than 72% 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 93% 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.
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 80.2 (higher than 70% of U.S. ZIP codes). Its greatest modeled natural hazard is hurricane. Modeled coastal-flood loss is negligible.

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