Somerset is located in north New Jersey. Somerset is part of Somerset County. Somerset has 6.33 square miles of land area and 0.12 square miles of water area. As of 2010-2014, the total Somerset population is 24,375, which has grown 5.79% since 2000. The population growth rate is about the same as the state average rate of 5.47% and is much lower than the national average rate of 11.61%. Somerset median household income is $95,667 in 2010-2014 and has grown by 45.32% since 2000. The income growth rate is higher than the state average rate of 30.67% and is much higher than the national average rate of 27.36%. Somerset median house value is $302,300 in 2010-2014 and has grown by 80.48% since 2000. The house value growth rate is lower than the state average rate of 87.30% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Somerset is worse than the state average in quality. The Somerset area codes are 732, 908.