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Somerville borough, NJ
ZIP 08876 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Upper Middle ClassLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Somerville borough, NJ (08876)
Median Income
$120,823
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,474
Wealth inflow
Population
22,902
Unemployment
4.8%
1.1pp above US avg
IRS migration statistics show a net inflow of about 1,474 for ZIP 08876 (Somerville borough, NJ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 08876 (2020–Present)
Since 2020, population grew 4.2%, median income fell 1.0% (inflation-adjusted), home values increased 1.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $120,823 |
| Unemployment | 4.8% |
| Establishments | 1,033 |
| Employees | 25,130 |