Somerset County, NJ
Migration of people and income, 2022–2023 filing years
Between the 2022 and 2023 filing years, Somerset County, NJ saw a net loss of 793 tax-filing households and a net loss of 268 individuals. On net, the area lost $249.7M in associated adjusted gross income (AGI, nominal dollars). The largest inflow came from Middlesex County; the largest outflow went to Middlesex County. These figures cover federal income tax filers only and do not indicate why people moved.
Net income (AGI)
-$249.7M
nominal dollars
Net households
-793
tax returns
Net people
-268
exemptions
-0.8 net people per 1,000 residents (population 348,842)
Income (AGI) in and out
Moved in$1.2B
Moved out$1.5B
Net -$249.7M (nominal)
Where movers came from
- 1Middlesex County, NJ2,662$253.8M
- 2Union County, NJ1,238$107.5M
- 3Morris County, NJ674$143.5M
- 4Hudson County, NJ515$82.9M
- 5Essex County, NJ483$52.3M
- 6Hunterdon County, NJ400$54.6M
- 7Mercer County, NJ327$43.6M
- 8Bergen County, NJ245$31.4M
- 9Monmouth County, NJ217$20.7M
- 10New York County, NY207$38.1M
Where movers went
- 1Middlesex County, NJ1,868$143.9M
- 2Union County, NJ713$55.7M
- 3Hunterdon County, NJ689$83.1M
- 4Morris County, NJ538$95.5M
- 5New York County, NY446$116.8M
- 6Hudson County, NJ433$52.5M
- 7Mercer County, NJ428$54.2M
- 8Monmouth County, NJ305$49.1M
- 9Ocean County, NJ265$39.6M
- 10Essex County, NJ244$21.0M
Net migration by year
Net 2012–2023: -$3.2B (-5,702 people)
20122023
| Year | Net AGI | Net people |
|---|---|---|
| 2012 | -$139.1M | -220 |
| 2013 | -$111.7M | +383 |
| 2014 | -$131.3M | -1,365 |
| 2015 | -$164.4M | -880 |
| 2016 | -$222.0M | -1,186 |
| 2017 | -$161.6M | -711 |
| 2018 | -$346.4M | -757 |
| 2019 | -$536.6M | -1,174 |
| 2020 | -$246.1M | -51 |
| 2021 | -$203.2M | +764 |
| 2022 | -$646.4M | -237 |
| 2023 | -$249.7M | -268 |
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