Census tract · Somerset County
Census Tract 531.03, Somerset County, New Jersey
Census Tract 531.03, GEOID 34035053103, in Somerset County, New Jersey, entirely within Franklin Township, Somerset County. 5,669 residents in the ACS 2020-2024 5-year estimates (±662); the 2020 Census counted 4,995.
Residents, 2020-2024
5,669
±662 (90% margin)
2020 Census count: 4,995
Median household income
$152,278
±$29,553 (90% margin)
Somerset County: $140,374
Median home value
$493,500
±$34,265 (90% margin)
Somerset County: $552,100
Median gross rent
$2,587
±$2,537 (90% margin)
Somerset County: $2,033
Where is Census Tract 531.03?
Census Tract 531.03 is one of 74 census tracts in Somerset County, New Jersey. It covers 1.56 square miles of land, 3,198 residents per square mile in 2020. Its GEOID, 34035053103, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Franklin Township, Somerset County | 100% |
| Somerset | 97% |
| Clyde | 3% |
6 census tracts border Census Tract 531.03: Tract 531.02 ($81,458), Tract 531.05 ($129,176), Tract 532 ($109,082), Tract 533 ($104,616), Tract 534.05 ($184,338) and Tract 543.02 ($119,068). The figure in brackets is each tract's median household income.
Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.
Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files
How many people live in Census Tract 531.03?
The 2020-2024 American Community Survey puts Census Tract 531.03's population at 5,669 (±662) in 2,045 households; the 2020 Census counted 4,995 residents and 1,664 housing units.
| Measure | Tract 531.03 | Franklin Township, Somerset County |
|---|---|---|
| Total population | 5,669 ±662 | 68,907 |
| Households | 2,045 ±321 | 26,505 |
| Average household size | 2.75 ±0.40 | 2.57 |
| Housing units | 2,045 ±321 | 27,089 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Census Tract 531.03?
The median resident of Census Tract 531.03 is 44.4 years old; 21.7% are under 18 and 17.1% are 65 or older. The largest group is non-Hispanic Black residents at 36.7%, then non-Hispanic white residents at 29.6%. 22.8% of residents were born outside the United States.
| Measure | Tract 531.03 | Franklin Township, Somerset County |
|---|---|---|
| Median age | 44.4 ±5.2 | 40.6 |
| Under 18 years | 21.7% ±4.6 pts | 19.6% |
| 65 years and over | 17.1% ±3.3 pts | 18.3% |
| Hispanic or Latino (any race) | 14.3% ±6.0 pts | 18.9% |
| White alone, not Hispanic | 29.6% ±6.1 pts | 26.8% |
| Black or African American alone, not Hispanic | 36.7% ±7.3 pts | 24.8% |
| Asian alone, not Hispanic | 13.7% ±5.3 pts | 25.5% |
| American Indian and Alaska Native alone, not Hispanic | 0.0% ±0.8 pts | 0.1% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±0.8 pts | 0.0% |
| Two or more races, not Hispanic | 4.2% ±2.4 pts | 2.9% |
| Some other race alone, not Hispanic | 1.5% ±1.0 pts | 1.0% |
| Born outside the United States | 22.8% ±5.3 pts | 34.7% |
| Speak a language other than English at home (age 5+) | 27.1% ±7.3 pts | 40.6% |
| Civilian veterans (age 18+) | 5.0% ±2.7 pts | 3.2% |
| With a disability | 12.6% ±3.8 pts | 10.7% |
| No health insurance coverage | 2.1% ±1.4 pts | 6.1% |
| High school graduate or higher (age 25+) | 95.4% ±1.9 pts | 92.5% |
| Bachelor's degree or higher (age 25+) | 56.7% ±6.7 pts | 55.9% |
| Graduate or professional degree (age 25+) | 28.0% ±7.5 pts | 25.1% |
| Lived in the same house a year earlier | 84.1% ±7.9 pts | 87.5% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Census Tract 531.03 earn?
Half of the 2,045 households in Census Tract 531.03 earn less than $152,278 a year (±$29,553), against $140,374 across Somerset County: 34th highest of the county's 74 tracts with a reliable estimate.
| Measure | Tract 531.03 | Franklin Township, Somerset County |
|---|---|---|
| Median household income | $152,278 ±$29,553 | $124,648 |
| Mean household income | $173,283 ±$19,557 | $156,385 |
| Per capita income | $63,420 ±$9,572 | $60,343 |
| People below the poverty line | 2.1% ±1.5 pts | 5.9% |
| Children under 18 below the poverty line | 0.0% ±3.6 pts | 9.1% |
| Households receiving SNAP | 1.6% ±1.3 pts | 4.3% |
| Households with a computer | 98.3% ±1.9 pts | 98.7% |
| Households with a broadband subscription | 96.0% ±2.7 pts | 97.8% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Census Tract 531.03?
Owners occupy 96.5% of Census Tract 531.03's occupied homes and renters 3.5%. The median owner-occupied home is valued at $493,500 by its owner (±$34,265).
| Measure | Tract 531.03 | Franklin Township, Somerset County |
|---|---|---|
| Median home value (owner-occupied) | $493,500 ±$34,265 | $457,900 |
| Median gross rent | $2,587 ±$2,537 | $2,115 |
| Renters paying 35% or more of income on rent | 45.6% ±34.2 pts | 35.3% |
| Median monthly owner costs, with a mortgage | $2,979 ±$321 | $2,754 |
| Owner-occupied homes | 96.5% ±2.4 pts | 69.3% |
| Renter-occupied homes | 3.5% ±2.4 pts | 30.7% |
| Housing units | 2,045 ±321 | 27,089 |
| Single-family detached homes | 97.8% ±2.5 pts | 46.5% |
| Mobile homes | 0.7% ±1.1 pts | 0.1% |
| Built 2020 or later | 0.0% ±2.2 pts | 0.6% |
| Built 2010 to 2019 | 0.0% ±2.2 pts | 8.8% |
| Built 1939 or earlier | 0.7% ±1.1 pts | 3.5% |
| Households with no vehicle | 4.9% ±5.9 pts | 3.9% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Census Tract 531.03 get to work?
64.9% of Census Tract 531.03's workers drive alone and 17.4% work from home. The average trip to work takes 35.9 minutes. The unemployment rate in 2020-2024 averaged 5.3%.
| Measure | Tract 531.03 | Franklin Township, Somerset County |
|---|---|---|
| In the labor force (age 16+) | 69.2% ±5.7 pts | 69.9% |
| Unemployment rate | 5.3% ±3.2 pts | 5.1% |
| Drove alone to work | 64.9% ±8.3 pts | 62.0% |
| Carpooled | 8.4% ±4.4 pts | 7.1% |
| Public transportation | 8.8% ±7.7 pts | 4.9% |
| Walked | 0.2% ±0.4 pts | 0.6% |
| Worked from home | 17.4% ±4.5 pts | 22.0% |
| Mean travel time to work | 35.9 min ±5.6 | 33.5 min |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
How does Census Tract 531.03 compare with the other tracts in Somerset County?
Among Somerset County's tracts with a reliable estimate, Census Tract 531.03 ranks as shown below (1 = highest).
| Measure | In Somerset County |
|---|---|
| Population | 20th of 74 |
| Residents per square mile | 27th of 74 |
| Median household income | 34th of 74 |
| Per capita income | 46th of 74 |
| Median home value | 43rd of 74 |
| Bachelor's degree or higher | 46th of 74 |
| Median age | 31st of 74 |
| Owner-occupied share | 6th of 74 |
The tracts next to it on Somerset County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 507.03 | 31st | $157,868±$38,270 · within the margin of this tract |
| Tract 529.04 | 32nd | $153,967±$58,441 · within the margin of this tract |
| Tract 507.01 | 33rd | $153,375±$34,596 · within the margin of this tract |
| Tract 531.03 | 34th | $152,278±$29,553 |
| Tract 535.01 | 35th | $151,250±$28,342 · within the margin of this tract |
| Tract 539.01 | 36th | $148,056±$46,157 · within the margin of this tract |
| Tract 503 | 37th | $147,500±$25,393 · within the margin of this tract |
"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed
How reliable are the figures for Census Tract 531.03?
2 of the 18 figures for Census Tract 531.03 on this page carry a coefficient of variation over 40% and are marked with a ring: they come from a small sample, so read them as rough.
A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections