HomeNew JerseyAtlantic CountySomers Point
Somers Point, New Jersey: commercial real estate data.
Somers Point is a Census city of 10,515 people across 4.01 square miles of land, in Atlantic County. Median household income is $71,062, 52.4 percent of occupied homes are owned, and the SBA record carries 11 7(a) approvals to borrowers here worth $4.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Somers Point
What Somers Point is
- Census place typecity
- Land area4.01 sq mi
- Water area1.22 sq mi
- Population per square mile of land2,622
- County holding the largest share of its areaAtlantic County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Somers Point
How many people live in Somers Point
- Population10,515
- Median age43.6
- Population under 182,012 plus or minus 446
- Share under 1819.1 percent plus or minus 4.2
- Population 65 and over2,209
- Share 65 and over21.0 percent
- Households4,644
- Family households2,665
- Share of households that are families57.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Somers Point
Income and work in Somers Point
- Median household income$71,062
- Per capita income$40,020
- Civilian labor force6,014
- Employed5,385
- Unemployed629 plus or minus 197
- Unemployment rate10.5 percent plus or minus 3.2
- Adults 25 and over7,687
- Adults 25 and over with a high school diploma or higher92.7 percent
- Adults 25 and over with a bachelor degree or higher34.9 percent
- Adults 25 and over with a graduate degree13.4 percent plus or minus 4.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Somers Point
Housing in Somers Point
- Housing units5,695
- Occupied units4,644
- Vacant units1,051 plus or minus 239
- Vacancy rate18.5 percent plus or minus 4.1
- Owner occupied2,433
- Renter occupied2,211
- Ownership rate52.4 percent
- Median owner-occupied home value$309,200
- Median gross rent, monthly$1,383
- Annual rent as a share of median income23.4 percent
- Single family units3,228
- Share single family56.7 percent
- Units in buildings of two or more2,462
- Share in buildings of two or more43.2 percent
- Mobile homes5 plus or minus 8
- Median year structure built1969
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Somers Point
How Somers Point gets to work
- Workers 16 and over who commute4,719
- Commuting under 15 minutes1,498 plus or minus 310
- Share commuting under 15 minutes31.7 percent
- Commuting 30 minutes or more1,315 plus or minus 278
- Share commuting 30 minutes or more27.9 percent
- Drove alone78.0 percent
- Carpooled3.9 percent plus or minus 2.0
- Public transport1.6 percent plus or minus 1.2
- Walked6.3 percent plus or minus 3.7
- Worked from home9.5 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Somers Point
SBA loans in Somers Point (7(a))
- Approvals11
- Gross approval$4,138,300
- Average approval$376,209
- Median approval$250,000
- Largest approval$1,350,000
- Jobs supported120
- Jobs per approval10.9
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more27.3 percent
- Share to franchises18.2 percent
- Distinct lenders7
- Distinct industries by NAICS9
Counted by borrower city: approvals to borrowers whose address is in Somers Point, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Somers Point
SBA loans in Somers Point (504)
- Approvals4
- Gross approval$2,865,000
- Average approval$716,250
- Median approval$672,000
- Largest approval$1,196,000
- Jobs supported113
- Loans with a final outcome2
- Charged off0
- Median term270 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Somers Point, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Somers Point
Flood risk in Somers Point
- NFIP communityCity of Somers Point
- NFIP community number340017
- Participating in the NFIPYes
- Community Rating System classClass 6
- Currently effective map date11/17/82
The City of Somers Point participates in the National Flood Insurance Program as community 340017 and carries Community Rating System class 6, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Atlantic County, not Somers Point
Atlantic County context, not Somers Point figures
- Establishments in Atlantic County6,192
- Covered employment, Atlantic County125,157
- Average annual pay, Atlantic County$59,219
- Housing units permitted, Atlantic County647
Every figure in this section is published for Atlantic County as a whole and is not a measurement of Somers Point.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Somers Point questions, answered from the record.
How many people live in Somers Point, New Jersey?
10,515, in 4,644 households. Somers Point city covers 4.01 square miles of land, which is 2,622 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Somers Point in?
Atlantic County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Somers Point?
$71,062. The median owner-occupied home is valued at $309,200. Median gross rent is $1,383 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Somers Point businesses?
11 7(a) approvals totaling $4.1 m since FY2020, across 7 lenders, median approval $250,000, plus 4 504 approvals worth $2.9 m since FY2010. These count approvals to borrowers whose address is in Somers Point, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Somers Point borrowers get paid back?
No rate is published for Somers Point. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Somers Point in the National Flood Insurance Program?
Yes. Somers Point appears in the FEMA Community Status Book as Somers Point, city of, community 340017, carrying Community Rating System class 6, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Somers Point figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Atlantic County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Somers Point.
Is zoning published for Somers Point?
No. Nothing on this page presents parcel level zoning.