HomeNew JerseyAtlantic CountySomers Point city
Somers Point city, New Jersey: commercial real estate data.
Somers Point city 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to Somers Point borrowers
- Approvals11
- Gross approval$4,138,300
- Average approval$376,209
- Median approval$250,000
- Ninetieth percentile approval$1,100,300
- 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
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Somers Point
SBA 504 lending to Somers Point borrowers
- Approvals4
- Gross approval$2,865,000
- Average approval$716,250
- Median approval$734,000
- Largest approval$1,196,000
- Jobs supported113
- Loans with a final outcome2
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Atlantic County, not Somers Point
Atlantic County context, not Somers Point figures
These are Atlantic County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Somers Point measurements.
- Establishments in Atlantic County6,192
- Employment at those establishments, Atlantic County106,760
- Covered employment, Atlantic County125,157
- Average annual pay, Atlantic County$59,219
- Average weekly wage, Atlantic County$1,139
- Housing units permitted, Atlantic County647
- Of those, single family, Atlantic County383
- County product, 2024, Atlantic County$19,423,169,000
- County product change over the prior year, Atlantic County4.6 percent
- Average income of an arriving household, Atlantic County$89,439
Every figure in this section is published for Atlantic County as a whole and is not a measurement of Somers Point. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $4.1 m, across 7 lenders, median approval $250,000, plus 4 504 approvals worth $2.9 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Somers Point figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.