Last updated: 2024 BLS data · Page refreshed:
Somerset has a population of 221 with a median age of 65.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 221 |
| Median Age | 65.3 |
| White | 91.4% |
| Hispanic or Latino | 8.1% |
The median household income in Somerset is $86,161, which is 6.9% above the national median of $80,610. The per capita income is $48,107. The poverty rate is 11.8%.
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In Somerset, 81.0% of residents age 25+ have a high school diploma or higher, and 7.6% hold a bachelor's degree or higher.
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 81.0% |
| Bachelor's Degree or Higher | 7.6% |
The median home value in Somerset is $110,000, below the national median of $303,400. The median monthly rent is $668. The homeownership rate is 70.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $110,000 |
| Median Monthly Rent | $668 |
| Homeownership Rate | 70.7% |
| Vacancy Rate | 10.7% |
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