Last updated: 2024 BLS data · Page refreshed:
Somerset has a population of 2,005 with a median age of 39.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,005 |
| Median Age | 39.9 |
| White | 42.5% |
| Asian | 0.4% |
| Hispanic or Latino | 83.0% |
The median household income in Somerset is $77,917, which is 3.3% below the national median of $80,610. The per capita income is $27,550. The poverty rate is 17.2%.
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In Somerset, 78.0% of residents age 25+ have a high school diploma or higher, and 16.0% hold a bachelor's degree or higher (4.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 78.0% |
| Bachelor's Degree or Higher | 16.0% |
| Graduate or Professional Degree | 4.0% |
The median home value in Somerset is $200,400, below the national median of $303,400. The median monthly rent is $1,189. The homeownership rate is 69.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $200,400 |
| Median Monthly Rent | $1,189 |
| Homeownership Rate | 69.0% |
| Vacancy Rate | 7.3% |
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