Somerset
Somerset is significantly wealthier than the US average, with a median household income of $243,125. Population has held roughly steady since 2000. 91% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value has more than doubled since 2000, reaching $1,000,001. With a median age of 45.5, the population is older than the US median of 37.2. Households here earn about 244% more than the Maryland median.
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How many people live in Somerset, Maryland?
Somerset, Maryland has about 1,216 residents according to the 2010 American Community Survey.
What is the median household income in Somerset, Maryland?
The typical household in Somerset, Maryland earns about $243,125 a year. Half of households make more than that, and half make less.
Is Somerset, Maryland expensive?
In Somerset, Maryland, the median home is worth about $1,000,001, and the typical rent is about $2,001 a month.
How educated are people in Somerset, Maryland?
About 91.4% of adults age 25 and over in Somerset, Maryland hold a bachelor's degree or higher.
What is the poverty rate in Somerset, Maryland?
About 2.4% of people in Somerset, Maryland live below the federal poverty line.
Has Somerset, Maryland grown since 1990?
Yes, Somerset, Maryland has grown since 1990. The population has added about 223 residents, a change of about 22 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024