Somerset is a metro area of 65,897 people. 18% of adults hold a bachelor's degree, below the 36% national rate. Home values have more than doubled since 2000, reaching $166,900. The foreign-born share is 2%. At a median age of 42.3, this is an older place than the country as a whole. Median rent is $803 a month.
At a glance
Lower income
median household income $51,898, below the US median
US median: $82,259
Older
median age 42.3
US median: 38.9
Less educated
18% hold a bachelor's degree
US average: 36%
Less affordable
home values up 41%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Somerset
What changed most since 1990
White share97.6% → 92.3%(−5.3 pts)US over the same years: −17.8 pts
Adults with a bachelor's degree9.2% → 18.1%(+8.9 pts)US over the same years: +15.3 pts
Among the 21 metro and micro areas based in Kentucky
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)19.3%(755)
US avg: 26.4%
Gulf War (1990s)24.7%(966)
US avg: 24.3%
Vietnam era38.1%(1,491)
US avg: 33.1%
Korean War6.2%(244)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 3,911 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Somerset, decade by decade
Somerset population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
49,489
$43,676
$106,563
9.2%
5.9
2000
56,217
$49,859
$118,043
10.5%
7.7
2010
63,063
$47,143
$137,384
14.5%
12.0
2020
65,034
$49,279
$138,051
16.8%
19.8
2024
65,897
$51,898
$166,900
18.1%
18.3
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
