Median Household Income
$250,001 ± $-333,333,333
Median Home Value
$1,775,000 ± $129,189
Median Gross Rent
$3,501 ± $-333,333,333/mo
Per Capita Income
$168,114
Poverty Rate
1.9%
Unemployment Rate
2.3%
Homeownership Rate
87.8%
Bachelor's Degree or Higher
93.7%
Median Age
51.2
Average Commute
19 min
Households
393
Veterans
32
Population Over Time
Somerset shrank 5.2% from 2014 to 2024.
2014
1,148
2016
1,215
2018
1,136
2020
952
2022
1,028
2024
1,088
Population by Race & Ethnicity
White
83.6%
Hispanic or Latino
6.2%
Black or African American
1.9%
Asian
4.3%
Nearby Cities in Maryland
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.