Somerset vs Lowell
| Somerset | Lowell | |
|---|---|---|
| Population | 18,266 | 114,737 |
| Median Household Income | $112,677 | $78,658 |
| Median Home Value | $418,800 | $429,200 |
| Median Gross Rent | $1,271/mo | $1,625/mo |
| Homeownership Rate | 86.9% | 43.2% |
| Unemployment Rate | 3.3% | 5.7% |
| Bachelor's Degree or Higher | 37.6% | 30.0% |
| Median Age | 47.0 | 35.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.