Somerset vs Frederick
| Somerset | Frederick | |
|---|---|---|
| Population | 1,028 | 78,390 |
| Median Household Income | $250,001 | $97,069 |
| Median Home Value | $1,775,000 | $401,500 |
| Median Gross Rent | $3,501/mo | $1,764/mo |
| Homeownership Rate | 87.8% | 58.8% |
| Unemployment Rate | 2.3% | 3.8% |
| Bachelor's Degree or Higher | 93.7% | 43.2% |
| Median Age | 51.2 | 37.1 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.