Somerset vs Silver Spring
| Somerset | Silver Spring | |
|---|---|---|
| Population | 1,028 | 81,808 |
| Median Household Income | $250,001 | $99,860 |
| Median Home Value | $1,775,000 | $643,300 |
| Median Gross Rent | $3,501/mo | $1,913/mo |
| Homeownership Rate | 87.8% | 38.3% |
| Unemployment Rate | 2.3% | 5.4% |
| Bachelor's Degree or Higher | 93.7% | 60.6% |
| Median Age | 51.2 | 35.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.