Somerset vs Madison
| Somerset | Madison | |
|---|---|---|
| Population | 3,034 | 268,516 |
| Median Household Income | $80,395 | $78,050 |
| Median Home Value | $286,600 | $372,900 |
| Median Gross Rent | $1,191/mo | $1,413/mo |
| Homeownership Rate | 56.6% | 46.0% |
| Unemployment Rate | 2.3% | 2.6% |
| Bachelor's Degree or Higher | 21.4% | 59.9% |
| Median Age | 27.9 | 31.8 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.