Somerset, IN

Full City Profile · Indiana · Wabash County County

4.1 /5.0
A Great
241 Population 354/sq mi density
$105,272 Median Income $45,687 per capita
$603 Median Rent 51.0% income on rent
51°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.9 / 5.0
$105,272 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
C
Education
2.5 / 5.0
18.3% bachelor's degree or higher

Somerset, IN

At a Glance

Median Income
$105,272
40% above
$45,687 per capita
Median Rent
$603/mo
48% below
51.0% of income on rent
Bachelor's Degree+
18.3%
46% below
85.4% high school+
Unemployment
0.0%
100% below
6.8% poverty rate
Obesity Rate
40.1%
25% above
20.1% smoking rate
Avg Temperature
51°F

How Somerset Compares to the U.S. Average

Each bar shows Somerset's value as a percentage of the national average (100% = U.S. avg)

Income
140%
Rent
52%
Poverty
55%
Bachelor's
54%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Somerset a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Somerset residents earn a median household income of $105,272 , which is 40% above the national average of $75,149. Per capita income is $45,687. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 6.8% of residents live below the poverty line. The area is home to 778 business establishments, including 65 restaurants.

Education

18.3% of adults in Somerset hold a bachelor's degree or higher (46% below the national average). 85.4% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Somerset has an average annual temperature of 51°F (11°C). Winters average 26°F in January while summers reach 74°F in July. Annual precipitation totals 40.3 inches. Air quality is rated Good with a median AQI of 36.

Data Overview

People

Population241
Median Age56.9 yrs
Density354/mi²
Male / Female40% / 60%
Foreign Born0.0%
Veterans7.3%

Economy

A+
Median Income$105,272
Per Capita$45,687
Unemployment0.0%
Poverty6.8%
County GDP$1,715M
Avg Weekly Wage$967

Housing

A+
Home Value
Rent$603
Ownership77.5%
Zillow$175,869
Housing Units170
Rent Burden51.0%

Health

Obesity40.1%
Diabetes11.9%
Smoking20.1%
Heart Disease6.9%
Premature Death10,985/100K

Climate

Avg Temp51°F
Rain40.3 in/yr
AQI36 (Good)
Elevation791 ft

Education

C
Bachelor's+18.3%
High School+85.4%
Graduate+0.0%
School Score5.9/10

Community

2024 VoteR 75% / D 24%
Broadband90.7%
Internet Speed135 Mbps
EV Stations5
Libraries3

Did You Know?

The median home in Somerset was built in 1995.
The nearest airport is Delaware County Regional (37 miles).
The Gini coefficient (income inequality) is 0.405 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
33.2% of the population has a disability.
Average internet download speed is 135 Mbps.
The county recorded 3 fatal vehicle crashes.