All Countries
Somerset, MD
Full City Profile · Maryland · District of Columbia County
3.8
/5.0
B+
Good
1,020
Population
3,643/sq mi density
$250,001
Median Income
$155,205 per capita
$1,820,800
Home Value
$1,216,118 Zillow
$3,501
Median Rent
28.3% income on rent
56°F
Avg Temperature
293 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$250,001 median income, 0.5% unemployment
C+
Affordability
2.6 / 5.0
$1,820,800 home value, $3,501/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
94.2% bachelor's degree or higher
Income Overview
Median Household Income
$250,001
233% above
US avg: $75,149
Per Capita Income
$155,205
297% above
US avg: $39,052
Unemployment Rate
0.5%
86% below
US avg: 3.6%
Poverty Rate
1.0%
92% below
US avg: 12.4%
Income Comparison: Somerset vs. U.S. Average
Each bar shows Somerset’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$250,001
333%
Per Capita
US: $39,052
$155,205
397%
IRS Avg AGI
US: $72,000
$134,291
187%
Avg Weekly Wage
US: $1,432
$2,365
165%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$2,365
65% above US avg ($1,432)
Mean Commute Time
35 min
26% above US avg (28 min)
Work From Home
46.1%
203% above US avg (15.2%)
Drive Alone
21.7%
70% below US avg (73.2%)
Public Transit
15.7%
214% above US avg (5.0%)
County GDP
$184,298M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
21.7%
Public Transit
15.7%
Work From Home
46.1%
Other
16.5%
Average commute time
35 minutes
US avg: 28 min
Business Landscape
Total Establishments
52,228
Restaurants
2,762
Healthcare
2,331
Retail
1,649
Manufacturing
106
Tax & Financial
IRS Avg Adjusted Gross Income
$134,291
87% above US avg ($72,000)
Avg Property Tax
$6,712
92% above US avg ($3,500)
Cost of Living Index
105.0
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $250,001 |
| Per Capita Income | $155,205 |
| IRS Avg Adjusted Gross Income | $134,291 |
| Avg Weekly Wage | $2,365 |
| County GDP | $184,298M |
Hardship Indicators
| Unemployment Rate | 0.5% |
| Poverty Rate | 1.0% |
| Gini Coefficient | 0.517 |
| Cost of Living Index | 105.0 |
Commute
| Mean Commute | 35 minutes |
| Drive Alone | 21.7% |
| Public Transit | 15.7% |
| Work From Home | 46.1% |
Businesses
| Total Establishments | 52,228 |
| Restaurants | 2,762 |
| Healthcare | 2,331 |
| Retail | 1,649 |
| Manufacturing | 106 |
Tax
| IRS Avg AGI | $134,291 |
| Avg Property Tax | $6,712 |