The median value of a home in Somerset, IN 46984 is $174,300 with an appreciation rate of 10.50%. 100.00% of housing in the state is owned while 0.00% is rented.
The median value of a home in Somerset, IN 46984 is $174,300 with an appreciation rate of 10.50%. 100.00% of housing in the state is owned while 0.00% is rented.
The cost of living in Somerset, IN 46984 is 87.8 %.
The unemployment rate in Somerset, IN 46984 is 2.50%, and recent job growth is at 1.27%. Future job growth is projected at 37.13%.
The sales tax rate in Somerset, IN 46984 is 7.00%, while the income tax rate is 3.23% .
School expenditures in Somerset, IN 46984 are $12,115, and the school ratio is 15.3:1.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 40.8 inches per year, with 29.4 inches of snow per year.