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Somerset has a population of approximately 11,696 and experiences a population change rate of 3.03%. The population density is 1,012 / sq mi .
The median household income for Somerset is $30,107, with 4,462 households and an average household size of 2.46.
The median value of a home in Somerset is $192,700 with an appreciation rate of 16.70%. 42.59% of housing in the state is owned while 45.43% is rented.
The cost of living in Somerset is 80.8 %.
The unemployment rate in Somerset is 3.90%, and recent job growth is at -1.29%. Future job growth is projected at 24.59%.
The sales tax rate in Somerset is 6.00%, while the income tax rate is 5.00% .
School expenditures in Somerset are $11,277, and the school ratio is 15.6:1.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 25.3 degrees. The average rainfall is approximately 50 inches per year, with 10.3 inches of snow per year.
