Somerset has a population of approximately 6,059 and experiences a population change rate of -10.40%. The population density is 2,220.2 / sq mi .
Somerset has a population of approximately 6,059 and experiences a population change rate of -10.40%. The population density is 2,220.2 / sq mi .
The median household income for Somerset is $45,238, with 2,672 households and an average household size of 2.18.
The median value of a home in Somerset is $122,800 with an appreciation rate of 14.30%. 49.03% of housing in the state is owned while 34.79% is rented.
The cost of living in Somerset is 81.2 %.
The unemployment rate in Somerset is 3.60%, and recent job growth is at -2.07%. Future job growth is projected at 23.96%.
The sales tax rate in Somerset is 6.00%, while the income tax rate is 3.07% .
School expenditures in Somerset are $17,600, and the school ratio is 12.1:1.
The average high temperature in July is 79.4 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 40.7 inches per year, with 80.4 inches of snow per year.