Indiana · Census place 70524
Somerset CDP, IN
Quick answer
Somerset CDP has 241 residents, ranking #674 of 976 places in Indiana. Median household income is $105,272, the median home is worth — and median gross rent runs $603 a month.
- Population
- 241Somerset CDP residents
- Median household income
- $105,272Past 12 months, inflation adjusted
- Median home value
- —Owner-occupied units
- Median gross rent
- $603Rent plus utilities, monthly
- Median age
- 56.9 yrsAll residents
- Homeownership rate
- 77.5%Owner-occupied households
What the numbers mean in Somerset CDP
Housing cost measured against local earnings.
A household earning the Somerset CDP median would spend about 6.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. Poverty affects 11.2% of residents and 77.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Glezen CDP 243
- South Milford CDP 243
- Cree Lake CDP 241
- Hazleton town 240
- Goldsmith CDP 239
- Linn Grove CDP 238
- Somerville town 238
Keep going
More Indiana coverage.