Massachusetts · Census place 62465
Somerset CDP, MA
Quick answer
Somerset CDP has 18,246 residents, ranking #72 of 248 places in Massachusetts. Median household income is $111,720, the median home is worth $389,400 and median gross rent runs $1,313 a month.
- Population
- 18,246Somerset CDP residents
- Median household income
- $111,720Past 12 months, inflation adjusted
- Median home value
- $389,400Owner-occupied units
- Median gross rent
- $1,313Rent plus utilities, monthly
- Median age
- 47 yrsAll residents
- Homeownership rate
- 84.4%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 14.1% 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. The median home costs 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5% of residents and 84.4% 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 Massachusetts.
- Marblehead CDP 20,334
- Winthrop Town city 18,807
- Newburyport city 18,444
- Southbridge Town city 17,806
- Greenfield city 17,662
- Amesbury Town city 17,277
- Abington CDP 17,008
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