Ohio · Census place 72977
Somerset village, OH
Quick answer
Somerset village has 1,417 residents, ranking #583 of 1265 places in Ohio. Median household income is $49,145, the median home is worth $190,200 and median gross rent runs $774 a month.
- Population
- 1,417Somerset village residents
- Median household income
- $49,145Past 12 months, inflation adjusted
- Median home value
- $190,200Owner-occupied units
- Median gross rent
- $774Rent plus utilities, monthly
- Median age
- 33.3 yrsAll residents
- Homeownership rate
- 59.6%Owner-occupied households
What the numbers mean in Somerset village
Housing cost measured against local earnings.
A household earning the Somerset village median would spend about 18.9% 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. The median home costs 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19.2% of residents and 59.6% 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 Ohio.
- Bratenahl village 1,433
- Galena village 1,427
- Frankfort village 1,419
- Rossmoyne CDP 1,414
- Lynchburg village 1,408
- Winchester village 1,402
- Forest village 1,401
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More Ohio coverage.