Population
241 residents
Census ACS 2023 - Indiana
City profile · Indiana · Census ACS 2023
Somerset, IN
Population, income, housing, safety, climate and schools for Somerset - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.
- 241
- Residents
- $105,272
- Median income
- $956
- Median rent (state)
Somerset - the verdict
Measured against every US city with at least 1,000 residents, Somerset lands in the 81st percentile for household income. Source: Census ACS.
- 81st
- percentile, household income
- 11th
- percentile, median rent
📝 How we sourced this
Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.
Data Snapshot: Somerset, IN
241 people live in Somerset, Indiana - a small town by U.S. Census Bureau ACS 2023 estimates. The typical household in Somerset brings in $105,272 a year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 6.8%. The median resident age is 56.9 years. 18.3% of adults here have a bachelor's degree or higher; 55.3% of working-age residents are in the labor force.
Living costs in Indiana run below the national norm: the state registers 93.3 on a 100-equals-national-average index (Below Average) per BEA Regional Price Parities 2024. Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $956 monthly. Statewide, average monthly utility bills in Indiana run around $235, per EIA 2023 residential energy data. The average commute for Somerset workers runs 22.1 minutes, with 100.0% driving alone and 0.0% working from home. FEMA's National Risk Index rates natural-hazard exposure at 41.0 out of 100 (Low).
Median Household Income
$105,272 /yr
Poverty 6.8%
Cost of Living Index (state)
93.3 (US=100)
Below Average - BEA RPP 2024, Indiana average
How does Somerset compare to other US cities?
Where Somerset sits among all US cities (population 1,000+) on each measure, computed live from Census and FBI data.
Household income 81% higher than other cities
Median rent 11% pricier than other cities
"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.
How we calculate these percentiles & ranks
For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Somerset's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in Indiana, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.
81st percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.
Income distribution context
Key socioeconomic indicators
Bachelor's degree or higher (adults 25+) 18.3%
Census ACS S1501, educational attainment
Poverty rate (households below FPL) 6.8%
Census ACS S1701, poverty status
Labor force participation (adults 16+) 55.3%
Census ACS S2301, share of working-age residents in the labor force
Population
241
Median Income
$105,272
Median Home Value
N/A
Median Age
56.9
Poverty Rate
6.8%
Labor force participation
55.3%
Bachelor's Degree+
18.3%
Commute Patterns
How workers travel to work, Census ACS 2023
Average Commute Time
22.1 minutes
Drive Alone
100.0%
Carpool
0.0%
Public Transit
0.0%
Walk
0.0%
Work from Home
0.0%
Based on 121 workers 16 and over.
Monthly Utility Costs
State-average estimates for Indiana - EIA 2023 residential energy data
Electricity
$110
avg/month
Natural Gas
$80
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$235
estimated/month
Estimates reflect Indiana state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.
Living Costs & Risk
Cost of living is a Indiana state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Somerset sits in
Cost of Living Index
93.3
Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$956/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
41.0 / 100
Low
FEMA NRI composite score (county)
Similar Cities in Indiana
Cities of a Similar Size Nationwide
Population-matched peers from other states, closest to Somerset's 241 residents (Census ACS 5-Year 2023).
Cities with a Similar Household Income Nationwide
Median-household-income-matched peers from other states, closest to Somerset's $105,272 (Census ACS 5-Year 2023, table B19013).
Race & Ethnicity Composition
City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.
How Somerset compares to nearby Indiana cities
Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).
Census ACS 5-year FIPS IN OMB Bulletin 23-01
What do people ask about Somerset, IN?
What is the population of Somerset, IN? +
The population of Somerset, IN stands at 241 according to U.S. Census Bureau ACS 2023 estimates.
What is the median household income in Somerset, IN? +
Median annual household income in Somerset runs $105,272, based on Census ACS 2023 data.
What is the cost of living in Somerset? +
BEA does not publish a city-level cost-of-living figure for Somerset; the closest available measure is the Indiana state average, a cost of living index of 93.3 (U.S. average = 100), rated "Below Average" based on BEA Regional Price Parities 2024 data. Costs within Indiana vary by metro area.
Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.
Read our methodology - how this data is sourced, computed, and verified.
Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.
Citation & verification links
Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities EditorialEvery figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.