City profile · Maryland · Census ACS 2023

Somerset, MD

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.

1,020
Residents
$250,001
Median income
$1,820,800
Median home
$2,246
Median rent (state)

Somerset - the verdict

Out of every US city with 1,000+ residents, Somerset places in the 99th percentile for household income. Source: Census ACS.

99th
percentile, household income
99th
percentile, home value
87th
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, MD

Maryland's Somerset is a small town, with 1,020 residents per the latest Census Bureau ACS figures. Somerset households earn a median of $250,001 annually, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 1.0%. Home values in Somerset run a median of $1,820,800, and the median resident age is 50.4 years. About 94.2% of adults hold a bachelor's degree or higher, while 65.2% of working-age residents are in the labor force.

Maryland carries a cost-of-living premium: BEA Regional Price Parities 2024 puts Maryland at 105.0 on a 100-equals-national-average scale (Above Average). A typical two-bedroom carries a HUD Fair Market Rent of $2,246 per month statewide. EIA 2023 residential energy data puts Maryland's average monthly utility costs around $255 (state average). On FEMA's National Risk Index, this area rates 91.7 out of 100 for natural-hazard exposure (Very High).

Population

1,020 residents

Census ACS 2023 - Maryland

Median Household Income

$250,001 /yr

Poverty 1.0%

Cost of Living Index (state)

105.0 (US=100)

Above Average - BEA RPP 2024, Maryland average

How does Somerset compare to other US cities?

Here's how Somerset stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 99% higher than other cities
Home value 99% pricier than other cities
Median rent 87% 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

Each percentile compares Somerset against every qualifying US city; each in-state rank narrows that to Maryland only. Full formula and direction notes: methodology.

Maryland-relative analysis

Median Home Value is Somerset's strongest outlier among Maryland cities

Among the 450 Maryland cities PlainCities tracks with reported median home value data, Somerset ranks #1 - the 100th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Somerset only against its own state's cities, not the full US field.

Median Household Income
#1 of 445
98th percentile in Maryland
Median Gross Rent
#1 of 479
66th percentile in Maryland
Median Home Value
#1 of 450
100th percentile in Maryland
Poverty Rate
#349 of 479
27th percentile in Maryland
Bachelor's Degree or Higher
#4 of 479
99th percentile in Maryland

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Maryland only, not a livability score. See the methodology for the source and calculation.

99thIncome percentile

99th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Somerset's home value compares nationally

Median home value vs. every US city (population 1,000+)

$1,820,800 1st percentile more affordable than 1% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). Below this entry. $300,000–$325,000: 521 US cities (3%). Below this entry. $325,000–$350,000: 526 US cities (3%). Below this entry. $350,000–$375,000: 465 US cities (3%). Below this entry. $375,000–$400,000: 393 US cities (3%). Below this entry. $400,000–$425,000: 317 US cities (2%). Below this entry. $425,000–$450,000: 300 US cities (2%). Below this entry. $450,000–$475,000: 307 US cities (2%). Below this entry. $475,000–$500,000: 250 US cities (2%). Below this entry. $500,000–$525,000: 160 US cities (1%). Below this entry. $525,000–$550,000: 156 US cities (1%). Below this entry. $550,000–$575,000: 172 US cities (1%). Below this entry. $575,000–$600,000: 172 US cities (1%). Below this entry. $600,000–$625,000: 163 US cities (1%). Below this entry. $625,000–$650,000: 167 US cities (1%). Below this entry. $650,000–$675,000: 135 US cities (1%). Below this entry. $675,000–$700,000: 101 US cities (1%). Below this entry. $700,000–$725,000: 95 US cities (1%). Below this entry. $725,000–$750,000: 71 US cities (0%). Below this entry. $750,000–$775,000: 65 US cities (0%). Below this entry. $775,000–$800,000: 70 US cities (0%). Below this entry. $800,000–$825,000: 57 US cities (0%). Below this entry. $825,000–$850,000: 67 US cities (0%). Below this entry. $850,000–$875,000: 60 US cities (0%). Below this entry. $875,000–$900,000: 58 US cities (0%). Below this entry. $900,000–$925,000: 47 US cities (0%). Below this entry. $925,000–$950,000: 37 US cities (0%). Below this entry. $950,000–$975,000: 31 US cities (0%). Below this entry. $975,000–$1,000,000: 470 US cities (3%). Below this entry. $1,000,000–$1,025,000: 0 US cities (0%). This entry sits in this band. Somerset $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Somerset, MD Somerset, MD's reported median household income shown against the U.S. national quintile-share pattern (not Somerset, MD-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Somerset, MD median $250,001/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Somerset, MD's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Somerset, MD. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 94.2%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 1.0%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 65.2%

Census ACS S2301, share of working-age residents in the labor force

Population
1,020
Median Income
$250,001
Median Home Value
$1,820,800
Median Age
50.4
Poverty Rate
1.0%
Labor force participation
65.2%
Bachelor's Degree+
94.2%

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
1,140 residents1,160 residents1,180 residents1,200 residents 202020212022202320242025 1,190 residents 1,151 residents ▼ -3.3%
Somerset's Census PEP population estimates, 2020–2025.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
21.7%
Carpool
1.4%
Public Transit
15.7%
Walk
6.8%
Work from Home
46.1%
Other
8.3%

Based on 503 workers 16 and over.

Monthly Utility Costs

State-average estimates for Maryland - EIA 2023 residential energy data

Electricity
$120
avg/month
Natural Gas
$80
avg/month
Water & Sewer
$55
avg/month
Total Utilities
$255
estimated/month

Estimates reflect Maryland 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 Maryland 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
105.0
Above Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$2,246/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
91.7 / 100
Very High
FEMA NRI composite score (county)

Similar Cities in Maryland

Martin's Additions
1,019 people
Algonquin
1,027 people
Morningside
1,031 people
Queenstown
990 people
Church Hill
1,052 people
Chevy Chase Section Three
985 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Somerset's 1,020 residents (Census ACS 5-Year 2023).

Squirrel Mountain Valley, CA
1,020 people
Griswold, IA
1,020 people
Wisner, LA
1,020 people
Burwell, NE
1,020 people
Lakeshore Gardens-Hidden Acres, TX
1,020 people
Bassett, VA
1,020 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Somerset's $250,001 (Census ACS 5-Year 2023, table B19013).

Alamo, CA
$250,001 median income
Atherton, CA
$250,001 median income
Bell Canyon, CA
$250,001 median income
Belvedere, CA
$250,001 median income
Camino Tassajara, CA
$250,001 median income
Castle Hill, CA
$250,001 median income

Race & Ethnicity Composition

Race and ethnicity - Somerset, MD Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Somerset, MD - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 83.4% 7.8% ETHNICITY, Hispanic or Latino (any race) 7.5% White 83.4% Black or African American 2.1% Asian 5.1% American Indian 0.0% Native Hawaiian 0.0% Some other race 1.7% Two or more races 7.8% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Somerset compares to nearby Maryland cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Somerset (this city) 1,020 $250,001
Martin's Additions 1,019 $250,001
Algonquin 1,027 $72,917
Morningside 1,031 $80,000
Census ACS 5-year FIPS MD OMB Bulletin 23-01

What do people ask about Somerset, MD?

What is the population of Somerset, MD? +

Somerset, MD has a population of 1,020 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Somerset, MD? +

Somerset households earn a median of $250,001 annually, 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 Maryland state average, a cost of living index of 105.0 (U.S. average = 100), rated "Above Average" based on BEA Regional Price Parities 2024 data. Costs within Maryland vary by metro area.

What is the median home value in Somerset, MD? +

Homes in Somerset carry a median value of $1,820,800, according to Census ACS 2023 estimates.

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

Verify with HUD →

Verify with FBI →

Verify with NOAA →

Verify with U.S. Census Bureau →

Verify with EPA →

Verify with FEMA →

Verify with BEA →

Verify with EIA →

Verify with NCES →

Every 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.