HomeIndianaWabash CountySomerset CDP
Somerset CDP, Indiana: commercial real estate data.
Somerset CDP is a Census CDP of 221 people across 0.68 square miles of land, in Wabash County. Median household income is $86,161, 70.7 percent of occupied homes are owned.
50 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency
This is a small place, and the figures below carry wide margins.
The American Community Survey reaches Somerset through a sample, not a count, and in a place this size that sample is thin. The population estimate here is 221 with a margin of error of plus or minus 117, which is 52.9 percent of the estimate itself. Every figure whose margin reaches 20 percent is printed with that margin beside it, so you can see the width of each one rather than having to assume it.
Nothing has been removed or adjusted. These are the published federal estimates, shown with the uncertainty the Census publishes alongside them.
Somerset
What Somerset is
- Census place typeCDP
- Land area0.68 sq mi
- Water area0.14 sq mi
- Population per square mile of land325 plus or minus 172
- County holding the largest share of its areaWabash County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Somerset
How many people live in Somerset
- Population221 plus or minus 117
- Median age65.3
- Population under 1810 plus or minus 21
- Share under 184.5 percent plus or minus 9.4
- Population 65 and over116 plus or minus 54
- Share 65 and over52.5 percent plus or minus 37.0
- Households133 plus or minus 63
- Family households66 plus or minus 45
- Share of households that are families49.6 percent plus or minus 24.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Somerset
Income and work in Somerset
- Median household income$86,161 plus or minus $37,956
- Per capita income$48,107 plus or minus $13,896
- Civilian labor force113 plus or minus 114
- Employed113 plus or minus 114
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over211 plus or minus 113
- Adults 25 and over with a high school diploma or higher81.0 percent plus or minus 29.6
- Adults 25 and over with a bachelor degree or higher7.6 percent plus or minus 13.6
- Adults 25 and over with a graduate degree0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Somerset
Housing in Somerset
- Housing units149 plus or minus 67
- Occupied units133 plus or minus 63
- Vacant units16 plus or minus 25
- Vacancy rate10.7 percent plus or minus 16.1
- Owner occupied94 plus or minus 49
- Renter occupied39 plus or minus 30
- Ownership rate70.7 percent plus or minus 15.4
- Median owner-occupied home value$110,000 plus or minus $64,890
- Median gross rent, monthly$668
- Annual rent as a share of median income9.3 percent plus or minus 4.1
- Single family units110 plus or minus 56
- Share single family73.8 percent plus or minus 17.0
- Units in buildings of two or more39 plus or minus 33
- Share in buildings of two or more26.2 percent plus or minus 18.9
- Mobile homes0
- Median year structure built1980
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Somerset
How Somerset gets to work
- Workers 16 and over who commute113 plus or minus 114
- Commuting under 15 minutes23 plus or minus 29
- Share commuting under 15 minutes20.4 percent plus or minus 15.5
- Commuting 30 minutes or more27 plus or minus 35
- Share commuting 30 minutes or more23.9 percent plus or minus 20.1
- Drove alone100.0 percent
- Carpooled0.0 percent
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wabash County, not Somerset
Wabash County context, not Somerset figures
These are Wabash County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Somerset measurements.
- Establishments in Wabash County747
- Employment at those establishments, Wabash County10,893
- Covered employment, Wabash County12,395
- Average annual pay, Wabash County$50,288
- Average weekly wage, Wabash County$967
- Housing units permitted, Wabash County46
- Of those, single family, Wabash County46
- County product, 2024, Wabash County$1,714,709,000
- County product change over the prior year, Wabash County2.1 percent
- Average income of an arriving household, Wabash County$47,691
Every figure in this section is published for Wabash County as a whole and is not a measurement of Somerset. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Somerset questions, answered from the record.
How many people live in Somerset, Indiana?
221, in 133 households. Somerset CDP covers 0.68 square miles of land, which is 325 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Somerset in?
Wabash County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Somerset?
$86,161. The median owner-occupied home is valued at $110,000. Median gross rent is $668 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Somerset figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wabash County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Somerset.
Is zoning published for Somerset?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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