HomeOhioPerry CountySomerset village
Somerset village, Ohio: commercial real estate data.
Somerset village is a Census village of 1,216 people across 1.17 square miles of land, in Perry County. Median household income is $55,208, 58.5 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $55,200.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Somerset
What Somerset is
- Census place typevillage
- Land area1.17 sq mi
- Water area0 sq mi
- Population per square mile of land1,044 plus or minus 270
- County holding the largest share of its areaPerry 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
- Population1,216 plus or minus 315
- Median age32.1
- Population under 18316 plus or minus 103
- Share under 1826.0 percent
- Population 65 and over277 plus or minus 75
- Share 65 and over22.8 percent
- Households523 plus or minus 126
- Family households240 plus or minus 76
- Share of households that are families45.9 percent plus or minus 9.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Somerset
Income and work in Somerset
- Median household income$55,208 plus or minus $16,640
- Per capita income$29,267 plus or minus $6,408
- Civilian labor force480 plus or minus 144
- Employed455 plus or minus 136
- Unemployed25 plus or minus 22
- Unemployment rate5.2 percent plus or minus 4.3
- Adults 25 and over825 plus or minus 183
- Adults 25 and over with a high school diploma or higher87.2 percent plus or minus 26.5
- Adults 25 and over with a bachelor degree or higher26.8 percent plus or minus 9.0
- Adults 25 and over with a graduate degree5.5 percent plus or minus 4.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Somerset
Housing in Somerset
- Housing units644 plus or minus 137
- Occupied units523 plus or minus 126
- Vacant units121 plus or minus 63
- Vacancy rate18.8 percent plus or minus 8.9
- Owner occupied306 plus or minus 92
- Renter occupied217 plus or minus 82
- Ownership rate58.5 percent
- Median owner-occupied home value$225,000 plus or minus $60,317
- Median gross rent, monthly$819
- Annual rent as a share of median income17.8 percent plus or minus 6.1
- Single family units480 plus or minus 126
- Share single family74.5 percent
- Units in buildings of two or more106 plus or minus 45
- Share in buildings of two or more16.5 percent plus or minus 6.1
- Mobile homes58 plus or minus 30
- Median year structure built1952
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 commute362 plus or minus 115
- Commuting under 15 minutes56 plus or minus 29
- Share commuting under 15 minutes15.5 percent plus or minus 6.3
- Commuting 30 minutes or more175 plus or minus 67
- Share commuting 30 minutes or more48.3 percent plus or minus 10.4
- Drove alone73.3 percent
- Carpooled3.6 percent plus or minus 3.2
- Public transport0.9 percent plus or minus 1.3
- Walked2.9 percent plus or minus 2.8
- Worked from home19.4 percent plus or minus 12.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Somerset
SBA loans in Somerset (7(a))
- Approvals2
- Gross approval$55,200
- Average approval$27,600
- Median approval$29,200
- Ninetieth percentile approval$29,200
- Largest approval$29,200
- Jobs supported6
- Jobs per approval3.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS2
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Perry County, not Somerset
Perry County context, not Somerset figures
These are Perry 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 Perry County455
- Employment at those establishments, Perry County4,478
- Covered employment, Perry County6,398
- Average annual pay, Perry County$50,770
- Average weekly wage, Perry County$976
- Housing units permitted, Perry County34
- Of those, single family, Perry County31
- County product, 2024, Perry County$937,164,000
- County product change over the prior year, Perry County0.3 percent
- Average income of an arriving household, Perry County$55,186
Every figure in this section is published for Perry 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.
- 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, Ohio?
1,216, in 523 households. Somerset village covers 1.17 square miles of land, which is 1,044 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?
Perry 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?
$55,208. The median owner-occupied home is valued at $225,000. Median gross rent is $819 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Somerset businesses?
2 7(a) approvals totalling $55,200, across 1 lenders, median approval $29,200. These count approvals to borrowers whose address is in Somerset, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Somerset borrowers get paid back?
No rate is published for Somerset. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
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 Perry 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.