A+
377%
Income/capita NAT. AVG.
352%
Household income NAT. AVG.
100%
Unemployment NAT. AVG.
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IndexSomersetMarylandNational
Income per capita$142,160$37,756$29,829
Median household income$250,001$76,067$55,322
Median income owner occupied$250,001$95,994$70,586
Median income renter occupied$0$47,333$35,192
Median earnings male$177,500$46,495$36,919
Median earnings female$87,344$35,612$26,250
Unemployment rate0.0%4.5%4.7%
Poverty level2.8%9.9%15.1%
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Key findings

  • The income per capita in Somerset is 377% higher than the national average
  • The median household income in Somerset is 352% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Somerset is 100% lower than the national average
  • The poverty level in Somerset is 81% lower than the national average

Best Places for Employment in and Around Somerset

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Compare Somerset, MD Employment

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      am i middle class

      $
      Input your household income
      $166,650 $250,001 $500,002
      City
      $50,706 $76,067 $152,134
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Somerset median earnings by income bracket

      Somerset employment by industry

      Labour TypeMaleFemale
      Construction industry0.0%0.0%
      Manufacturing sector1.2%1.2%
      Financial & insurance services5.3%5.3%
      Wholesale & retail services2.0%2.0%
      Public administration18.6%18.6%
      Transportation, warehousing & utilities0.0%0.0%
      Education, health & social services18.2%18.2%
      Other53.8%53.8%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Chevy Chase, MD2,979$250,001351.9%
      Chevy Chase Village, MD1,871$250,001351.9%
      Martin's Additions, MD1,089$250,001351.9%
      Chevy Chase Section Five, MD757$250,001351.9%
      Chevy Chase Section Three, MD900$250,001351.9%
      Somerset, MD952$250,001351.9%

      Cities with similar population

      City Population Household Income National Avg.
      Wakefield, KS952$44,37519.8%
      Castile, NY952$61,58711.3%
      Belle Vernon, PA952$31,44743.2%
      Alcester, SD952$50,2689.1%
      Centerville, SD952$41,34625.3%
      Somerset, MD952$250,001351.9%
      Source: The Somerset, MD employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).