Somerset employment information

IndexSomersetKentuckyNational
Income per capita$17,802$24,802$29,829
Median household income$25,070$44,811$55,322
Median income owner occupied$41,560$56,922$70,586
Median income renter occupied$14,092$26,529$35,192
Median earnings male$22,832$32,723$36,919
Median earnings female$17,511$23,082$26,250
Unemployment rate3.4%4.5%4.7%
Poverty level36.5%18.8%15.1%
The Somerset, KY employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Somerset is $17,802, which is 28% lower than than the Kentucky average and 40% lower than than the national average. The median household income is $25,070, which is 44% lower than than the Kentucky average and 55% lower than than the national average. The unemployment rate in Somerset is 3%, which is 26% lower than than the national average. The poverty rate in Somerset is 37% which is 142% higher than than the national average.

am i middle class

$Input your household income
$16,711$25,070$50,140
City
$29,871$44,811$89,622
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.

Did you know?

  • The income per capita in Somerset is 40% lower than the national average.
  • The median household income in Somerset is 55% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Somerset is 26% lower than the national average.
  • The poverty level in Somerset is 142% higher than the national average.

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Compare Somerset, KY Employment To Other Cities

Employment status

Hours worked per week

Somerset median earnings by income bracket

Somerset employment by industry

Labour TypeMaleFemale
Construction industry11.1%0.0%
Manufacturing sector7.7%0.0%
Financial & insurance services3.4%4.3%
Wholesale & retail services17.3%10.1%
Public administration6.8%5.9%
Transportation, warehousing & utilities4.2%2.7%
Education, health & social services8.9%34.4%
Other40.0%32.5%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Burnside, KY1,270$49,84410%
Ferguson, KY1,087$37,65632%
Science Hill, KY644$33,62539%
Eubank, KY245$22,29260%
Somerset, KY11,415$25,07055%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Peru, IN11,415$32,40441%
Two Rivers, WI11,409$40,68826%
Pennsville, NJ11,421$58,0375%
Summit, IL11,409$47,42114%
Garden City, ID11,423$41,43325%
Somerset, KY11,415$25,07055%
Source: The Somerset, KY employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).