Somerset, KY Housing Statistics

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B

39%

Med. Home Val. NAT. AVG.

29%

Rent NAT. AVG.

25%

Owner Occ. NAT. AVG.

Somerset Housing Information

Index	Somerset	Kentucky	National
Median home price	$113,400	$126,100	$184,700
Median rent asked	$670	$690	$949
Avg. people per household	2.4	2.5	2.6
Owner occupied households	47.5%	66.8%	63.6%
Renter occupied households	52.5%	33.2%	36.4%

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Housing Quick Facts

The median home price in Somerset is 39% lower than the national average.
The median rent asked in Somerset is 29% lower than the national average.
The average number of people per household in Somerset is 9% lower than the national average.
The number of owner occupied households in Somerset is 25% lower than the national average.
The number of renter occupied households in Somerset is 44% higher than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Eubank, KY	362	$84,300	54%
Ferguson, KY	868	$88,400	52%
Science Hill, KY	814	$109,900	40%
Burnside, KY	979	$117,100	37%
Somerset, KY	11,548	$113,400	39%

Cities with similar population

	Population	Home Price	National Avg.
Valley Falls, RI	11,548	$265,800	44%
Muscoy, CA	11,546	$264,500	43%
Elk City, OK	11,544	$161,500	13%
Mountain Top, PA	11,553	$210,500	14%
Wallington, NJ	11,553	$386,600	109%
Somerset, KY	11,548	$113,400	39%

Source: The Somerset, KY housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).