Income/capita 265%
Household income 352%
Unemployment 91%
Income per capita$108,976$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$250,001$47,333$35,192
Median earnings male$150,682$46,495$36,919
Median earnings female$66,250$35,612$26,250
Unemployment rate0.4%4.5%4.7%
Poverty level2.5%9.9%15.1%

Key findings

  • The income per capita in Somerset is 265% 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 91% lower than the national average
  • The poverty level in Somerset is 84% lower than the national average

Best Places for Employment in and Around Somerset

See all the best places to live around Somerset

Compare Somerset, MD Employment

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      am i middle class

      $Input your household income
      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%1.4%
      Manufacturing sector0.9%1.4%
      Financial & insurance services8.8%2.2%
      Wholesale & retail services3.2%3.6%
      Public administration24.9%20.1%
      Transportation, warehousing & utilities0.0%1.4%
      Education, health & social services15.8%29.4%

      Nearby cities with high median household income

      City, StatePopulationHousehold IncomeNational Avg.
      Chevy Chase town, MD2,948$250,001352%
      Chevy Chase Village, MD2,030$250,001352%
      Martin's Additions, MD912$250,001352%
      Chevy Chase Section Five, MD641$250,001352%
      Chevy Chase Section Three, MD733$245,625344%
      Somerset, MD1,215$250,001352%

      Cities with similar population

      City, StatePopulationHousehold IncomeNational Avg.
      North Webster, IN1,215$41,63225%
      Ansonia, OH1,214$37,59632%
      Hillsboro, MS1,216$24,27156%
      Converse, IN1,216$32,66341%
      Cypress Quarters, FL1,214$29,44447%
      Somerset, MD1,215$250,001352%
      Source: The Somerset, MD employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).