Somerset, IN Housing Market & City Data

Explore key insights and real experiences from people who call Somerset home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

420
Population Estimate
$117,569
Median Home Value
100.0%
Employment Rate
22.5%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt-
Median Listing Price-
Median Days on Market-
Active Listings-
New Listings-
Total Listings (Active + Pending)-
Avg Listing Price-
Avg Listing Price Change MoM-
Avg Listing Price Change YoY-

HOUSEHOLD OVERVIEW

Family Size2.64
Family Dual Income42.9
Median Household Income$71,667
Median Individual Income$40,604
Home Ownership82.2%
Home Value$117,569
Median Rent-
Rent Burden-
Poverty2.4%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED13.7%
  • Highschool Education50.0%
  • Some College13.7%
  • Bachelors Degree10.8%
  • Graduate Degree11.7%
  • Total College or Above22.5%
  • Stem Degree19.5%

GENDER BREAKDOWN

  • Male49.5%
  • Female50.5%

MARITAL STATUS

  • Married66.4%
  • Divorced18.2%
  • Never Married5.8%
  • Widowed9.6%

CITY DATA & AGE BREAKDOWN

CITY DATA

CitySomerset
State IDIN
Population420

AGE BREAKDOWN

Age Group% of Population
Under 1818.6%
19–290.0%
30–3928.1%
40–493.3%
Age Group% of Population
50–590.0%
60–6932.6%
70–798.9%
80+8.6%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation43.5%
Unemployment Rate0.0%
Disabled21.2%

ETHNICITY

White100.0%
Black0.0%
Asian0.0%
Native American0.0%
Pacific Islander0.0%
Other0.0%
Multiple0.0%

OTHER

Hispanic0.0%
Limited English0.0%
Health Uninsured0.0%
Veteran6.1%

Local Discussions

Community questions and conversations about living in Somerset, IN.

  1. Is Somerset, IN a good place to buy a house?

    Local perspectives on Somerset home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Somerset, IN for families?

    Local insights on Somerset neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Somerset, IN housing market?

    Local insights on Somerset home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Somerset, IN?

    Compare Somerset home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Somerset, IN?

    Explore Somerset neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Somerset, IN?

    Learn how Somerset home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Somerset, IN?

    Learn how Somerset property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Somerset, IN for first-time home buyers?

    Explore Somerset neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Somerset, IN?

    Local perspectives on Somerset neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Somerset, IN?

    What newcomers should know about Somerset housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Somerset, IN

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Neighborhoods in Somerset, IN

No neighborhoods were found in the current property sample.