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Somerset CDP, Indiana Demographics & Population 2026

As of 2026, Somerset CDP, Indiana has a total population of 241, the 673rd largest city in Indiana, with a median household income of $105,272, which is 50% higher than the state average. The poverty rate is 11.2%.

Key Takeaways

Somerset CDP Quick Facts

Population 241
Median Household Income $105,272
Median Home Value N/A
Poverty Rate 11.2%
Unemployment Rate 0.0%
Median Age 56.9 years
Homeownership Rate 77.5%
Affordability Ratio N/A
Bachelor's Degree or Higher 18.3%
High School Graduation Rate 85.4%
Diversity Index 35/100
Population 241 673rd of 967
Median Income $105,272 top 10%
Poverty Rate 11.2% 10% lower national
Median Home Value N/A

How Somerset CDP Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 4.3% | National: 5.2%
55.3% Labor Force Participation

Housing Overview

Owner 77.5%
Renter 22.5%

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Somerset CDP Rankings in Indiana

#673 Population of 967
#80 Median Income of 967
#353 Education of 967
N/A Home Value of 967

Cities Similar to Somerset CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cree Lake CDP241N/A$232,7000.0%28.2%
Linn Grove CDP238N/A$163,3000.0%54.2%
Centerton CDP235N/AN/A28.3%63.0%
Oakville CDP249N/AN/A36.1%8.4%
Millhousen town251N/A$168,8007.9%5.6%

Population Overview

Somerset CDP is a small community located in Indiana. The total population is 241. It ranks as the 673rd most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Somerset CDP is 56.9 years. This is 50% higher than the state median of 38.0 years. Only 9.1% of residents are under 18, indicating fewer families with children. 15.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Somerset CDP is $105,272. This is 50% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 34% higher. The poverty rate stands at 11.2%. This is 8% lower than the state poverty rate of 12.2%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.3%. 77.5% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Somerset CDP is White (non-Hispanic), making up 78.8% of the population. Hispanic or Latino residents account for 17.0%. The Hispanic or Latino population is significantly higher than the state average (17.0% vs 8.4%).

Education

18.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.4%.

Data Sources & Methodology

All demographic data for Somerset CDP, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Somerset CDP, Indiana?

Somerset CDP, Indiana has a population of 241 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Somerset CDP, IN?

The median household income in Somerset CDP is $105,272, which is 34% higher the national median of $78,538.

What is the poverty rate in Somerset CDP, IN?

The poverty rate in Somerset CDP is 11.2%. This means approximately 27 residents live below the federal poverty line.

What is the racial makeup of Somerset CDP, Indiana?

Somerset CDP's population is 78.8% White, 0.0% Black, 17.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Somerset CDP, IN?

The median home value in Somerset CDP is N/A.

How educated is Somerset CDP, Indiana?

18.3% of adults (25+) in Somerset CDP hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.