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
- Household income is 50% above the state average — one of the wealthiest communities in Indiana.
- Near full employment with an unemployment rate of just 0.0%.
Somerset CDP Quick Facts
How Somerset CDP Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Somerset CDP Rankings in Indiana
Explore Indiana Rankings
Cities Similar to Somerset CDP
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cree Lake CDP | 241 | N/A | $232,700 | 0.0% | 28.2% |
| Linn Grove CDP | 238 | N/A | $163,300 | 0.0% | 54.2% |
| Centerton CDP | 235 | N/A | N/A | 28.3% | 63.0% |
| Oakville CDP | 249 | N/A | N/A | 36.1% | 8.4% |
| Millhousen town | 251 | N/A | $168,800 | 7.9% | 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.