Somerset town, Maryland Demographics & Population 2026

Population Overview

Somerset town is a small community located in Maryland. The total population is 1,020. It ranks as the 332nd most populous out of 528 cities and towns in Maryland.

Age Demographics

The median age in Somerset town is 50.4 years. This is 28% higher than the state median of 39.3 years. With 29.8% of the population under 18, Somerset town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Somerset town is $250,001. This is 146% higher than the state median of $101,652. Compared to the national median of $78,538, household income here is 218% higher. The poverty rate stands at 2.2%. This is 77% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.8%. This is 84% lower than the state rate of 4.9%. The median home value is $1,820,800. Housing costs are 358% higher than the state median of $397,700. The home-value-to-income ratio of 7.3x suggests that housing affordability is a significant concern for many residents. 88.6% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 67.5%.

Race & Ethnicity

The largest racial or ethnic group in Somerset town is White (non-Hispanic), making up 80.7% of the population. Hispanic or Latino residents account for 7.5%. The White (non-Hispanic) population is significantly higher than the state average (80.7% vs 47.4%). The Black or African American population (2.1%) is well below the state average of 29.2%.

Education

94.2% of residents aged 25 and older hold a bachelor's degree or higher. This places Somerset town in the top 10% of all cities in the state for educational attainment. This is 120% higher than the state rate of 42.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 100.0%. Notably, 68.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Somerset town, Maryland 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 Maryland state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 528 Census-designated places in Maryland. For official data, visit data.census.gov.