Somerset, New York has a population of 2,540, with a median household income of $66,200.
Current median income data for Somerset.
2,540
$66,200
4.10%
$198,400
0.30
175.40 Mbps
Somerset is a small local community located in New York. The city has a population that is below the average city population in New York, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Somerset, located in New York, is a city that reflects important demographic and economic patterns within the region.
Somerset has a population of 2,540, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Somerset is $66,200, which is below the state average, indicating moderate economic conditions.
The average housing price in Somerset is about $198,400, making it relatively affordable compared to many cities in New York.
The unemployment rate in Somerset is 4.10%, slightly above the state average, suggesting moderate employment conditions. Somerset has a lower crime rate than the state average, contributing to a relatively safer living environment.
Compared to other cities in New York, Somerset shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Overall, Somerset offers a balanced mix of economic conditions, population trends, and housing opportunities within New York.
The population of Somerset is approximately 2,540.
Somerset offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Somerset is around $66,200.
The average housing price in Somerset is approximately $198,400.