In 2023, Somerset, IN had a population of 241 people with a median age of 56.9 and a median household income of $105,272. Between 2022 and 2023 the population of Somerset, IN declined from 285 to 241, a −15.4% decrease and its median household income grew from $81,500 to $105,272, a 29.2% increase.
The 5 largest ethnic groups in Somerset, IN are White (Non-Hispanic) (78.8%), White (Hispanic) (9.13%), Two+ (Hispanic) (7.88%), Two+ (Non-Hispanic) (4.15%), and Black or African American (Non-Hispanic) (0%).
None of the households in Somerset, IN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
100% of the residents in Somerset, IN are U.S. citizens.
In 2022, the median property value in Somerset, IN was $123,200, and the homeownership rate was 77.5%.
Most people in Somerset, IN drove alone to work, and the average commute time was 26.6 minutes. The average car ownership in Somerset, IN was 2 cars per household.