Somerset

County:: Wabash County
County Seat:: No
Area (mi²):: 0.681
State:: Indiana

Somerset is a CDP located in Wabash County, Indiana. Somerset has a 2025 population of 256. Somerset is currently declining at a rate of -3.76% annually and its population has decreased by -32.63% since the most recent census, which recorded a population of 380 in 2020.

The average household income in Somerset is $76,340 with a poverty rate of 11.2%. The median age in Somerset is 56.9 years: 56.7 years for males, and 63.2 years for females.

Demographics

The racial composition of Somerset includes 87.97% White, and smaller percentages for Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander, other race and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Race	Population	Percentage (of total)
White	212	87.97%
Two or more races	29	12.03%
Black or African American	0	0%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%

Somerset Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Somerset's average per capita income is $70,603. Household income levels show a median of $105,272. The poverty rate stands at 11.2%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Families	$107,283	$99,995
Married Families	$107,283	-
Households	$105,272	$76,340
Non Families	-	$44,513

$70,603

Average Income

$105,272

Median Household Income

11.2%

Poverty Rate