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. For every 100 females there are 66.2 males.
Data after 2023 is projected based on recent change
The racial composition of Somerset includes 87.97% White, and smaller percentages for and multiracial populations.
White (87.97%)
Two or more races (12.03%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 212 | 87.97% |
| Two or more races | 29 | 12.03% |
Married
Widowed
Divorced
Separated
Never Married
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%.
Name | Median | Mean |
|---|---|---|
| Families | $107,283 | $99,995 |
| Married Families | $107,283 | - |
| Households | $105,272 | $76,340 |
| Non Families | - | $44,513 |
Average Income
Median Household Income
Poverty Rate