Somerset is a town located in Montgomery County, Maryland. Somerset has a 2025 population of 1,172. Somerset is currently declining at a rate of -0.17% annually and its population has decreased by -1.01% since the most recent census, which recorded a population of 1,184 in 2020.
The average household income in Somerset is $438,623 with a poverty rate of 2.16%.The median age in Somerset is 50.4 years: 51.9 years for males, and 49 years for females.
Data after 2023 is projected based on recent change
The racial composition of Somerset includes 83.43% White, 5.1% Asian, and smaller percentages for Black or African American, other race and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 851 | 83.43% |
Two or more races | 79 | 7.75% |
Asian | 52 | 5.1% |
Black or African American | 21 | 2.06% |
Other race | 17 | 1.67% |
Married
Widowed
Divorced
Separated
Never Married
Somerset's average per capita income is $172,750. Household income levels show a median of $250,001. The poverty rate stands at 2.16%.
Name | Median | Mean |
---|---|---|
Households | $250,001 | $438,623 |
Families | $250,001 | $498,253 |
Married Families | $250,001 | - |
Non Families | $139,861 | $146,548 |
Average Income
Median Household Income
Poverty Rate