Somerset is a town located in Montgomery County, Maryland. Somerset has a 2026 population of 1,212. Somerset is currently growing at a rate of 0.41% annually and its population has increased by 2.36% since the most recent census, which recorded a population of 1,184 in 2020.
The median household income in Somerset is $250,001 with a poverty rate of 1.93%. The median age in Somerset is 51.2 years: 51.4 years for males, and 50.8 years for females. For every 100 females there are 103.4 males.
Data after 2023 is projected based on recent change
Overall: 51.2 years
Female: 50.8 years
Male: 51.4 years
There are 815 adults, (253 of whom are seniors) in Somerset.
Female: 535 (49.2%)
Male: 553 (50.8%)
The racial composition of Somerset includes 83.64% White, 4.32% Asian, and smaller percentages for Black or African American, other race and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 910 | 83.64% |
| Two or more races | 92 | 8.46% |
| Asian | 47 | 4.32% |
| Black or African American | 21 | 1.93% |
| Other race | 18 | 1.65% |
Somerset 's average per capita income is $173,523. Household income levels show a median of $250,001. The poverty rate stands at 1.93%.
| Name | Median ↓ | Mean |
|---|---|---|
| Households | $250,001 | $463,876 |
| Families | $250,001 | $512,858 |
| Married Families | $250,001 | - |
| Non Families | $144,722 | $191,148 |
Average Income
Median Household Income
Poverty Rate