Somerset, IN
221Residents
$86,161Median household income
$668/moMedian gross rent
$110,000Median home value
65.3Median age
8%Adults with a bachelor’s degree or higher
71%Homes lived in by their owners
1.3×Home value to household income
Median rent takes about 9% of the median household income in Somerset.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $27,000 a year. In Indiana that leaves roughly $1,920 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.