Somerset is a CDP located in Wabash County, Indiana. Somerset has a 2026 population of 204. Somerset is currently declining at a rate of -5.56% annually and its population has decreased by 0% since the most recent census, which recorded a population of 0 in 2020.
The median household income in Somerset is $86,161 with a poverty rate of 11.76%. The median age in Somerset is 65.3 years: 56.9 years for males, and 65.9 years for females. For every 100 females there are 66.2 males.
Data after 2023 is projected based on recent change
Overall: 65.3 years
Female: 65.9 years
Male: 56.9 years
There are 211 adults, (116 of whom are seniors) in Somerset.
Female: 133 (60.2%)
Male: 88 (39.8%)
The racial composition of Somerset includes 91.4% White, and smaller percentages for and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 202 | 91.4% |
| Two or more races | 19 | 8.6% |
Somerset 's average per capita income is $72,829. Household income levels show a median of $86,161. The poverty rate stands at 11.76%.
| Name | Median ↓ | Mean |
|---|---|---|
| Families | $110,484 | $86,011 |
| Married Families | $110,484 | - |
| Households | $86,161 | $71,838 |
| Non Families | - | $57,876 |
Average Income
Median Household Income
Poverty Rate