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.
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.
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