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The total population of Somerset town is estimated to be 4,295 with 1,981 males (46.12%) and 2,314 females (53.88%). There are 333 more females than males in Somerset town.
The median household income in Somerset town was $122,139 in 2021, which marked an an increase of 9,910(8.83%) from $112,229 in 2020. This income is 163.71% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Somerset town sees its highest median household income among householders in the age group of 25 to 44 years old, at $127,374. Overall, the median household income for the town of Somerset town stands at $122,139.
In Somerset town, the median income for all workers aged 15 years and older, regardless of work hours, was $70,524 for males and $28,808 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $89,462 for males and $70,344 for females.
In Somerset town, population is primarily represented by White households, reporting a median income of $122,139.
In 2022, the population of Somerset town was 4,386, a 1.06% increase year-by-year from 2021. Previously, in 2021, Somerset town's population was 4,340, an increase of 0.77% compared to a population of 4,307 in 2020.
The median age in Somerset Town, Wisconsin is 46.8, as per 2021 ACS 5-Year Estimates. Of the total population, 19.10% were under the age of 15, 14.77% aged 15 to 29, 47.99% aged 30 to 64, 15.64% aged 65 to 84, and 2.50% were 85 years of age and older.
Racial distribution of Somerset town population: 96.63% are White, 0.82% are Asian and 2.55% are multiracial.