Somerset, WI Demographics

The total population of Somerset is estimated to be 3,034 with 1,446 males (47.66%) and 1,588 females (52.34%). There are 142 more females than males in Somerset.
The median household income in Somerset was $72,710 in 2021, which marked an a decrease of 7,029(8.82%) from $79,739 in 2020. This income is 97.46% 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 sees its highest median household income among householders in the age group of 25 to 44 years old, at $85,460. Overall, the median household income for the village of Somerset stands at $72,710.
In Somerset, the median income for all workers aged 15 years and older, regardless of work hours, was $45,774 for males and $33,328 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $55,735 for males and $47,232 for females.
In Somerset, there are just two different racial groups among households. Among these, White households report a median household income of $77,123, while Two or More Races households have a median household income of $43,401.
In 2022, the population of Somerset was 3,148, a 3.08% increase year-by-year from 2021. Previously, in 2021, Somerset's population was 3,054, an increase of 0.63% compared to a population of 3,035 in 2020.
The median age in Somerset, WI is 29.3, as per 2021 ACS 5-Year Estimates. Of the total population, 26.19% were under the age of 15, 25.18% aged 15 to 29, 42.63% aged 30 to 64, 5.39% aged 65 to 84, and 0.60% were 85 years of age and older.
Racial distribution of Somerset population: 88.65% are White, 0.20% are Black or African American, 0.17% are American Indian and Alaska Native, 1% are Asian, 1.37% are some other race and 8.61% are multiracial.