Somerset, MD Employment - Median Household Income, Unemployment Rate

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Key findings

The income per capita in Somerset is 377% higher than the national average
The median household income in Somerset is 352% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Somerset is 100% lower than the national average
The poverty level in Somerset is 81% lower than the national average

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am i middle class

$166,650 $250,001 $500,002

City

$50,706 $76,067 $152,134

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Somerset median earnings by income bracket

Somerset employment by industry

Labour Type	Male	Female
Construction industry	0.0%	0.0%
Manufacturing sector	1.2%	1.2%
Financial & insurance services	5.3%	5.3%
Wholesale & retail services	2.0%	2.0%
Public administration	18.6%	18.6%
Transportation, warehousing & utilities	0.0%	0.0%
Education, health & social services	18.2%	18.2%
Other	53.8%	53.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Chevy Chase town, MD	2,948	$250,001	351.9%
Chevy Chase View, MD	1,151	$250,001	351.9%
Chevy Chase, MD	2,979	$250,001	351.9%
Chevy Chase Village, MD	1,871	$250,001	351.9%
Martin's Additions, MD	1,089	$250,001	351.9%
Somerset, MD	952	$250,001	351.9%

Cities with similar population

City	Population	Household Income	National Avg.
Wakefield, KS	952	$44,375	19.8%
Castile, NY	952	$61,587	11.3%
Belle Vernon, PA	952	$31,447	43.2%
Alcester, SD	952	$50,268	9.1%
Centerville, SD	952	$41,346	25.3%
Somerset, MD	952	$250,001	351.9%

Source: The Somerset, MD employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	Somerset	Maryland	National
Income per capita	$142,160	$37,756	$29,829
Median household income	$250,001	$76,067	$55,322
Median income owner occupied	$250,001	$95,994	$70,586
Median income renter occupied	$0	$47,333	$35,192
Median earnings male	$177,500	$46,495	$36,919
Median earnings female	$87,344	$35,612	$26,250
Unemployment rate	0.0%	4.5%	4.7%
Poverty level	2.8%	9.9%	15.1%