Somerset, IN Employment - Median Household Income, Unemployment Rate

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Key findings

The income per capita in Somerset is 11% higher than the national average
The median household income in Somerset is 29% 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 83% lower than the national average

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am i middle class

$47,528 $71,300 $142,600

City

$33,618 $50,433 $100,866

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	10.7%	10.7%
Manufacturing sector	45.2%	45.2%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	10.7%	10.7%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	33.3%	33.3%
Education, health & social services	0.0%	0.0%
Other	0.0%	0.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Landess, IN	89	$68,750	24.3%
Sweetser, IN	1,157	$63,750	15.2%
Mexico, IN	1,283	$63,719	15.2%
Amboy, IN	363	$56,875	2.8%
Denver, IN	597	$55,750	0.8%
Somerset, IN	380	$71,300	28.9%

Cities with similar population

City	Population	Household Income	National Avg.
Nances Creek, AL	380	$102,892	86.0%
Midway town, AR	380	$51,607	6.7%
Cane Beds, AZ	380	$43,523	21.3%
El Moro, CO	380	$62,750	13.4%
Good Hope, GA	380	$32,019	42.1%
Somerset, IN	380	$71,300	28.9%

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

Index	Somerset	Indiana	National
Income per capita	$33,184	$26,117	$29,829
Median household income	$71,300	$50,433	$55,322
Median income owner occupied	$72,100	$62,593	$70,586
Median income renter occupied	$0	$29,285	$35,192
Median earnings male	$60,329	$36,194	$36,919
Median earnings female	$31,734	$23,580	$26,250
Unemployment rate	0.0%	4.4%	4.7%
Poverty level	2.6%	15.0%	15.1%