Somerset, KY Micro Area

Metro Area

Population: 65,503 (2023 estimate)

Core-Based Statistical Area (CBSA)

Metro area data from the U.S. Census Bureau. Core-Based Statistical Areas (CBSAs) are defined by the Office of Management and Budget and group counties with a central urban core plus surrounding communities that are economically tied to it. Metro areas often cross county and state lines, making them the best unit for understanding regional labor markets, housing costs, and commute patterns.

Metro income rankings Compare to another metro

Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Somerset, KY Micro Area

What is the median household income in Somerset, KY Micro Area?: The median household income in Somerset, KY Micro Area is $50,943 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Somerset, KY Micro Area?: The poverty rate in Somerset, KY Micro Area is 16.5% (U.S. Census Bureau ACS 2023).
What is the median home value in Somerset, KY Micro Area?: $156,300 (U.S. Census Bureau ACS 2023).
What is the average rent in Somerset, KY Micro Area?: The median gross rent in Somerset, KY Micro Area is $835 per month (U.S. Census Bureau ACS 2023).
What percentage of Somerset, KY Micro Area residents have a college degree?: 17.9% of adults in Somerset, KY Micro Area hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).

Population

65,503

Median Income

$50,943

Median Home Value

$156,300

Poverty Rate

16.5%

Unemployment (ACS 2023)

5.2%

Median Age

42.0 yrs

Since 2019 Median Income: +$10,945 (+27.4%) Home Value: +$40,100 (+34.5%) Poverty Rate: -1.0 pp (-5.7%) Bachelor's+: +1.4 pp (+8.5%) Unemployment: -1.9 pp (-26.8%)

Demographics

Total Population 65,503

Median Age 42.0

Female 50.8%

Race & Ethnicity

Hispanic or Latino 3.0% White (non-Hisp.) 92.7% Black 0.9% Asian 0.8% Two or More 2.9% Other 0.7%

Asian Subgroups (% of total pop.)

Indian

0.5%

Chinese

0.1%

Vietnamese

0.1%

Hispanic Subgroups (% of total pop.)

Mexican

1.8%

Puerto Rican

0.2%

Cuban

0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $50,943 ±$2,251

Per Capita Income $79,015

Median Family Income $62,843

Poverty Rate 16.5%

Child Poverty Rate 22.5%

Working-Age Poverty Rate —

SNAP Recipients 14.3%

Social Security Income —

Retirement Income 26.0%

Household Income Distribution

< $10k

8.3%

$10–15k

7.2%

$15–25k

9.8%

$25–35k

11.4%

$35–50k

12.4%

$50–75k

17.1%

$75–100k

11.9%

$100–150k

11.9%

$150–200k

5.7%

$200k+

4.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 31,673

Owner-Occupied 71.9%

Renter-Occupied 28.1%

Vacancy Rate 18.2%

Median Home Value $156,300

Median Gross Rent $835

Owner Cost Burden (30%+) 18.1%

Renter Cost Burden (30%+) 40.0%

Home Value Distribution

< $50k

12.3%

$50–100k

14.9%

$100–200k

20.5%

$200–300k

20.0%

$300–500k

10.4%

$500k–$1M

3.8%

$1M+

0.9%

Gross Rent Distribution

< $500

12.0%

$500–1k

65.2%

$1–1.5k

19.5%

$1.5–2k

3.1%

$2.5–3.5k

0.2%

$3.5k+

0.1%

Vehicle Availability

No vehicle

5.0%

1 vehicle

32.7%

2 vehicles

35.4%

26.9%

Housing Type

Single-fam. det.

67.9%

Single-fam. att.

2.0%

2–4 units

3.4%

5–19 units

2.8%

20+ units

0.7%

Mobile home

18.0%

Housing Age

Pre-1940

6.2%

1940–1969

2.9%

1970–1999

22.2%

2000–2009

17.5%

2010+

9.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 84.9%

Bachelor's or Higher 17.9%

Graduate Degree 8.1%

Some College / Associate 21.5%

Less Than High School 6.5%

Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 53.4%

Unemployment Rate 5.2%

Work from Home 4.9%

Self-Employed 5.8%

Government Workers 15.7%

Private For-Profit 78.0%

Industry

Edu/Health

25.1%

Manufacturing

15.9%

Retail

13.3%

Prof. Services

7.5%

Arts/Entmt.

7.2%

Transportation

6.2%

Construction

5.7%

Finance

4.2%

Public Admin

3.7%

Agriculture

2.1%

Wholesale

2.0%

Information

1.3%

Occupation

Management

31.1%

Sales

24.9%

Production

18.2%

Food Prep

16.1%

Construction

9.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 23.6 min

Drove Alone 82.6%

Carpool 10.6%

Public Transit 0.2%

Work from Home 4.9%

Walked 1.0%

Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 25,920

Avg. Household Size 2.00

Avg. Family Size —

Married-Couple Households 47.6%

Single-Mother Households —

Single-Father Households —

Living Alone —

Households with Children 15.7%

Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5

5.7%

5–9

5.5%

10–14

7.0%

15–19

5.8%

20–24

5.2%

25–34

11.9%

35–44

12.4%

45–54

13.0%

55–64

7.2%

65–74

7.0%

75–84

11.6%

85+

5.3%

Under 18: 22.1% Working age (18–64): 77.9% 65 and over: 19.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 1.9%

Naturalized Citizen 46.8%

Speaks English Less Than Very Well 1.5%

Foreign-Born Origin

Latin America

40.7%

Asia

35.8%

Europe

20.1%

Africa

1.5%

Veterans & Disability

Veteran 7.3%

With a Disability 21.7%

Cognitive Difficulty —

Ambulatory Difficulty —

Health Insurance

Insured 93.3%

Uninsured 6.7%

Employer Insurance —

Medicaid —

Medicare —

Technology & Mobility

Broadband Internet 83.2%

Has a Computer 90.3%

Same House 1 Year Ago 88.7%

Moved from Abroad 0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023