Somerset village: Median Household Income Trend
How Somerset village's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$45,670
2023
$49,145
Total change
+$3,475
% change
+7.6%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $45,670 | — |
| 2019 | $49,516 | +$3,846 (8.4%) |
| 2020 | $52,500 | +$2,984 (6%) |
| 2021 | $51,012 | $1,488 (-2.8%) |
| 2022 | $56,518 | +$5,506 (10.8%) |
| 2023 | $49,145 | $7,373 (-13%) |