Somerset, PA Profile: Facts & Data

Somerset, Pennsylvania - Basic Facts

The Borough of Somerset had a population of 5,817 as of July 1, 2024.

The primary coordinate point for Somerset is located at latitude 40.0084 and longitude -79.0781 in Somerset County. The formal boundaries for the Borough of Somerset encompass a land area of 2.73 sq. miles and a water area of 0 sq. miles. Somerset County is in the Eastern time zone (GMT -5).

The Borough of Somerset has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

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Somerset, PA Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	5,817 (100%)
Population in Households	5,635 (96.9%)
Population in Families	3,816 (65.6%)
Population in Group Quarters¹	182 ( 3.1%)
Population Density	2,132
Diversity Index²	17


INCOME
Median Household Income	$46,121
Average Household Income	$68,795
% of Income for Mortgage⁴	21%
Per Capita Income	$33,922
Wealth Index⁵	52
Socioeconomic Status Index⁶	Moderate (48.8)

HOUSING
Total HU (Housing Units)	3,262 (100%)
Owner Occupied HU	1,458 (44.7%)
Renter Occupied HU	1,406 (43.1%)
Vacant Housing Units	398 (12.2%)
Median Home Value	$153,947
Average Home Value	$210,922
Housing Affordability Index³	114

HOUSEHOLDS
Total Households	2,864
Average Household Size	1.97
Family Households	1,426
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

3,262 (100%)

Owner Occupied HU

1,458 (44.7%)

Renter Occupied HU

1,406 (43.1%)

Vacant Housing Units

398 (12.2%)

Median Home Value

$153,947

Average Home Value

$210,922

Housing Affordability Index³

114

HOUSEHOLDS

Total Households

2,864

Average Household Size

1.97

Family Households

1,426

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.91%	-0.42%
Households	-0.13%	0.04%
Families		-0.03%
Median Household Income		2.16%
Per Capita Income		3.05%
Owner Occupied HU		0.29%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.91%

-0.42%

Households

-0.13%

0.04%

Families

-0.03%

Median Household Income

2.16%

Per Capita Income

3.05%

Owner Occupied HU

0.29%

Somerset, PA - Peer Comparisons by Rank and Percentile

The table below compares Somerset to the other 2,002 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 224	89th
Population Density	# 662	67th
Median Household Income	# 1834	8th
Housing Affordability Index	# 1023	51st
Per Capita Income	# 1285	36th
Diversity Index	# 1137	43rd

Variable Description

Rank

Percentile

Total Population

# 224

89th

Population Density

# 662

67th

Median Household Income

# 1834

8th

Housing Affordability Index

# 1023

51st

Per Capita Income

# 1285

36th

Diversity Index

# 1137

43rd

Pennsylvania Census Data Comparison Tool

Somerset, PA Profile: Facts & Data

Somerset, Pennsylvania - Basic Facts

Somerset, PA Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Somerset, PA - Peer Comparisons by Rank and Percentile

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