Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Somerset city, Kentucky?
City · Census ACS 5-Year estimates
The median home value in Somerset city, Kentucky is $144,000 (±$18,179), based on Census ACS 5-Year estimates (2024). The median gross rent is $775/month, and the median household income is $34,704/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Somerset city, Kentucky
| Metric | Value |
|---|---|
| Median Home Value | $144,000 |
| Median Gross Rent | $775 |
| Median Household Income | $34,704 |
| Total Housing Units | 4,951 |
| Renter-Occupied Units | 2,532 |
| Renter-Occupied Share | 51% |
How does Somerset city, Kentucky compare?
Median home value ranked against all cities in Kentucky.
Higher home value than 43% of cities in Kentucky · 283th of 495
| # | City | Value |
|---|---|---|
| 1 | Mockingbird Valley city | $1,178,600 |
| 2 | Glenview city | $1,146,900 |
| 3 | Rolling Fields city | $860,100 |
| … 279 more … | ||
| 283 | Somerset city(you are here) | $144,000 |
| … 209 more … | ||
| 493 | Burna CDP | $47,300 |
| 494 | Wayland city | $40,500 |
| 495 | Flat Lick CDP | $9,999 |
More data for Somerset city, Kentucky
Frequently asked questions
What is the median home value in Somerset city, Kentucky?
The median home value in Somerset city, Kentucky is $144,000, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Somerset city, Kentucky?
The median gross rent in Somerset city, Kentucky is $775/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Somerset city, Kentucky?
The median household income in Somerset city, Kentucky is $34,704/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $144,000 has a margin of error of ±$18,179. In very small areas, MOEs can be large relative to the estimate.
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