Somerset, WI
Population 3,084 · Wisconsin
About Somerset, WI
Somerset is a small community in Wisconsin with a population of 3,084 residents. The median household income is $76,176 per year, which is above the national average. The median age in Somerset is 27.8 years.
Housing in Somerset has a median home value of $271,200 and median monthly rent of $1,127. Of the 1,289 total housing units, the majority are owner-occupied, with 674 owner-occupied and 484 renter-occupied units.
The unemployment rate in Somerset is 1.6% and the poverty rate is 10.2%. 24.3% of residents hold a bachelor's degree or higher. The average commute time is 27.6 minutes.
Cost of Living in Somerset, WI
Compared to national averages, Somerset has a median household income of $76,176 (1% above the national median of $75,149). Home values average $271,200, which is 11% above the national median. Monthly rent at $1,127 is 3% below the US average of $1,163. Within Wisconsin, Somerset's income is 5% above the state average of $72,579, and home values are 32% above the state median of $205,802.
Why Live in Somerset, WI?
Somerset offers a strong local economy with a median household income of $76,176, well above the national average, and rent that’s lower than the national average at $1,127/month, and a strong job market with an unemployment rate of just 1.6%. Additionally, the city features a low poverty rate of 10.2%, better than the national average.
Somerset has a population of 3,084 with a median age of 27.8 years. Compare Somerset with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Somerset
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oostburg | 3,077 | $87,276 | $230,400 | Compare |
| Lake Wissota | 3,103 | $101,445 | $318,300 | Compare |
| New Holstein | 3,104 | $61,086 | $165,900 | Compare |
| Ladysmith | 3,152 | $40,104 | $88,800 | Compare |
| Hortonville | 3,180 | $90,446 | $231,700 | Compare |
| Oconto Falls | 2,979 | $47,786 | $145,100 | Compare |
| Genoa City | 2,967 | $88,958 | $230,900 | Compare |
| Williams Bay | 2,967 | $70,568 | $397,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Somerset
What is the population of Somerset, WI?
The population of Somerset, WI is 3,084 according to the latest Census data.
What is the median household income in Somerset?
The median household income in Somerset, WI is $76,176 per year.
What is the median home value in Somerset?
The median home value in Somerset, WI is $271,200.
What is the average rent in Somerset?
The median monthly rent in Somerset, WI is $1,127.
What is the unemployment rate in Somerset?
The unemployment rate in Somerset, WI is 1.6%.