Area type of a place is calculated based on population density, home ownership, and proximity to various amenties
Living in Somerset village
About Somerset village
Somerset village is a suburb in the Minneapolis Metropolitan area. It has a population of 2,740 and a population density of 946, which is 90% above the national average. It has a median age of 30, which is 7 years below the Minneapolis Metro median age and 8 years below the national average.
Somerset village has a median home value of $241,400, which is 1% below the Metro average.The average rent of $1,500 is 30% above the metro average rent and 32% above the national average rent. The average household income in Somerset village is $66,146 , which is 14% below the Metro average household income and 5% above the national average of household income.
The average school rating in Somerset village is 6. Somerset village also has a crime index 39 that is below the Metro average and below the National average, making it one of the best places to raise a family in Minneapolis.
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More about Somerset village
Somerset village has a suburban feeling with mix of residents from different age groups. Somerset village also has good mix of residents working in IT Services and Healthcare.
Somerset village Zip Code
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Demographics
Somerset village's population is made up of 47% married, 40% single, 11% divorced and 1% widowed. Millennials make up the largest percentage of the population at 33%, while Baby Boomers have the second largest segment at 15%. Homeowners make up 58% of the population in Somerset village.
- 49% Male
- 51% Female
Employment
The Per Capita income in Somerset village is $27,368. The Median Household Income is $70,370 and the Somerset village Unemployment Rate is 5%.
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