What are the schools like in Somerset, IN?

School district data for Somerset is sourced from the National Center for Education Statistics (NCES).

What is the median household income in Somerset?

The median household income in Somerset, IN is $81,500 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 0.0%.

What is the weather like in Somerset, IN?

Somerset has an average high temperature of 33.8°F in January and 84.8°F in July. Annual precipitation averages 40.3 inches and annual snowfall averages 19.5 inches.

Somerset, IN Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Somerset, IN affordable or expensive?

Somerset's cost of living index is 88, where 100 represents the national average. This means Somerset is 12% less expensive than the average US city. The median home value is $123,200 and the median rent is $498 per month.

Q: What is the crime rate in Somerset, IN?

Crime rate data for Somerset is not currently available from the FBI's reported data.

Is Somerset, IN a Good Place to Live?

Somerset is a small town of 285 in Indiana, with a median household income of $81,500 . Its cost of living index is 88 (US average = 100), which is 12% below the national average.

Strengths: Somerset stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Somerset is right for you depends on your priorities — the full breakdown is below.

All Somerset city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 88.3

Somerset's overall cost of living index is 88.3, where 100 represents the US national average. Living in Somerset costs roughly 12% less than the average American city.

Metric	Somerset, IN	National Avg
Median Home Value	$123,200	$244,900
Median Monthly Rent	$498	$1,163
Homeownership Rate	79.9%	65.9%
Median Household Income	$81,500	$74,755

Crime & Safety

Crime data for Somerset is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric	Somerset, IN	National Avg
School District	N/A	—
Elementary Schools	N/A	—
Middle Schools	N/A	—
High Schools	N/A	—
Student/Teacher Ratio	N/A	16:1
Bachelor's Degree or Higher	0.0%	35.4%
High School Diploma or Higher	71.4%	91.1%

Weather & Climate

Somerset sees average highs of 33.8°F in January and 84.8°F in July, with 40.3 inches of annual precipitation and 19.5 inches of snow per year.

Metric	Somerset, IN
Average High — January	33.8°F
Average High — July	84.8°F
Annual Precipitation	40.3"
Annual Snowfall	19.5"

Demographics

Metric	Somerset, IN	National Avg
Population	285	—
Median Age	61.3	38.9
Unemployment Rate	0.0%	3.7%
Avg Commute Time	13.9 min	26 min
White (non-Hispanic)	100.0%	59.3%
Black or African American	0.0%	13.6%
Hispanic or Latino	0.0%	18.9%
Asian	0.0%	6.3%
Under 18	11.6%	22.2%
65 and over	38.9%	16.8%

Nearby Cities

Jalapa, IN 6 mi La Fontaine, IN 6 mi Mier, IN 7 mi Converse, IN 7 mi Amboy, IN 7 mi

ZIP Codes in Somerset

Somerset, IN is covered by 2 ZIP codes:

46940 46984

Somerset vs Other Cities

Somerset, IN vs Jalapa, IN Somerset, IN vs La Fontaine, IN Somerset, IN vs Mier, IN Somerset, IN vs Converse, IN Somerset, IN vs Amboy, IN

Frequently Asked Questions

Is Somerset, IN affordable or expensive?

Somerset's cost of living index is 88, where 100 is the national average. That makes Somerset roughly 12% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $123,200 and median rent is $498/month.

What is the crime rate in Somerset, IN?

Crime data for Somerset is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.

What are the schools like in Somerset?

School district information is sourced from NCES Common Core of Data.

Is Somerset, IN a good place to live?

Somerset, IN has a population of 285, a median household income of $81,500, and an unemployment rate of 0.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Somerset?

Somerset averages 33.8°F in January and 84.8°F in July. Annual rainfall is 40.3 inches with about 19.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Somerset?

Somerset, IN is covered by 2 ZIP codes: 46940, 46984.

What is the population of Somerset?

The population of Somerset, Indiana is 285 with a median age of 61.3. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Somerset?

Key numbers for living in Somerset: cost of living index 88 (100 = US average), median home $123,200, median household income $81,500. Whether these are benefits or drawbacks depends on where you're coming from — compare Somerset side by side with your current city to see the trade-offs.