The median household income in Somerset, KY in 2022 was $30,437, which was 95.0% less than the median annual income of $59,341 across the entire state of Kentucky. Compared to the median income of $22,362 in 2000 this represents an increase of 26.5%. The per capita income in 2022 was $27,289, which means an increase of 48.5% compared to 2000 when it was $14,048.
Whole page based on the data from 2000 / 2022 when the population of Somerset, Kentucky was 11,352 / 12,118
Income statistics for all residents
Median household income in Somerset, KY in 2022:
Somerset:
$30,437
State:
$59,341
Change in median household income between 2000 and 2022:
Somerset, Kentucky:
+36.1%
State:
+76.2%
Number of households with income < $10k:
Somerset:
8.9% (442)
State:
6.8% (123,697)
Number of households with income $10k - 20k:
Somerset:
14.9% (734)
State:
10.0% (182,645)
Number of households with income $20k - 30k:
Somerset:
22.2% (1,095)
State:
9.0% (164,092)
Number of households with income $30k - 40k:
Somerset:
9.2% (454)
State:
9.1% (165,607)
Number of households with income $40k - 50k:
Somerset:
5.3% (260)
Kentucky:
8.0% (146,315)
Number of households with income $50k - 60k:
Somerset:
8.7% (431)
State:
7.7% (140,671)
Number of households with income $60k - 75k:
Somerset:
1.7% (82)
State:
9.8% (180,002)
Number of households with income $75k - 100k:
Somerset:
12.4% (613)
Kentucky:
12.6% (230,239)
Number of households with income $100k - 125k:
Somerset:
9.8% (484)
State:
9.0% (164,398)
Number of households with income $125k - 150k:
Somerset:
1.6% (78)
Kentucky:
5.9% (108,602)
Number of households with income $150k - 200k:
Somerset:
1.6% (80)
Kentucky:
6.2% (112,813)
Number of households with income > $200k:
Somerset:
3.8% (186)
Kentucky:
6.0% (109,599)
Aggregate household income in Somerset in 2022: $318,875,902
Median family income in Somerset in 2022:
Somerset:
$44,432
Kentucky:
$76,119
Number of families with income < $10k:
Somerset:
5.3% (172)
State:
4.3% (50,255)
Number of families with income $10k - 20k:
Somerset:
14.8% (483)
State:
5.4% (62,899)
Number of families with income $20k - 30k:
Somerset:
15.6% (508)
State:
6.5% (76,765)
Number of families with income $30k - 40k:
Somerset:
13.2% (432)
State:
8.1% (95,183)
Number of families with income $40k - 50k:
Somerset:
5.3% (171)
Kentucky:
7.1% (83,575)
Number of families with income $50k - 60k:
Somerset:
6.5% (211)
Kentucky:
7.4% (86,258)
Number of families with income $60k - 75k:
Somerset:
2.2% (71)
Kentucky:
10.3% (121,229)
Number of families with income $75k - 100k:
Somerset:
14.4% (471)
State:
14.7% (172,722)
Number of families with income $100k - 125k:
Somerset:
13.4% (436)
State:
11.5% (134,935)
Number of families with income $125k - 150k:
Somerset:
2.1% (68)
State:
7.9% (93,107)
Number of families with income $150k - 200k:
Somerset:
2.7% (88)
State:
8.4% (98,984)
Number of families with income > $200k:
Somerset:
4.7% (153)
Kentucky:
8.2% (96,213)
Median non-family income in Somerset in 2022:
Somerset:
$23,164
Kentucky:
$33,993
Change in median non-family income between 2000 and 2022:
Somerset, Kentucky:
+97.1%
State:
+79.2%
Median per capita income in Somerset in 2022:
Somerset:
$27,290
State:
$33,980
Change in median per capita income between 2000 and 2022:
Somerset, Kentucky:
+94.3%
Kentucky:
+87.8%
Income statistics for White residents
Median household income in Somerset, KY in 2022:
Somerset:
$31,106
State:
$60,987
Change in median household income between 2000 and 2022:
Somerset, Kentucky:
+38.4%
State:
+76.2%
Number of households with income < $10k:
Somerset:
9.0% (415)
Kentucky:
6.2% (96,690)
Number of households with income $10k - 20k:
Somerset:
13.8% (636)
State:
9.7% (151,125)
Number of households with income $20k - 30k:
Somerset:
22.5% (1,036)
Kentucky:
8.9% (139,532)
Number of households with income $30k - 40k:
Somerset:
9.2% (424)
State:
9.1% (142,284)
Number of households with income $40k - 50k:
Somerset:
5.4% (249)
State:
7.7% (121,151)
Number of households with income $50k - 60k:
Somerset:
8.5% (391)
State:
7.7% (119,790)
Number of households with income $60k - 75k:
Somerset:
1.7% (80)
State:
9.9% (154,174)
Number of households with income $75k - 100k:
Somerset:
13.3% (611)
Kentucky:
12.8% (199,740)
Number of households with income $100k - 125k:
Somerset:
8.9% (411)
State:
9.4% (146,284)
Number of households with income $125k - 150k:
Somerset:
1.7% (80)
State:
6.0% (94,180)
Number of households with income $150k - 200k:
Somerset:
1.7% (78)
Kentucky:
6.4% (100,702)
Number of households with income > $200k:
Somerset:
4.2% (194)
State:
6.3% (98,502)
Aggregate household income in Somerset in 2022: $307,878,670
Median family income in Somerset in 2022:
Somerset:
$46,501
Kentucky:
$78,353
Number of families with income < $10k:
Somerset:
4.4% (134)
Kentucky:
3.7% (37,075)
Number of families with income $10k - 20k:
Somerset:
13.6% (410)
Kentucky:
4.9% (49,864)
Number of families with income $20k - 30k:
Somerset:
16.6% (500)
State:
6.4% (64,043)
Number of families with income $30k - 40k:
Somerset:
13.3% (401)
State:
8.0% (81,080)
Number of families with income $40k - 50k:
Somerset:
4.9% (147)
Kentucky:
6.9% (69,099)
Number of families with income $50k - 60k:
Somerset:
6.3% (191)
State:
7.2% (72,955)
Number of families with income $60k - 75k:
Somerset:
2.5% (75)
State:
10.4% (104,587)
Number of families with income $75k - 100k:
Somerset:
15.7% (472)
Kentucky:
15.0% (151,545)
Number of families with income $100k - 125k:
Somerset:
12.4% (372)
State:
11.9% (120,340)
Number of families with income $125k - 150k:
Somerset:
2.3% (68)
Kentucky:
8.1% (81,620)
Number of families with income $150k - 200k:
Somerset:
2.8% (86)
Kentucky:
8.8% (89,097)
Number of families with income > $200k:
Somerset:
5.2% (157)
Kentucky:
8.6% (86,849)
Median non-family income in Somerset in 2022:
Somerset:
$24,091
State:
$34,415
Change in median non-family income between 2000 and 2022:
Somerset, Kentucky:
+105.7%
State:
+78.3%
Median per capita income in Somerset in 2022:
Somerset:
$28,613
State:
$35,352
Change in median per capita income between 2000 and 2022:
Somerset, Kentucky:
+99.9%
State:
+90.2%
Income statistics for Black or African American residents
Median household income in Somerset, KY in 2022:
Somerset:
$52,306
State:
$43,977
Change in median household income between 2000 and 2022:
Somerset, Kentucky:
+134.6%
Kentucky:
+81.1%
Number of households with income < $10k:
Somerset:
18.1% (19)
Kentucky:
12.3% (17,072)
Number of households with income $10k - 20k:
Somerset:
19.0% (20)
State:
13.6% (18,796)
Number of households with income $20k - 30k:
Somerset:
0.0% (0)
State:
10.9% (15,069)
Number of households with income $30k - 40k:
Somerset:
15.2% (16)
Kentucky:
9.0% (12,510)
Number of households with income $40k - 50k:
Somerset:
0.0% (0)
Kentucky:
10.2% (14,121)
Number of households with income $50k - 60k:
Somerset:
22.9% (24)
State:
8.1% (11,147)
Number of households with income $60k - 75k:
Somerset:
0.0% (0)
State:
8.9% (12,361)
Number of households with income $75k - 100k:
Somerset:
0.0% (0)
State:
10.1% (14,009)
Number of households with income $100k - 125k:
Somerset:
20.0% (21)
Kentucky:
6.1% (8,400)
Number of households with income $125k - 150k:
Somerset:
0.0% (0)
State:
4.3% (5,950)
Number of households with income $150k - 200k:
Somerset:
4.8% (5)
State:
4.0% (5,560)
Number of households with income > $200k:
Somerset:
0.0% (0)
State:
2.5% (3,413)
Aggregate household income in Somerset in 2022: $5,447,863
Median per capita income in Somerset in 2022:
Somerset:
$43,820
State:
$27,117
Income statistics for Asian residents
Number of households with income < $10k:
Somerset:
0.0% (0)
Kentucky:
5.6% (1,233)
Number of households with income $10k - 20k:
Somerset:
48.3% (28)
State:
9.0% (1,974)
Number of households with income $20k - 30k:
Somerset:
0.0% (0)
State:
3.2% (700)
Number of households with income $30k - 40k:
Somerset:
0.0% (0)
Kentucky:
5.4% (1,181)
Number of households with income $40k - 50k:
Somerset:
0.0% (0)
State:
6.9% (1,517)
Number of households with income $50k - 60k:
Somerset:
0.0% (0)
State:
9.9% (2,187)
Number of households with income $60k - 75k:
Somerset:
0.0% (0)
State:
5.3% (1,173)
Number of households with income $75k - 100k:
Somerset:
0.0% (0)
State:
15.3% (3,377)
Number of households with income $100k - 125k:
Somerset:
51.7% (30)
State:
10.1% (2,234)
Number of households with income $125k - 150k:
Somerset:
0.0% (0)
State:
8.9% (1,949)
Number of households with income $150k - 200k:
Somerset:
0.0% (0)
State:
6.6% (1,463)
Number of households with income > $200k:
Somerset:
0.0% (0)
State:
13.8% (3,028)
Aggregate household income in Somerset in 2022: $5,058,918
Median per capita income in Somerset in 2022:
Somerset:
$59,763
State:
$42,939
Income statistics for Hispanic or Latino residents
Median household income in Somerset, KY in 2022:
Somerset:
$33,960
State:
$57,971
Number of households with income < $10k:
Somerset:
0.0% (0)
State:
7.0% (3,568)
Number of households with income $10k - 20k:
Somerset:
6.6% (10)
State:
5.5% (2,811)
Number of households with income $20k - 30k:
Somerset:
73.5% (111)
State:
9.1% (4,637)
Number of households with income $30k - 40k:
Somerset:
0.0% (0)
State:
10.0% (5,109)
Number of households with income $40k - 50k:
Somerset:
6.6% (10)
Kentucky:
10.3% (5,241)
Number of households with income $50k - 60k:
Somerset:
0.0% (0)
State:
9.1% (4,609)
Number of households with income $60k - 75k:
Somerset:
0.0% (0)
State:
12.4% (6,299)
Number of households with income $75k - 100k:
Somerset:
0.0% (0)
Kentucky:
12.9% (6,562)
Number of households with income $100k - 125k:
Somerset:
13.2% (20)
Kentucky:
8.0% (4,066)
Number of households with income $125k - 150k:
Somerset:
0.0% (0)
State:
5.3% (2,685)
Number of households with income $150k - 200k:
Somerset:
0.0% (0)
State:
4.3% (2,173)
Number of households with income > $200k:
Somerset:
0.0% (0)
State:
6.1% (3,099)
Aggregate household income in Somerset in 2022: $8,672,285
Median family income in Somerset in 2022:
Somerset:
$34,608
State:
$58,603
Number of families with income < $10k:
Somerset:
8.5% (13)
State:
5.3% (1,907)
Number of families with income $20k - 30k:
Somerset:
70.1% (110)
Kentucky:
9.4% (3,414)
Number of families with income $40k - 50k:
Somerset:
8.0% (13)
State:
11.2% (4,054)
Number of families with income $100k - 125k:
Somerset:
13.4% (21)
Kentucky:
8.0% (2,906)
Median per capita income in Somerset in 2022:
Somerset:
$10,653
State:
$24,650
Change in median per capita income between 2000 and 2022:
Somerset, Kentucky:
+10.2%
Kentucky:
+106.1%
Income statistics for American Indian and Alaska Native residents
Aggregate household income in Somerset in 2022: $1,090,247
Median per capita income in Somerset in 2022:
Somerset:
$8,666
State:
$18,045
Income statistics for Multirace residents
Median household income in Somerset, KY in 2022:
Somerset:
$20,136
State:
$56,359
Change in median household income between 2000 and 2022:: -3.6%
Somerset, Kentucky:
-3.6%
State:
+107.8%
Number of households with income < $10k:
Somerset:
0.0% (0)
State:
8.3% (6,780)
Number of households with income $10k - 20k:
Somerset:
89.8% (44)
State:
11.0% (9,005)
Number of households with income $20k - 30k:
Somerset:
0.0% (0)
State:
8.6% (7,004)
Number of households with income $30k - 40k:
Somerset:
8.2% (4)
State:
9.0% (7,406)
Number of households with income $40k - 50k:
Somerset:
0.0% (0)
State:
8.2% (6,707)
Number of households with income $50k - 60k:
Somerset:
0.0% (0)
State:
7.4% (6,048)
Number of households with income $60k - 75k:
Somerset:
0.0% (0)
State:
11.2% (9,202)
Number of households with income $75k - 100k:
Somerset:
0.0% (0)
State:
11.9% (9,767)
Number of households with income $100k - 125k:
Somerset:
2.0% (1)
State:
7.1% (5,846)
Number of households with income $125k - 150k:
Somerset:
0.0% (0)
Kentucky:
6.9% (5,667)
Number of households with income $150k - 200k:
Somerset:
0.0% (0)
State:
5.1% (4,171)
Number of households with income > $200k:
Somerset:
0.0% (0)
Kentucky:
5.2% (4,241)
Aggregate household income in Somerset in 2022: $824,183
Median non-family income in Somerset in 2022:
Somerset:
$15,099
State:
$33,660
Median per capita income in Somerset in 2022:
Somerset:
$1,868
Kentucky:
$25,670
Change in median per capita income between 2000 and 2022:: -87.0%
Somerset, Kentucky:
-87.0%
State:
+132.3%
Income statistics for other residents
Number of households with income < $10k:
Somerset:
0.0% (0)
State:
7.2% (1,360)
Number of households with income $10k - 20k:
Somerset:
0.0% (0)
State:
8.0% (1,524)
Number of households with income $20k - 30k:
Somerset:
38.8% (19)
Kentucky:
8.6% (1,635)
Number of households with income $30k - 40k:
Somerset:
0.0% (0)
State:
11.1% (2,110)
Number of households with income $40k - 50k:
Somerset:
0.0% (0)
State:
12.0% (2,269)
Number of households with income $50k - 60k:
Somerset:
12.2% (6)
State:
5.1% (964)
Number of households with income $60k - 75k:
Somerset:
0.0% (0)
Kentucky:
13.0% (2,456)
Number of households with income $75k - 100k:
Somerset:
0.0% (0)
Kentucky:
17.5% (3,305)
Number of households with income $100k - 125k:
Somerset:
49.0% (24)
State:
7.6% (1,433)
Number of households with income $125k - 150k:
Somerset:
0.0% (0)
State:
3.4% (649)
Number of households with income $150k - 200k:
Somerset:
0.0% (0)
State:
4.4% (833)
Number of households with income > $200k:
Somerset:
0.0% (0)
State:
2.1% (395)
Aggregate household income in Somerset in 2022: $3,700,537
Median per capita income in Somerset in 2022:
Somerset:
$25,140
State:
$20,913
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