Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 29.9 yrs |
|---|---|
| Avg HH Size | 2.10 |
| College Grads | 62.3% ▲ 61% above avg |
| Unemployment | 8.8% ▲ 79% above avg |
| HS Graduate | 12 (19.7%) |
| Some College | 6 (9.8%) |
| Associates | 5 (8.2%) |
| Graduate Degree | 38 (62.3%) |
Education
Home Value Distribution
Financials
| Median HH Income | $101,750 ▲ 33% above avg |
|---|---|
| Median Home Value | $638,200 ▲ 129% above avg |
| Home/Income Ratio | 6.3x (nat avg ~3.5x) |
| Total Housing Units | 151 |
| Vacant Units | 120 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Somerset is a city in Colorado, located in Gunnison County. The city spans 1 ZIP code and is home to approximately 85 residents. It is a young city, with a median age of 29.9 years.
Economically, Somerset is a upper-middle-income community. The median household income of $101,750 is above the national average. The unemployment rate is 8.8%, significantly above the national average.
The real estate market in Somerset is a premium housing market. Median home values stand at $638,200, which is more than double the national average. Homeownership is high at 100.0%, typical of suburban and family-oriented communities.
The population of Somerset is highly educated. 62.3% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (88.24%).
Somerset, CO offers residents above-average earning potential within Colorado.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 81434 | 85 | $101,750 | $638,200 | — | 8.8% | 62.3% | 100.0% |