Can you afford to live in Somerset?

Median household income, home values and rent in Somerset, PA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Somerset.

Median household income: $41,782 — +16.5% since 2015 (not adjusted for inflation)

Median gross rent: $673/mo — +28.9% since 2015

Median home value, 2015 to 2023

• 2015: 122200
• 2023: 144400

Median household income

• Somerset: 41782
• Somerset County: 59378
• PA: 76081
• U.S.: 78538

Median gross rent

• Somerset: 673
• Somerset County: 749
• PA: 1162
• U.S.: 1348

Share of income a typical renter spends on rent: 32.2% — U.S.: 30.2%

What it means

The typical household here earns $41,782 — far lower than the national figure of $78,538.

The typical renter here spends 32.2% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+28.9% versus +16.5%), before adjusting for inflation.