Also See Somerset, WI: ZIP Codes & Maps
The Village of Somerset had a population of 3,198 as of July 1, 2023.
The primary coordinate point for Somerset is located at latitude 45.1244 and longitude -92.6735 in St. Croix County. The formal boundaries for the Village of Somerset encompass a land area of 2.92 sq. miles and a water area of 0 sq. miles. St. Croix County is in the Central time zone (GMT -6).
The Village of Somerset has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 3,198 (100%) |
Population in Households | 3,198 (100.0%) |
Population in Families | 2,620 (81.9%) |
Population in Group Quarters1 | 0 |
Population Density | 964 |
Diversity Index2 | 24 |
INCOME | |
Median Household Income | $82,700 |
Average Household Income | $111,830 |
% of Income for Mortgage4 | 31% |
Per Capita Income | $45,564 |
Wealth Index5 | 100 |
Socioeconomic Status Index6 | Moderate (59.0) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,342 (100%) |
Owner Occupied HU | 1,039 (77.4%) |
Renter Occupied HU | 264 (19.7%) |
Vacant Housing Units | 39 ( 2.9%) |
Median Home Value | $422,755 |
Average Home Value | $580,438 |
Housing Affordability Index3 | 75 |
HOUSEHOLDS | |
Total Households | 1,303 |
Average Household Size | 2.45 |
Family Households | 869 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 1.79% | 1.84% |
Households | 2.15% | 2.09% |
Families | 2.03% | |
Median Household Income | 2.76% | |
Per Capita Income | 2.93% | |
Owner Occupied HU | 2.53% |
The table below compares Somerset to the other 807 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 211 | 74th |
Population Density | # 248 | 69th |
Median Household Income | # 170 | 79th |
Housing Affordability Index | # 88 | 11th |
Per Capita Income | # 163 | 80th |
Diversity Index | # 300 | 63rd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Wisconsin Census Data Comparison Tool.
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