Housing data for Somerset, MD
Somerset, MD has an estimated 1,088 residents and 420 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Montgomery County.
12.2% of households rent.
The median gross rent is $3,500 or more a month.
Figures last updated on .
- Residents
- 1,088 (±155)
- Housing units
- 420 (±54)
- Households that rent
- 12.2%
- Median gross rent
- $3,500 or more
- Residents since 2015–2019
- −0.2%
What stands out in Somerset
Median home value: $1,775,000 (±$129,189) in Somerset, higher than in Montgomery County ($640,300).
Homes in buildings of 5 or more units: 0.0% (±16.6 points) in Somerset, lower than in Montgomery County (33.3%).
Households that rent: 12.2% (±6.1 points) in Somerset, lower than in Montgomery County (34.7%).
Homes built before 1980: 86.3% (±10.3 points) in Somerset, higher than in Montgomery County (49.3%).
Housing in Somerset at a glance
- Median rent: $3,500 or more median gross rent a month (Small sample: wide margin of error)
- Rent burden: 37.2% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 12.2% of households rent (Small sample: wide margin of error)
- Income and affordability: $250,000 or more median household income
- Home values: $1,775,000 median home value
- Homeowner costs: $4,000 or more median monthly cost with a mortgage
- Property taxes: $10,000 or more median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 99.7% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 86.3% of homes were built before 1980
- Vacancy rate: 15.8% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 86.8% heat with utility gas
- Commute and cars: 33.0 minutes average trip to work
- Growth: −0.2% residents since 2015–2019
- How long people stay: 13.7% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Somerset against Montgomery County, its state and the nation
| Somerset | Montgomery County | Maryland | United States | |
|---|---|---|---|---|
| Residents | 1,088 (±155) | 1,065,949 (exact) | 6,206,011 (exact) | 334,922,499 |
| Housing units | 420 (±54) | 406,531 (±227) | 2,560,784 (±424) | 143,775,355 |
| Households that rent | 12.2% (±6.1 points) | 34.7% (±0.6 points) | 32.4% (±0.3 points) | 34.8% |
| Median gross rent | $3,500 or more | $2,068 (±$20) | $1,705 (±$8) | $1,413 |
| Median household income | $250,000 or more | $132,450 (±$2,073) | $103,678 (±$597) | $80,734 |
| Median home value | $1,775,000 (±$129,189) | $640,300 (±$5,098) | $419,900 (±$1,385) | $332,700 |
| Median real estate taxes (a year) | $10,000 or more | $5,539 (±$62) | $4,093 (±$21) | $3,119 |
| Built before 1980 | 86.3% (±10.3 points) | 49.3% (±0.7 points) | 51.2% (±0.4 points) | 49.7% |
| Average commute | 33.0 minutes (±5.7) | 31.9 minutes (±0.4) | 31.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 99.5% (±0.8 points) | 95.7% (±0.3 points) | 92.4% (±0.2 points) | 91.0% |
| Median age of residents | 51.2 years (±2.0) | 40.2 years (±0.2) | 39.4 years (±0.1) | 38.9 years |
Somerset covers 0.3 square miles of land, about 3,942 residents per square mile (Census Bureau Gazetteer).
How Somerset has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,090 (±168) | 1,088 (±155) | −0.2% | Not a measurable change |
| Housing units | 380 (±58) | 420 (±54) | +10.5% | Not a measurable change |
| Median home value | $1,475,800 (±$197,617) | $1,775,000 (±$129,189) | +20.3% | No measurable change after inflation |
| Households that rent | 6.2% (±3.8 points) | 12.2% (±6.1 points) | +6.0 percentage points | Not a measurable change |
| Rental vacancy rate | 11.5% (±18.8 points) | 15.8% (±23.8 points) | +4.3 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Montgomery County
Somerset has no police department of its own in the FBI’s figures, so this is the figure for Montgomery County as a whole.
In 2025, the police departments that report for Montgomery County recorded 169 violent and 1,549 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near Somerset
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Friendship Heights Village | 0.4 mi | $2,289 | $484,300 | 61.4% |
| Chevy Chase Village | 0.9 mi | $3,500 or more | $2,000,000 or more | 3.7% |
| Chevy Chase | 1.3 mi | $3,500 or more | $1,670,600 | 6.3% |
| Chevy Chase Section Three | 1.5 mi | $3,500 or more | $1,605,600 | 4.2% |
| Chevy Chase Section Five | 1.7 mi | $3,500 or more | $1,643,100 | 10.6% |
| Martin's Additions | 1.7 mi | $2,303 | $1,535,200 | 6.6% |
| Bethesda | 1.9 mi | $2,469 | $1,169,900 | 36.0% |
| Brookmont | 2.0 mi | $2,878 | $1,361,100 | 20.3% |
HUD Fair Market Rent for Somerset, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $2,111 | $2,204 | $2,438 | $3,107 | $3,658 |
HUD income limits for Somerset, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $34,900 | $58,150 | $74,800 |
| 2 people | $39,900 | $66,450 | $85,450 |
| 3 people | $44,900 | $74,750 | $96,150 |
| 4 people | $49,850 | $83,050 | $106,800 |
| 5 people | $53,850 | $89,700 | $115,350 |
| 6 people | $57,850 | $96,350 | $123,900 |
| 7 people | $61,850 | $103,000 | $132,450 |
| 8 people | $65,850 | $109,650 | $141,000 |
These are the limits HUD sets for its housing programs in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $166,100.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Somerset
What is the median household income in Somerset?
The median household income in Somerset is $250,000 or more a year (2020–2024 American Community Survey).
What is the average home value in Somerset, MD?
The Census Bureau publishes the median: $1,775,000 (±$129,189) for owner-occupied homes in Somerset (2020–2024 American Community Survey).
What is the average mortgage payment in Somerset?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Somerset, MD is $4,000 or more a month, including taxes, insurance and utilities.
How much are property taxes in Somerset?
The median real estate tax paid by homeowners in Somerset, MD is $10,000 or more a year (2020–2024 American Community Survey).
How many homes are in Somerset?
Somerset, MD has an estimated 420 (±54) housing units, occupied and vacant (2020–2024 American Community Survey).
How old are most homes in Somerset?
86.3% of homes in Somerset, MD were built before 1980 (2020–2024 American Community Survey).
Is Somerset growing?
In Somerset, the number of residents went from 1,090 in 2015–2019 to 1,088 in 2020–2024 (−0.2%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Somerset town, Maryland
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Somerset town, Maryland
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Somerset town, Maryland
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Somerset town, Maryland
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Somerset town, Maryland
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Somerset town, Maryland
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Somerset town, Maryland
- HUD Fair Market Rents, fiscal year 2027: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Somerset town, Maryland (place:73350, in state:24).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .