What is the median household income in Somerset, MD?

Name: Income and affordability in Somerset, MD, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median household income in Somerset, MD is $250,000 or more a year (2020–2024 American Community Survey).

Figures last updated on November 12, 2026.

Median household income: $250,000 or more
Median renter income: $216,250 (±$144,659)

Income in Somerset against Montgomery County, its state and the nation

Income, estimate (90% margin of error)
	Somerset	Montgomery County	Maryland	United States
Median household income	$250,000 or more	$132,450 (±$2,073)	$103,678 (±$597)	$80,734
Median renter household income	$216,250 (±$144,659)	$79,810 (±$1,782)	$62,703 (±$866)	$52,966
Median owner household income	$250,000 or more	$172,408 (±$2,055)	$129,423 (±$883)	$100,009
Median gross rent	$3,500 or more	$2,068 (±$20)	$1,705 (±$8)	$1,413

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$1,475,800 (±$197,617)	$1,775,000 (±$129,189)	+20.3%	No measurable change after inflation

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.

Median household income in places near Somerset

Nearest places with a published estimate, compared with Somerset
Place	Distance	Median household income	Compared with this place
Somerset	—	$250,000 or more	—
Friendship Heights Village	0.4 mi	$119,384 (±$12,113)	—
Chevy Chase Village	0.9 mi	$250,000 or more	—
Chevy Chase	1.3 mi	$250,000 or more	—
Chevy Chase Section Three	1.5 mi	$250,000 or more	—
Chevy Chase Section Five	1.7 mi	$250,000 or more	—
Martin's Additions	1.7 mi	$250,000 or more	—
Bethesda	1.9 mi	$192,237 (±$6,260)	—
Brookmont	2.0 mi	$247,150 (±$16,522)	—

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Montgomery County, place by place

Rank	Place	Median household income
1 (tie)	Chevy Chase Section Three	$250,000 or more
1 (tie)	Chevy Chase View	$250,000 or more
1 (tie)	Chevy Chase Village	$250,000 or more
1 (tie)	Garrett Park	$250,000 or more
1 (tie)	Martin's Additions	$250,000 or more
1 (tie)	North Chevy Chase	$250,000 or more
1 (tie)	Somerset	$250,000 or more
1 (tie)	Travilah	$250,000 or more
12	Brookmont	$247,150 (±$16,522)
13	Laytonsville	$240,500 (±$42,241)
14	Potomac	$236,675 (±$16,199)
15	Darnestown	$232,135 (±$46,211)
16	Barnesville	$231,250 (±$112,981)

Showing 13 of 59 places in Montgomery County, ranked from highest to lowest.

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 do renters earn in Somerset?

The median renting household in Somerset, MD earns $216,250 (±$144,659) a year.

Sources

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) and detailed tables (acs/acs5) 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 B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

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.