Somerset Micro Area Housing
As of 2010-2014, median price of a house in Somerset Area is $105,100, which is lower than the state average of $121,600 and is much lower than the national average of $175,700. The median year that a house in Somerset Area was built is 1984, which is newer than the median year for a house built in the state which is 1978 and is newer than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 18,315 Owner Occupied Houses in Somerset Area, #596Somerset Area | 105,100 USD |
Kentucky | 121,600 USD |
U.S. | 175,700 USD |
Somerset Area | 13.38% |
Kentucky | 40.25% |
U.S. | 46.91% |
*The Somerset Area median house price growth rate is since 2005-2009. The Kentucky and U.S population growth rate is since 2000.
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Somerset Area | Kentucky | U.S. | |
Total Housing Units | 31,310, see rank, 100% | 1,938,836 | 132,741,033 |
Occupied Housing Units | 26,052, 83.21%, see rank | 87.80% | 87.55% |
Owner Occupied | 18,315, 58.50%, see rank | 59.42% | 56.34% |
Renter Occupied | 7,737, 24.71%, see rank | 28.38% | 31.21% |
Vacant Housing Units | 5,258, 16.79%, see rank | 12.20% | 12.45% |
For Rent | 1,042, 3.33%, see rank | 2.04% | 2.34% |
For Sale Only | 315, 1.01%, see rank | 1.33% | 1.20% |
Rented or Sold, Not Occupied | 802, 2.56%, see rank | 1.59% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 2,361, 7.54%, see rank | 2.24% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.03% | 0.03% |
Other Vacant | 738, 2.36%, see rank | 4.97% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #137Somerset Area | Kentucky | U.S. |
1984 | 1978 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Somerset Area | % | Kentucky | U.S. | |
Owner-Occupied Units | 18,315 | 100% | 1,152,012 | 74,787,460 |
With a Mortgage | 10,107 | 55.18%, see rank | 60.42% | 65.58% |
Without a Mortgage | 8,208 | 44.82%, see rank | 39.58% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Somerset Area | 952 USD |
Kentucky | 1,124 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Somerset Area | % | Kentucky | U.S. |
$299 or Less | 26 | 0.26%, see rank | 0.45% | 0.20% |
$300 to $499 | 734 | 7.26%, see rank | 4.00% | 1.59% |
$500 to $699 | 1,718 | 17.00%, see rank | 10.65% | 5.01% |
$700 to $999 | 3,007 | 29.75%, see rank | 24.79% | 14.32% |
$1,000 to $1,499 | 3,078 | 30.45%, see rank | 34.58% | 27.90% |
$1,500 to $1,999 | 817 | 8.08%, see rank | 14.86% | 20.35% |
$2,000 to $2,999 | 589 | 5.83%, see rank | 8.07% | 19.52% |
$3,000 or More | 138 | 1.37%, see rank | 2.60% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Somerset Area | 22.10% of the Total Income |
Kentucky | 21.20% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Somerset Area | % | Kentucky | U.S. | |
10% or Less | 566 | 5.60%, see rank | 7.42% | 5.86% |
10% to 20% | 3,793 | 37.53%, see rank | 38.63% | 31.95% |
20% to 30% | 2,654 | 26.26%, see rank | 26.40% | 27.64% |
30% to 40% | 1,167 | 11.55%, see rank | 11.52% | 13.74% |
40% or More | 1,860 | 18.40%, see rank | 15.53% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Somerset Area | 295 USD |
Kentucky | 336 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Somerset Area | % | Kentucky | U.S. |
$199 or Less | 1,701 | 20.72%, see rank | 15.39% | 7.76% |
$200 to $299 | 2,528 | 30.80%, see rank | 25.19% | 14.70% |
$300 to $499 | 2,896 | 35.28%, see rank | 40.30% | 34.63% |
$500 to $699 | 700 | 8.53%, see rank | 13.29% | 21.16% |
$700 or More | 383 | 4.67%, see rank | 5.82% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Somerset Area | 11.70% of the Total Income |
Kentucky | 10.90% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Somerset Area | % | Kentucky | U.S. | |
10% or Less | 3,505 | 42.70%, see rank | 45.97% | 40.19% |
10% to 20% | 2,312 | 28.17%, see rank | 30.79% | 31.47% |
20% to 30% | 1,065 | 12.98%, see rank | 10.69% | 12.24% |
30% to 40% | 379 | 4.62%, see rank | 4.50% | 5.64% |
40% or More | 871 | 10.61%, see rank | 6.79% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Somerset Area | Kentucky | U.S. | |
Total Housing Units | 31,310, 100% | 1,938,836 | 132,741,033 |
1-unit, Detached | 20,586, 65.75%, see rank | 67.21% | 61.65% |
1-unit, Attached | 380, 1.21%, see rank | 2.45% | 5.82% |
2 Units | 968, 3.09%, see rank | 3.05% | 3.75% |
3 or 4 Units | 1,567, 5.00%, see rank | 4.01% | 4.43% |
5 to 9 Units | 722, 2.31%, see rank | 4.66% | 4.78% |
10 or More Units | 795, 2.54%, see rank | 6.39% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 6,292, 20.10%, see rank | 12.23% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Somerset Area | Kentucky | U.S. | |
Total Housing Units | 31,310, 100% | 1,938,836 | 132,741,033 |
1 Room | 278, 0.89%, see rank | 1.31% | 1.95% |
2 Rooms | 553, 1.77%, see rank | 1.58% | 2.48% |
3 Rooms | 1,587, 5.07%, see rank | 6.92% | 9.13% |
4 Rooms | 5,321, 16.99%, see rank | 16.56% | 16.60% |
5 Rooms | 9,336, 29.82%, see rank | 22.96% | 20.41% |
6 Rooms | 5,340, 17.06%, see rank | 19.01% | 18.06% |
7 Rooms | 3,562, 11.38%, see rank | 12.52% | 12.27% |
8 Rooms | 2,295, 7.33%, see rank | 8.32% | 8.48% |
9 Rooms or More | 3,038, 9.70%, see rank | 10.81% | 10.60% |
Median Rooms | 5.30, see rank | 5.50 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Somerset Area | Kentucky | U.S. | |
Total Housing Units | 31,310, 100% | 1,938,836 | 132,741,033 |
No Bedroom | 281, 0.90%, see rank | 1.42% | 2.17% |
1 Bedroom | 2,364, 7.55%, see rank | 8.44% | 11.16% |
2 Bedrooms | 9,624, 30.74%, see rank | 27.38% | 26.69% |
3 Bedrooms | 14,279, 45.61%, see rank | 44.95% | 39.70% |
4 Bedrooms | 3,660, 11.69%, see rank | 14.32% | 16.05% |
5 or More Bedrooms | 1,102, 3.52%, see rank | 3.49% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Somerset Area | Kentucky | U.S. | |
Total Housing Units | 26,052, 100% | 1,702,235 | 116,211,092 |
Utility Gas | 2,725, 10.46%, see rank | 38.22% | 48.85% |
Bottled, Tank, or LP Gas | 1,025, 3.93%, see rank | 6.49% | 4.86% |
Electricity | 20,316, 77.98%, see rank | 50.50% | 36.68% |
Fuel Oil, Kerosene, etc. | 570, 2.19%, see rank | 1.03% | 5.86% |
Coal or Coke | 21, 0.08%, see rank | 0.25% | 0.12% |
Wood | 1,332, 5.11%, see rank | 2.95% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.02% | 0.05% |
Other Fuel | 1, 0.00%, see rank | 0.30% | 0.47% |
No Fuel Used | 62, 0.24%, see rank | 0.24% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Somerset Area | Kentucky | U.S. |
Occupied Units Paying Rent | 6,709, 100% | 496,536 | 39,201,928 |
$199 or Less | 211, 3.15%, see rank | 3.01% | 1.50% |
$200 to $299 | 530, 7.90%, see rank | 5.28% | 3.18% |
$300 to $499 | 1,765, 26.31%, see rank | 15.95% | 7.37% |
$500 to $699 | 2,181, 32.51%, see rank | 30.85% | 16.01% |
$700 to $999 | 1,680, 25.04%, see rank | 29.97% | 29.17% |
$1,000 to $1,499 | 331, 4.93%, see rank | 12.25% | 26.88% |
$1,500 to $1,999 | 11, 0.16%, see rank | 1.85% | 9.79% |
$2,000 or More | 0, 0.00%, see rank | 0.83% | 6.10% |
Median | $579, see rank | $667 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Somerset Area | Kentucky | U.S. | |
Occupied Housing Units | 26,052, 100% | 1,702,235 | 116,211,092 |
No Vehicles Available | 1,892, 7.26%, see rank | 7.85% | 9.12% |
1 Vehicles Available | 9,219, 35.39%, see rank | 33.49% | 33.80% |
2 Vehicles Available | 9,599, 36.85%, see rank | 38.04% | 37.48% |
3 or More Vehicles Available | 5,342, 20.51%, see rank | 20.62% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.