Somerset is located close to the center of Ohio. Somerset is part of Perry County. Somerset has 1.16 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Somerset population is 1,488, which has shrunk 3.94% since 2000. The population growth rate is much lower than the state average rate of 1.83% and is much lower than the national average rate of 11.61%. Somerset median household income is $40,873 in 2010-2014 and has grown by 36.96% since 2000. The income growth rate is much higher than the state average rate of 19.27% and is higher than the national average rate of 27.36%. Somerset median house value is $98,900 in 2010-2014 and has grown by 20.46% since 2000. The house value growth rate is lower than the state average rate of 24.98% and is much lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Somerset is close to the state average in quality. The Somerset area code is 740.