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Somerset Kentucky Real Estate By Jennifer Hershey

Somerset Kentucky Real Estate

Somerset, Kentucky, is located in Pulaski County, 67 miles S of Lexington, Kentucky and 137 miles NE of Nashville, Tennessee. Somerset has a population of 11,352.

Somerset Homes

Somerset properties pool is 4,861 residential properties including Somerset new homes. Median age of real estate in Somerset is 1965. Average Household size is 2.8 people. 1% are one bedroom homes, 30% are 2 bedroom homes, 43% are 3 bedroom homes, 20% are 4 bedroom homes, and 6% are 5+ bedroom homes.

Somerset Mortgage Statistics

Somerset mortgages vs. USA median statistics

Homes Somerset USA
Homes With No Mortgage 50%
30%
Homes With Mortgage 50%
70%
First Mortgage Only 37%
54%
First & Second Mortgage or HELOC 13%
16%

Somerset Area Real Estate Tax

Somerset Real estate Tax: Median Real Estate Taxes (2000) were $396 comparing to 1999 Median Family income $ 31,226. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Somerset School District: Children make up 20.6% of Somerset population. Somerset has 2,342 under 18 years old residents, or 0.55 kids per one worker, or 0.48 kids per one household.

Somerset Real Estate & Somerset Homeownership

There are 1847.18 or 38% one person households, 1506.91 or 31% two person households, and 777.76 or 16% three person households in Somerset, Kentucky. Median residents age is 40.3, Senior citizens (65+) make up 2,431 or 21.4%% of Somerset population.

There are 4,238 workers (over 16 years of age) in Somerset. Of these, 94.69% drive to work. Approximately 0.47% of workers in Somerset take public transportation. An estimated 2.19% walk to work.

Median Somerset homeowner's housing expences are 13.8%

Crime in Somerset (2003), crimes per 10,000 residents per year

Type of Crime Somerset USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Somerset Properties

When making a decision about buying real estate in Somerset Kentucky area, you should consider following statistical data:

Category Somerset USA
Near Medium City
Lexington, Kentucky
-
Near Large City
Nashville, Tennessee
-
Somerset Zip Codes
42501, 42503
-
Somerset Area Codes
606
-
White population
94.16%
75.1%
African-American population
3.66%
12.3%
Asian
0.71%
3.6%
American Indian & Alaskan
0.18%
0.9%
Hispanic (of any race)
0.99%
12.5%
Median Family Income (1999)
$ 31,226%
$42,000
Population Below Poverty Level
20.18%
12.4%

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