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2024 Compare Cities Economy:
Northchase, NC vs Somerset, KY

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Highlights
- Household income in Somerset, is 39% less than it is in Northchase and is 129% below the National Average.
- Northchase unemployment rate is 4.1%.
- Somerset unemployment rate is 5.5%.

Economy
 Northchase, NCSomerset, KYUnited States
 Unemployment Rate4.1%5.5%6.0%
 Recent Job Growth0.8%1.7%1.6%
 Future Job Growth37.5%24.4%33.5%
 Sales Taxes7.0%6.0%6.2%
 Income Taxes5.3%6.0%4.6%
 Income per Cap.$22,719$31,211$37,638
 Household Income$49,348$30,107$69,021
 Family Median Income$62,112$49,281$85,028
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 Est. Households By Income
 Northchase, NCSomerset, KYUnited States
 Income Less Than 15K19.1%23.2%9.4%
 Income between 15K and 20K5.3%6.5%3.8%
 Income between 20K and 30K9.4%20.2%8.1%
 Income between 30K and 40K9.4%7.6%8.0%
 Income between 40K and 50K9.0%5.2%7.6%
 Income between 50K and 60K13.5%4.2%7.2%
 Income between 60K and 75K9.7%4.6%9.6%
 Income between 75K and 100K9.4%16.4%12.8%
 Income between 100K and 150K9.1%7.4%16.3%
 Income between 150K and 200K4.6%1.1%7.8%
 Income greater than 200K1.5%3.9%9.5%
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 Population By Occupation
 Northchase, NCSomerset, KYUnited States
 Management, business, finance17.7%9.1%16.4%
 Engineering, computers, science6.4%2.7%6.5%
 Community, social services0.0%5.5%1.8%
 Legal0.0%1.4%1.2%
 Education, library11.8%4.8%6.2%
 Arts, design, media, sports, entertainment2.4%4.1%2.0%
 Healthcare practitioners and technology7.1%4.4%6.2%
 Healthcare support2.1%2.3%3.3%
 Firefighters, law enforcement2.1%2.9%2.1%
 Food preparation, serving4.4%9.6%5.4%
 Building maintenance0.0%3.0%3.6%
 Personal care1.1%3.1%2.6%
 Sales, office, administrative support29.9%24.1%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair5.0%9.8%8.1%
 Production, transportation, material moving10.1%13.0%13.1%

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Reviews for Northchase    0 Reviews

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Reviews for Somerset    7 Reviews

Over 10 years ago

There is certainly a small town atmosphere here. It seems as if there is a high percentage of the population that wants to get Somerset "on the map", but they want to do  More

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Over 14 years ago

I have lived here since 1989. My family moved me here from Chicago Ill when I was 5 years old. Growing up in this place, I can tell you first hand what you children will  More

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Over 16 years ago

I wanted to post facts on somerset on my previous post because sometimes on bestplaces.net it is just opinions and those can be misleading or one-sided. So I posted  More

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ZIPS IN NORTHCHASE, NORTH CAROLINA
No Zip Codes Here.
ZIPS IN SOMERSET, KENTUCKY
42503 42501

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