Home / Select Cities  /  2024 Comparing Somerset, KY vs. Morganton, NC

2024 Compare Cities Housing:
Somerset, KY vs Morganton, NC

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Highlights
- The median age of a home in Somerset is 8.5% younger than the median age of a home in Morganton.

Housing
 Somerset, KYMorganton, NCUnited States
 Median Home Age475142
 Median Home Cost$192,700$216,500$338,100
 Home Appr. Last 12 months16.7%24.0%16.6%
 Home Appr. Last 5 yrs.49.8%75.5%57.0%
 Home Appr. Last 10 yrs.64.4%92.8%101.1%
 Property Tax Rate$7.6$9.4$11.0
 Homes Owned42.6%45.6%57.4%
 Housing Vacant12.0%12.2%11.2%
 Homes Rented45.4%42.2%31.4%
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 Avg Rent For Home Or Apartment
 Somerset, KYMorganton, NCUnited States
 Average Rent$980$1,670$1,840
 Studio Apartment$530$1,060$1,080
 1 Bedroom Home or Apartment$610$1,060$1,180
 2 Bedroom Home or Apartment$800$1,290$1,430
 3 Bedroom Home or Apartment$990$1,690$1,860
 4 Bedroom Home or Apartment$1,080$1,930$2,160
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 Vacant Housing
 Somerset, KYMorganton, NCUnited States
 Vacant For Rent5.4%3.1%1.9%
 Vacant Rented0.0%0.0%0.4%
 Vacant For Sale0.5%0.8%0.7%
 Vacant Sold0.8%0.2%0.4%
 Vacant Vacation0.5%0.4%3.6%
 Vacant Other4.8%7.8%4.1%
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 Owner-Occupied Housing Value
 Somerset, KYMorganton, NCUnited States
 Less Than $20,0000.8%2.0%2.6%
 $20,000 to $39,9993.5%1.3%2.4%
 $40,000 to $59,9994.0%2.0%2.8%
 $60,000 to $79,99911.9%8.9%3.9%
 $80,000 to $99,99913.8%11.0%4.5%
 $100,000 to $149,99928.7%21.3%11.3%
 $150,000 to $199,99917.3%17.9%13.0%
 $200,000 to $299,99914.5%22.8%20.1%
 $300,000 to $399,9991.9%7.8%13.6%
 $400,000 to $499,9991.0%2.7%8.3%
 $500,000 to $749,9990.0%2.1%9.7%
 $750,000 to $999,9991.8%0.3%3.9%
 $1,000,000 to $1,499,9990.7%0.0%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.0%0.0%1.1%
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 Housing Units By Year Built
 Somerset, KYMorganton, NCUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 201414.2%6.9%13.6%
 2000 to 200914.2%6.9%13.6%
 1990 to 19998.6%10.8%13.6%
 1980 to 198912.3%13.8%13.2%
 1970 to 197918.6%16.7%14.8%
 1960 to 19698.6%10.8%13.6%
 1950 to 195915.0%12.8%10.0%
 1940 to 19496.1%8.2%4.7%
 1939 or Earlier13.7%13.8%12.2%

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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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Reviews for Morganton    4 Reviews

We moved to Morganton in 2014 and love this town/area. The natural beauty in the Catawba Valley is astounding. Mountains, rivers, and beautiful trees are everywhere. The  More

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Over 9 years ago

Will be transplanting from the suburbs of Philadelphia and have visited Morganton on our way to Asheville/Hendersonville. It is close to take in what Asheville has to  More

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Over 10 years ago

It is the best place for schools. cost of living is great. Homes are cheap and affordable. Crime is very low. Recommend moving to Morganton NC  More

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ZIPS IN SOMERSET, KENTUCKY
42503 42501
ZIPS IN MORGANTON, NORTH CAROLINA
28655

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