Somerset, Minnesota 

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Population

739

13% Decline

Unemployment Rate

3.9%

Median Income

$66,250

Avg. Home Price

$201,800

Best Places to Live in Somerset, Minnesota

Find your Best Mortgage in Somerset: Fixed Rate, Adjustable Rate, 30 years, 15 years

QUICK FACTS

Real Estate: For Sale  For Rent
Country: United States
State: Minnesota
County: Steele County
Metro Area: Owatonna Metro Area
City: Somerset
Zip Codes: 56046


Highlights

ECONOMY
The unemployment rate in Somerset is 3.9% (U.S. avg. is 5.2%). Recent job growth is Negative. Somerset jobs have decreased by 0.11%. Learn More...
COST OF LIVING
Compared to the rest of the country, Somerset's cost of living is 2.20% higher than the U.S. average. Learn More... or Compare Somerset's Cost of Living
POPULATION
Somerset's population is 739 people. Since 2000, it has had a population growth of -13.37%. Learn More...
TRANSPORTATION
Average Commute time is 30 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Somerset is $201,800. Home appreciation the last 10 years has been -12.80%. Check out the homes in the area.
SCHOOLS
Somerset public schools spend $11,221 per student. The average school expenditure in the U.S. is $12,383. There are about 17.2 students per teacher in Somerset. Learn More...

Best Places to Live in Somerset Rankings

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Housing Market in Somerset

It's a good time to buy in Somerset. Home Appreciation is up 0.3% in the last 12 months. Browse Somerset Real Estate.

The median home price in Somerset is $201,800. Browse Homes in this Range.


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Compare Somerset, Minnesota to any other place in the USA.

MAPS OF SOMERSET, MINNESOTA
Somerset,Minnesota Map

ZIP CODES IN SOMERSET, MINNESOTA
56046