2025 Compare Cities Economy:
Alexander City, AL vs Somerset, KY

Change Cities
Highlights
- Household income in Somerset, is 28% less than it is in Alexander City and is 129% below the National Average.
- Alexander City unemployment rate is 4.2%.
- Somerset unemployment rate is 5.5%.
 Alexander City, ALSomerset, KYUnited States
 Unemployment Rate  Unlock5.5%6.0%
 Recent Job Growth  Unlock1.7%1.6%
 Future Job Growth20.3%  Unlock33.5%
 Sales Taxes10.0%  Unlock6.2%
 Income Taxes  Unlock6.0%4.6%
 Income per Cap.$23,867  Unlock$37,638
 Household Income  Unlock$30,107$69,021
 Family Median Income$62,813  Unlock$85,028
 space
 Est. Households By Income
 Alexander City, ALSomerset, KYUnited States
 Income Less Than 15K  Unlock23.2%9.4%
 Income between 15K and 20K5.6%  Unlock3.8%
 Income between 20K and 30K  Unlock20.2%8.1%
 Income between 30K and 40K8.1%  Unlock8.0%
 Income between 40K and 50K  Unlock5.2%7.6%
 Income between 50K and 60K8.3%  Unlock7.2%
 Income between 60K and 75K  Unlock4.6%9.6%
 Income between 75K and 100K9.8%  Unlock12.8%
 Income between 100K and 150K  Unlock7.4%16.3%
 Income between 150K and 200K1.8%  Unlock7.8%
 Income greater than 200K  Unlock3.9%9.5%
 space1
 Population By Occupation
 Alexander City, ALSomerset, KYUnited States
 Management, business, finance10.0%  Unlock16.4%
 Engineering, computers, science  Unlock2.7%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock1.4%1.2%
 Education, library4.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.1%2.0%
 Healthcare practitioners and technology5.5%  Unlock6.2%
 Healthcare support  Unlock2.3%3.3%
 Firefighters, law enforcement1.5%  Unlock2.1%
 Food preparation, serving  Unlock9.6%5.4%
 Building maintenance1.3%  Unlock3.6%
 Personal care  Unlock3.1%2.6%
 Sales, office, administrative support24.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair11.8%  Unlock8.1%
 Production, transportation, material moving  Unlock13.0%13.1%
Reviews for Alexander City    3 Reviews

If lake living is your thing you will thrive in Alexander City. Retirees and really just nature loving students and young professionals are moving to the Tallapoosa  More

   |    Reply

This is a corrupt dying old mill town that has lost its mill. The crony government is totally corrupt. The schools are pathetic and it shows in the ignorance of the  More

   |    Reply

it is a great place to live in. it is very quiet and you can get along with people really easily. its a very cool place where fun is always an option. i love staying  More

   |    Reply

Start Your Review of Alexander City

Reviews for Somerset    7 Reviews

Over 11 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

   |    Reply

Over 15 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

   |    Reply

Over 17 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

   |    Reply

Start Your Review of Somerset


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.