2025 Compare Cities Economy:
Somerset, KY vs Charlottesville, VA

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Highlights
- Household income in Charlottesville, is 111% more than it is in Somerset and is 9% below the National Average.
- Somerset unemployment rate is 5.5%.
- Charlottesville unemployment rate is 4.7%.
 Somerset, KYCharlottesville, VAUnited States
 Unemployment Rate  Unlock4.7%6.0%
 Recent Job Growth  Unlock3.7%1.6%
 Future Job Growth24.4%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock5.8%4.6%
 Income per Cap.$31,211  Unlock$37,638
 Household Income  Unlock$63,470$69,021
 Family Median Income$49,281  Unlock$85,028
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 Est. Households By Income
 Somerset, KYCharlottesville, VAUnited States
 Income Less Than 15K  Unlock15.0%9.4%
 Income between 15K and 20K6.5%  Unlock3.8%
 Income between 20K and 30K  Unlock6.9%8.1%
 Income between 30K and 40K7.6%  Unlock8.0%
 Income between 40K and 50K  Unlock7.0%7.6%
 Income between 50K and 60K4.2%  Unlock7.2%
 Income between 60K and 75K  Unlock7.2%9.6%
 Income between 75K and 100K16.4%  Unlock12.8%
 Income between 100K and 150K  Unlock14.6%16.3%
 Income between 150K and 200K1.1%  Unlock7.8%
 Income greater than 200K  Unlock11.6%9.5%
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 Population By Occupation
 Somerset, KYCharlottesville, VAUnited States
 Management, business, finance9.1%  Unlock16.4%
 Engineering, computers, science  Unlock10.7%6.5%
 Community, social services5.5%  Unlock1.8%
 Legal  Unlock1.8%1.2%
 Education, library4.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.7%2.0%
 Healthcare practitioners and technology4.4%  Unlock6.2%
 Healthcare support  Unlock1.4%3.3%
 Firefighters, law enforcement2.9%  Unlock2.1%
 Food preparation, serving  Unlock7.6%5.4%
 Building maintenance3.0%  Unlock3.6%
 Personal care  Unlock2.8%2.6%
 Sales, office, administrative support24.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair9.8%  Unlock8.1%
 Production, transportation, material moving  Unlock7.2%13.1%
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

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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

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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

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Reviews for Charlottesville    44 Reviews

Over 4 years ago

I have lived in Charlottesville, Albemarle County for 25 years. It USED to be a decent place but in the past 10 years has gone downhill. Rent is TOO high, landlords are  More

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Over 4 years ago

Loved here for 7 years, lots of parks and close proximity to Shenandoah, but that’s where the positives end. High cost of living with extreme income inequality,  More

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Over 4 years ago

Charlottesville resident for 7 years. Plenty of parks, the Rivanna River and trail, and a short drive to Shenandoah National Park means plenty of opportunities for  More

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