2025 Compare Cities Economy:
Somerset, KY vs Miami, FL

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Highlights
- Household income in Miami, is 59% more than it is in Somerset and is 44% below the National Average.
- Somerset unemployment rate is 5.5%.
- Miami unemployment rate is 8.3%.
 Somerset, KYMiami, FLUnited States
 Unemployment Rate  Unlock8.3%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth24.4%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$31,211  Unlock$37,638
 Household Income  Unlock$47,860$69,021
 Family Median Income$49,281  Unlock$85,028
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 Est. Households By Income
 Somerset, KYMiami, FLUnited States
 Income Less Than 15K  Unlock17.7%9.4%
 Income between 15K and 20K6.5%  Unlock3.8%
 Income between 20K and 30K  Unlock10.9%8.1%
 Income between 30K and 40K7.6%  Unlock8.0%
 Income between 40K and 50K  Unlock7.5%7.6%
 Income between 50K and 60K4.2%  Unlock7.2%
 Income between 60K and 75K  Unlock8.3%9.6%
 Income between 75K and 100K16.4%  Unlock12.8%
 Income between 100K and 150K  Unlock11.1%16.3%
 Income between 150K and 200K1.1%  Unlock7.8%
 Income greater than 200K  Unlock7.2%9.5%
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 Population By Occupation
 Somerset, KYMiami, FLUnited States
 Management, business, finance9.1%  Unlock16.4%
 Engineering, computers, science  Unlock3.3%6.5%
 Community, social services5.5%  Unlock1.8%
 Legal  Unlock2.4%1.2%
 Education, library4.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.5%2.0%
 Healthcare practitioners and technology4.4%  Unlock6.2%
 Healthcare support  Unlock2.6%3.3%
 Firefighters, law enforcement2.9%  Unlock2.1%
 Food preparation, serving  Unlock7.2%5.4%
 Building maintenance3.0%  Unlock3.6%
 Personal care  Unlock3.0%2.6%
 Sales, office, administrative support24.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.3%0.6%
 Construction, extraction, maintenance/repair9.8%  Unlock8.1%
 Production, transportation, material moving  Unlock10.0%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 Miami    189 Reviews

Over 1 years ago

Great vacation spot with the best clubs and food. Wynwood and the Miami Design District are the best, just be careful at night. Area tends to jack prices up around  More

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Miami is rapidly devolving into a filthy, crime ridden, unattractive extension of Central America and South America. The population is a bunch of rude entitled dependent  More

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Beautiful place, well into the late 20th Century ... clean, safe, fun, peaceful. Started seeing elements of crap, just a tiny bit, back around 1980. Now what changed  More

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