2026 Compare Cities Economy:
Somerset, KY vs Morganton, NC

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Highlights
- Household income in Morganton, is 43% more than it is in Somerset and is 60% below the National Average.
- Somerset unemployment rate is 5.5%.
- Morganton unemployment rate is 4.4%.
 Somerset, KYMorganton, NCUnited States
 Unemployment Rate  Unlock4.4%6.0%
 Recent Job Growth  Unlock1.6%1.6%
 Future Job Growth24.4%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$31,211  Unlock$37,638
 Household Income  Unlock$43,103$69,021
 Family Median Income$49,281  Unlock$85,028
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 Est. Households By Income
 Somerset, KYMorganton, NCUnited States
 Income Less Than 15K  Unlock13.8%9.4%
 Income between 15K and 20K6.5%  Unlock3.8%
 Income between 20K and 30K  Unlock15.4%8.1%
 Income between 30K and 40K7.6%  Unlock8.0%
 Income between 40K and 50K  Unlock12.1%7.6%
 Income between 50K and 60K4.2%  Unlock7.2%
 Income between 60K and 75K  Unlock7.4%9.6%
 Income between 75K and 100K16.4%  Unlock12.8%
 Income between 100K and 150K  Unlock10.2%16.3%
 Income between 150K and 200K1.1%  Unlock7.8%
 Income greater than 200K  Unlock3.6%9.5%
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 Population By Occupation
 Somerset, KYMorganton, NCUnited States
 Management, business, finance9.1%  Unlock16.4%
 Engineering, computers, science  Unlock3.2%6.5%
 Community, social services5.5%  Unlock1.8%
 Legal  Unlock0.4%1.2%
 Education, library4.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.0%2.0%
 Healthcare practitioners and technology4.4%  Unlock6.2%
 Healthcare support  Unlock5.5%3.3%
 Firefighters, law enforcement2.9%  Unlock2.1%
 Food preparation, serving  Unlock11.1%5.4%
 Building maintenance3.0%  Unlock3.6%
 Personal care  Unlock1.7%2.6%
 Sales, office, administrative support24.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair9.8%  Unlock8.1%
 Production, transportation, material moving  Unlock24.0%13.1%
Reviews for Somerset    7 Reviews

Over 12 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 16 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 18 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 11 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 12 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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