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Somerset has an unemployment rate of 5.7%. The US average is 5.2%.
Somerset has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 38.0%.
Tax Rates for Somerset - The Sales Tax Rate for Somerset is 6.0%. The US average is 6.0%. - The Income Tax Rate for Somerset is 6.8%. The US average is 4.6%.
Income and Salaries for Somerset - The average income of a Somerset resident is $17,399 a year. The US average is $28,555 a year. - The Median household income of a Somerset resident is $24,851 a year. The US average is $53,482 a year.
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