Somerset, a city located in the state of Kentucky (KY), is home to a population of approximately 11,998 people. Somerset boasts a median age of 38.1, with around 23.7% of its residents aged 60 or above. 4.3% of the population identifies as US Veterans. 19.5% of Somerset residents are disabled. The city has an average household income of $33,245, while the unemployment rate stands at 8.7%, and around 29.1% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Somerset is $130,774, with a monthly rent averaging $812.