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Somerset, Massachusetts

CDP · Bristol County

At a glance

18,298
Population
$418,800
Median home value (all homes)
38% above U.S. median
$518,358
Typical market value
Zillow, 2026-07
$1,271/mo
Median rent
6% below U.S. median
$112,677
Median household income
43% above U.S. median
31.3 min
Average commute
90.8%
Homes with broadband
0%
Locations with fiber available
3.3%
Unemployment

Cost of living (Clay Affordability Index)

CAI 116 — 16% above the national average. how it's computed

Housing56% above
Goods & services0% below
Utilities19% above
Taxes7% below
Insurance5% above
Commute cost17% above
For business: Massachusetts is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Nearest 4-year college11 mi
Nearest community college3 mi
Nearest technical college5 mi
High school graduates92.3%
College graduates37.6%

Doing business here

Economic development contacts, most local first:

city Somerset Economic Development
The Somerset Economic Development Committee is responsible for advising the Somerset Selectmen on cultivating a diverse economy while recognizing the need to maintain a balance between attracting new investment to increase the local tax base, encouraging and supporting local businesses, fostering local entrepreneurship, and strengthening Somerset's key businesses and industries. Its focus areas include planning and development, marketing and promotion, government cooperation, and public participation.
state MassDevelopment
MassDevelopment provides financing, real estate, and community development solutions to grow businesses, create opportunity, and energize cities and towns across Massachusetts. It aims to revitalize communities, expand housing, and create jobs.
state Massachusetts Alliance for Economic Development
MassEcon is a private, non-profit partnership of business, industry leaders, and government dedicated to the economic growth of Massachusetts. MassEcon's mission is to promote and champion Massachusetts as the best place to start, grow and locate a business.
State sales taxYes
State income taxYes
Right-to-work stateNo

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