Operating Costs & Financing
Somerset property taxes are above the county average by 0.38 percentage points. Average Loan-to-Value is 65.0%.
Effective Property Tax
$41.33 per sq ft
Tax Rate (average for all types)
2.38%
Tax Rate vs County Average
0.38 pp above county avg
Avg Loan-to-Value
65.0%
New Listings Trend, 12 Mo
Number of new listings by month over the past year in Somerset.
Leading Commercial Asset Segments
Somerset Demographics Overview
Population
18K
Population Growth (5Y)
-2.0%
Median Household Income
$112,545
College Educated
50.8%
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