Income & Economy in Somerville, IN

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$71,250

-3% vs national

Per Capita Income

$27,264

-27% vs national

Poverty Rate

5.7%

-58% vs national

Gini Index

0.3016

0 = perfect equality

Unemployment

1.8%

-65% vs national

SNAP Recipients

11.1%

of households

How Somerville Compares

Source: Census ACS (2023)

Somerville vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Somerville is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Somerville. The median household income here is $71,250.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
14.4%
$25-50K
20.0%
$50-75K
15.6%
$75-100K
22.2%
$100-150K
27.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

1.8%

-60% vs IN avg

Labor Force

111

Employed

109

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

8.8%

of adults 25+

High School Diploma+

41.2%

of adults 25+

Median Age

37.7

Work from Home

1.0%

of workers

The median household income in Somerville, IN is $71,250, which is 2.7% below the national average of $73,224. Per capita income is $27,264. The poverty rate of 5.7% is lower than the IN state average of 11.9%. The Gini index of income inequality is 0.3016, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.8%, compared to the state average of 4.5%. 8.8% of adults hold a bachelor's degree or higher.