Somerset, MA Real Estate
According to census data in the year 2000 there were 7,143 housing units in Somerset.
This represents a 8% growth from 6,614 in 1990.
Of those housing units, 7,143 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Somerset is about 82%.
Somerset's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Somerset were built after 1960.
|Housing Units by Size|
|Five Bedrooms or more||2.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.75|
|Median year structure was built||1962|
|Median Value of occupied units||$144,800|
|Median Price asked for vacant units||$98,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.73|
|Median year structure was built||1949|
|Median Monthly Rent asked for vacant units||$537|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||8.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.4%|