Somerset, TX Real Estate
According to census data in the year 2000 there were 545 housing units in Somerset.
This represents a 27.9% growth from 426 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 545 were located in what is classified as a rural area.
Homeownership rate in Somerset is about 72%.
Somerset's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.98 people.
The majority of houses, apartments or condos in Somerset were built after 1975.
|Housing Units by Size|
|Five Bedrooms or more||1.50%|
Owned Homes, Apartments and Condos
|Average Household Size||3.17|
|Median year structure was built||1975|
|Median Value of occupied units||$50,800|
|Median Price asked for vacant units||$37,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.5|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$344|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.1%|