Somerset County, Maryland Income Statistics
Somerset County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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F
Somerset County Well below averageLeast wealthy county in Maryland
Source: Map AI Methodology
Income Statistics Overview
| Metric | Somerset County | Maryland Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,559 | $103,916 | $80,455 |
| Median Personal Income | $46,503 | $75,715 | $60,758 |
| Average Yearly Income Growth | 7.7% | 4.0% | 4.8% |
| Six-Figure Earners | 5.9% | 20.7% | 13.9% |
| $200k+ Households | 3.9% | 20.3% | 13.2% |
The median household income in Somerset County is about 39% lower than in Maryland. Income has been growing faster in Somerset County (7.7%/yr) than in Maryland (4.0%/yr).
About 6% of adults in Somerset County earn six figures ($100,000 or more) a year, lower than the Maryland average of 21%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Somerset County, Maryland grew by 54.1% from 2009 to 2024, reaching $63,559 in 2024. That's an average of about 7.7% per year.
Income Inequality and the Gender Pay Gap in Somerset County
| Metric | Somerset County | Maryland Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.612 | 0.534 | 0.552 |
| Male Median Income | $51,381 | $84,327 | $69,667 |
| Female Median Income | $49,763 | $72,201 | $56,850 |
| Gender Pay Gap | 3.1% | 14.4% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Somerset County, it is 0.612, higher than Maryland's 0.534, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 3% more than women's income in Somerset County, Maryland. Over a 35-year career, a 3% wage gap accumulates to roughly $56,630 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Somerset County, Maryland has narrowed from about 21% to 3% in 2024. Over that period the gap was widest at 26% in 2022. In dollar terms, the gap has narrowed by $6,940 since 2009.
Employment
| Metric | Somerset County | Maryland Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.5% | 4.8% | 5.2% |
| Working from Home | 9.2% | 19.3% | 15.0% |
| Commute time (minutes) | 20 | 28 | 22 |
Approximately 724 people are unemployed in Somerset County, Maryland.
The average commute time in Somerset County is 20 minutes, shorter than the 28 minutes in Maryland.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Somerset County, Maryland has fallen from 7.8% to 7.5% in 2024. Over that period the rate peaked at 10.1% in 2017 and fell as low as 5.7% in 2023.
Somerset County, MD Wealth Compared With Nearby Counties
Somerset County, MD is the 5th largest of the 6 counties compared here, 24,822 residents against a local median of 33,335. The measure that sets Somerset County, MD apart most is income growth: 7.7%/yr, 68% above the local median of 4.6%/yr. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 7.5% against a local median of 5.7%, 31% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Somerset County, MD is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.9%/yr on income growth, so Somerset County, MD sits at one end of an already wide local range rather than apart from it. Somerset County, MD has the highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Somerset County, MD | 24,822 | $63,559 #4/6 | 7.7%/yr #1/6 | 7.5% #6/6 | 0.612 #6/6 |
| Accomack County, VA | 33,335 | $59,342 | 5.6%/yr | 3.4% | 0.525 |
| Wicomico County, MD | 104,905 | $76,195 | 4.6%/yr | 5.9% | 0.530 |
| Dorchester County, MD | 32,754 | $62,608 | 3.3%/yr | 5.7% | 0.533 |
| Northumberland County, VA | 12,188 | $66,900 | 2.7%/yr | 3.7% | 0.529 |
| Worcester County, MD | 53,701 | $83,661 | 4.8%/yr | 6.7% | 0.519 |
Conclusion
Considering all these factors, Somerset County, Maryland has an overall wealth index grade of F, making it worse than Maryland, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Somerset County, Maryland.
How Rich Is Somerset County, Maryland?
Somerset County has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $63,559, about 39% lower than the Maryland average of $103,916.
How has median household income changed in Somerset County, Maryland?
Between 2009 and 2024, the median household income in Somerset County, Maryland rose 54%, from $41,252 to $63,559. Over the same years, income here outpaced Maryland as a whole: +54% against +49%.
What was the median household income in Somerset County in 2023?
In 2023, the median household income in Somerset County, Maryland was $53,904, up 3% from $52,429 in 2022. The Maryland median that year was $101,974.
What was the median household income in Somerset County in 2020?
In 2020, the median household income in Somerset County, Maryland was $44,971. By 2024 it had risen 41% to $63,559.
Is it hard to find a job in Somerset County, Maryland?
Unemployment in Somerset County, Maryland is 7.5%, well above the Maryland rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Somerset County, Maryland?
The Gini coefficient in Somerset County is 0.612. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Somerset County, Maryland?
Since 2009, the income gap between men and women in Somerset County, Maryland has narrowed from about 21% to 3% in 2024. Over that period the gap was widest at 26% in 2022. In dollar terms, the gap has narrowed by $6,940 since 2009.
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