Somerset, WI Real Estate
According to census data in the year 2000 there were 637 housing units in Somerset.
This represents a 52.8% growth from 417 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 637 were located in what is classified as a rural area.
Homeownership rate in Somerset is about 51.2%.
Somerset's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Somerset were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 13.70% |
| Two Bedrooms | 45.40% |
| Three Bedrooms | 31.20% |
| Four Bedrooms | 7.80% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $106,200 |
| Median Price asked for vacant units | $72,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1987 |
| Median Monthly Rent asked for vacant units | $513 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.10% |
| Home Equity Loan | 13.10% |
| Simple Mortgage | 55.80% |
| Debt Free | 23% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
