Somerset is a very small village located in the state of Ohio. With a population of 1,483 people and two associated neighborhoods, Somerset is the 516th largest community in Ohio. Somerset has a large stock of pre-World War II architecture, making it one of the older and more historic villages in the country.

Somerset real estate is some of the most expensive in Ohio, although Somerset house values don't compare to the most expensive real estate in the U.S.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 19.38% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

In Somerset, however, the average commute to work is quite long. On average, people spend 30.83 minutes each day getting to work, which is significantly higher than the national average.

The percentage of people in Somerset who are college-educated is somewhat higher than the average US community of 21.84%: 26.79% of adults in Somerset have at least a bachelor's degree.

The per capita income in Somerset in 2022 was $29,267, which is lower middle income relative to Ohio and the nation. This equates to an annual income of $117,068 for a family of four. However, Somerset contains both very wealthy and poor people as well.

The people who call Somerset home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Somerset residents report their race to be White. Important ancestries of people in Somerset include German, English, Irish, Italian, and Scots-Irish.

The most common language spoken in Somerset is English. Other important languages spoken here include Spanish and Polish.