Somerset vs Springfield: Housing
| Somerset | Springfield | |
|---|---|---|
| Median Home Value | $418,800 | $245,000 |
| Median Gross Rent | $1,271/mo | $1,144/mo |
| Homeownership Rate | 86.9% | 49.6% |
| Rent as Share of Income | 13.5% | 26.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.