BizyFi Apply

Market insights · Maine

Somerset County, ME: growth, migration and housing

Somerset County has 51,620 residents, up 2.3% since 2020 (+0.3% in the last year). In 2022–2023, 1,493 households moved in and 1,278 moved out (+215 net), bringing in a net $17.4M of income. Median household income is $58,179, the median home $166,900 and median rent $910 a month.

Population (2025)51,620
5-year growth+2.3%
1-year growth+0.3%
Net households moving in+215
Per 1,000 residents+4.2
Net income moving in+$17.4M
Median household income$58,179
Median home value$166,900
Median rent$910/mo
Rent as share of income19%

In Maine: 13th of 16 counties for 5-year population growth · 2nd of 16 counties for net in-migration (per resident) · 14th of 16 counties for median household income · 14th of 16 counties for median home value.

Where new residents came from

Top counties by households (tax returns) moving to Somerset County, 2022–2023 (IRS).

FromHouseholds (tax returns)Their income (AGI)
Kennebec County, ME406$20.4M
Penobscot County, ME189$7.5M
Cumberland County, ME88$5.2M
Franklin County, ME79$3.0M
Waldo County, ME49$2.5M
Androscoggin County, ME43$2.2M
York County, ME34$1.7M
Piscataquis County, ME27$1.0M

Where leavers went

Top counties by households leaving Somerset County, 2022–2023 (IRS).

ToHouseholds (tax returns)Their income (AGI)
Kennebec County, ME363$15.4M
Penobscot County, ME190$8.7M
Franklin County, ME69$3.2M
Cumberland County, ME66$4.0M
Waldo County, ME46$1.9M
Androscoggin County, ME37$1.9M
Piscataquis County, ME26$1.4M
Hancock County, ME22$0.9M

BizyFi in Somerset County

No companies in the BizyFi directory are based here yet. Search them on the company map (company names with a free account), or browse Maine companies.

← All Maine counties · National rankings

Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.