New Richmond vs Somerset

A side-by-side comparison of New Richmond and Somerset: population, income, housing, and more.

New Richmond and Somerset are places in Wisconsin. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

New Richmond has the higher population (10,334 vs 3,084 in Somerset). New Richmond has the higher median household income ($87,500 vs $76,176 in Somerset). Somerset has the higher median home value ($271,200 vs $269,000 in New Richmond).

Population, income & housing

	New Richmond	Somerset
Population	10,334	3,084
Median age	37.6 yrs	27.8 yrs
Median household income	$87,500	$76,176
Median home value	$269,000	$271,200
Median gross rent	$1,070	$1,127
Housing units	4,405	1,289
Homeownership rate	62.8%	58.2%
Bachelor's degree or higher	33.1%	24.3%
Unemployment rate	1.7%	1.6%

Trends (ACS 5-year, 2019–2023)

	New Richmond	Somerset
Population	9,034 → 10,334 (+14.4%)	2,789 → 3,084 (+10.6%)
Median household income	$60,131 → $87,500 (+45.5%)	$66,146 → $76,176 (+15.2%)
Median home value	$180,100 → $269,000 (+49.4%)	$172,600 → $271,200 (+57.1%)
Median gross rent	$835 → $1,070 (+28.1%)	$960 → $1,127 (+17.4%)

New Richmond

Population

9,03410,334

Median household income

$60,131$87,500

Median home value

$180,100$269,000

Median gross rent

$835$1,070

Somerset

Population

2,7893,084

Median household income

$66,146$76,176

Median home value

$172,600$271,200

Median gross rent

$960$1,127

Age & race/ethnicity

Age distribution (share)

	New Richmond	Somerset
Under 5	5.8%	11.3%
5 to 17	18.1%	21.0%
18 to 24	6.1%	13.3%
25 to 34	14.9%	16.5%
35 to 44	16.1%	15.3%
45 to 54	11.9%	5.8%
55 to 64	11.8%	10.8%
65 to 74	8.5%	3.8%
75 and over	6.8%	2.1%

Race & ethnicity (share)

	New Richmond	Somerset
White (non-Hispanic)	89.6%	86.1%
Black or African American	1.6%	0.0%
American Indian & Alaska Native	0.3%	0.1%
Asian	0.1%	1.8%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	6.9%	7.8%
Hispanic or Latino	1.5%	4.3%

Educational attainment (age 25+)

Share of adults 25+

	New Richmond	Somerset
No high school diploma	3.7%	2.2%
High school graduate	27.3%	38.4%
Some college or associate's	35.9%	35.0%
Bachelor's degree	24.3%	20.6%
Graduate or professional degree	8.8%	3.7%

Commute to work

How workers get to work (share)

	New Richmond	Somerset
Drove alone	77.1%	73.3%
Carpooled	6.4%	13.7%
Public transit	0.1%	0.8%
Walked	0.6%	4.3%
Bicycle	0.3%	0.0%
Worked from home	13.7%	6.9%
Other means	1.7%	0.9%

Housing

Units in structure (share)

	New Richmond	Somerset
1-unit, detached	58.7%	56.4%
1-unit, attached	11.3%	11.6%
2 to 4 units	12.2%	7.2%
5 to 19 units	9.0%	21.0%
20 or more units	8.9%	3.8%
Mobile home & other	0.0%	0.0%

Poverty & households

	New Richmond	Somerset
Poverty rate	7.8%	10.2%
Average household size	2.34	2.65
Mean commute (minutes)	26	28
Median year structure built	1985	2001