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Somerset, Massachusetts Retirement Guide
established retirement community
62
Retirement Score
Somerset, Massachusetts at a Glance
- Median Home Price
- $369,000
- State Income Tax
- State income tax; Social Security exempt; many public pensions exempt with partial rules for others.
- Avg January Low
- 25.2°F
- Cost of Living Index
- 109.4 (US avg = 100)
- Best For
- established retirement community
- RetireCityIQ Score
- 62 / 100
Retirement Data
Affordability
Cost of Living Index
109.4 (U.S. avg = 100)High confidence
BEA Regional Price Parities · Updated May 2026
Median Home Price
$369,000High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Monthly Rent
$1,307High confidence
U.S. Census ACS 5-Year · Updated June 2026
Taxes
Retirement Tax Score
45 / 100High confidence
Tax Foundation · Updated June 2026
Tax Details
State income tax; Social Security exempt; many public pensions exempt with partial rules for others.High confidence
Tax Foundation · Updated June 2026
Retiree Readiness (Sprint 2)
Care Access Score (proxy)
100 / 100High confidence
RetireCityIQ proxy model · Updated June 2026
Aging-in-Place Score (proxy)
41.2 / 100High confidence
RetireCityIQ proxy model · Updated June 2026
Healthcare
Healthcare Access Score
100 / 100High confidence
CMS Hospital General Information + RetireCityIQ nearest-hospital radius model · Updated June 2026
Climate
Avg July High
84°FHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated June 2026
Avg January Low
25.2°FHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated June 2026
Annual Precipitation
52.3"High confidence
Open-Meteo Historical Weather (ERA5) · Updated June 2026
Sunny Days / Year
268 daysHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated June 2026
Safety
Safety Score
100 / 100High confidence
FBI Crime Data Explorer · Updated June 2026
Walkability
Walk Score (proxy)
2.3 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Transit Score (proxy)
1.1 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Demographics
Population
18,266High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Age
46.9High confidence
U.S. Census ACS 5-Year · Updated June 2026
Age 65+
24.6%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Household Income
$105,377High confidence
U.S. Census ACS 5-Year · Updated June 2026
Community Profile
Owner-Occupied Housing
83.1%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Veterans
10.0%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Bachelor's Degree+
33.7%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Poverty Rate
3.7%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Diversity
White
94.7%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Black
0.4%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Hispanic/Latino
1.8%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Asian
1.1%High confidence
U.S. Census ACS 5-Year · Updated June 2026
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Somerset using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$800
Stress-case monthly carrying cost
$898
Median home price used: $369,000
Median rent reference: $1,307 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.