Somerville is a city in Massachusetts state in USA with a population of 81175 residents.. The poverty rate of Somerville is 11.3%, which is 19% lower than national average. The typical household in Somerville earns $102311 a year, compared to the national median of $67,500. Nearly 23.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Somerville, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Somerville remained 3%, which is 36% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Somerville, only 65% of adults have a bachelor's degree and 12% have some college but no degree.

Cost of living in Somerville is 158, which is 58% higher than national average. Median home value in Somerville is $709800 , which is 209% higher than national average. While median income in Somerville remained $102311, which is 52% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.