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Demographic Analysis of Somerset, Colorado (ZIP 81434): Predominantly White Population with Subtle Racial Shifts
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Somerset, Colorado (ZIP code 81434) is categorized as a "Low Diversity" community with a "White Majority." As of 2022, the white population comprises 91% of the total, with a population of 739 and a median income of $82,432. This small, rural community has experienced demographic and economic shifts over the past decade.
From 2013 to 2022, Somerset has maintained its status as a "Low Diversity" area with a "White Majority." There have been subtle changes within this overall stability. The Native American population increased from 0% in 2013 to 11% in 2020, before decreasing in recent years. The Hispanic population has shown a gradual increase from 2% in 2013 to 5% in 2022. The "Two or More Races" category has fluctuated, peaking at 5% in 2015-2016 before declining to 4% in 2022.
The community has remained predominantly white throughout the decade, never dropping below 76% (in 2017) and rebounding to 91% by 2022. The median income in Somerset has shown significant volatility over the past decade. It increased from $72,318 in 2013 to $85,031 in 2014, then dropped to $56,216 in 2015-2016. From 2017 to 2021, there was a general upward trend, peaking at $104,431 in 2021, before decreasing to $82,432 in 2022.
Population trends have been variable, with a low of 408 in 2015 and a high of 739 in 2022. The highest median income (2021) corresponded with a relatively low population (553), suggesting a possible influx of higher-income residents or economic improvements benefiting a smaller population.
Somerset's demographic stability contrasts with national trends towards increasing diversity. The economic volatility in Somerset may reflect broader rural economic challenges, such as reliance on specific industries or the impact of changing natural resource policies. The recent upward trend in median income, despite fluctuations, aligns with national post-recession recovery patterns.
The community's small size makes it susceptible to demographic and economic shifts caused by individual family movements or changes in local industry. The temporary increase in Native American population could have been due to a single large family or a small group relocating to the area for work opportunities.
Somerset has maintained its overall "Low Diversity" status, but subtle demographic shifts and significant economic fluctuations suggest a community in transition. The interplay between these factors may continue to shape the area's socio-economic landscape in the coming years.
