Top Industries in Somerset
Somerset is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Somerset include:
Manufacturing
Manufacturing remains a cornerstone of Somerset's economy, with a focus on automotive parts and machinery production.
Range: $40-$90k
Growth rate: 5%
Healthcare
The healthcare sector in Somerset is expanding, with increasing demand for medical professionals and support staff.
Range: $50-$120k
Growth rate: 7%
Retail
Retail continues to thrive in Somerset, with new shopping centers and local businesses contributing to job creation.
Range: $30-$70k
Growth rate: 4%
Some job openings:Walmart is hiring: Store Manager, Sales Associate
Kroger is hiring: Cashier, Department Manager
Renewable Energy
Renewable energy is an emerging sector in Somerset, with projects focusing on solar and wind energy.
Range: $60-$130k
Growth rate: 10%
Technology
The technology sector is gradually gaining traction in Somerset, with startups and tech firms exploring new opportunities.
Range: $70-$150k
Growth rate: 8%
Employment Trends and Growth Rates
Somerset is witnessing a positive trend in employment, with a notable increase in job opportunities across various sectors.
The city's job growth rate is projected to outpace the national average, driven by investments in manufacturing and healthcare.
Income inequality remains a concern, with efforts underway to address disparities through education and workforce development programs.
Job Market for Remote and Freelance Workers in Somerset
Remote work is becoming increasingly popular in Somerset, with approximately 30% of the workforce engaged in remote roles.
Local companies in tech and marketing are offering flexible work arrangements, contributing to the rise in remote job opportunities.
City-specific job boards and networking events are facilitating connections between remote job seekers and employers.
Job Resources and Networking
Somerset offers a variety of job resources, including local job boards like SomersetJobs.com and career fairs hosted by the Chamber of Commerce.
Networking events and workshops are regularly held at the Somerset Community College, providing valuable opportunities for job seekers.
Entrepreneurial hubs such as the Somerset Innovation Center support startups and small businesses in the region.
Property Prices Rankings
The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Full Property Prices Rankings