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Somerset Place, Raleigh, NC Demographics

  • Total Population45,288
  • Female 21,362
    Male 23,926
  • Median Age31.33

Somerset Place, Raleigh, NC Average Rent

  • Somerset Place, Raleigh, NC Average Rental Price, September, 2016$955/mo
  • Studio$855
  • 1 Bedroom$872
  • 2 Bedrooms$1,090
  • Studio$835
  • 1 Bedroom$913
  • 2 Bedroom$1,041

Somerset Place, Raleigh, NC Apartment Rent Ranges

  • 55%$701-$1,000
  • 44%$1,001-$1,500

Somerset Place, Raleigh, NC Rent Trends

All Rentals Studio 1 Bed 2 Beds
Average Rent September, 2016 $955 $855 $872 $1,090
Jan / 2016 $968 $850 $885 $1,049
Sept / 2015 $950 $850 $865 $1,035
May / 2015 $925 $845 $840 $1,018
Jan / 2015 $890 $780 $820 $1,069
Sept / 2014 $900 $810 $805 $1,017
May / 2014 $885 $775 $841 $989
Jan / 2014 $869 $890 $805 $975
Sept / 2013 $831 $780 $769 $935
May / 2013 $876 $865 $789 $954
Jan / 2013 $820 $800 $755 $910
/

Average rent is projected to grow by 2% in 2016 compared to 2015.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from zip code 27616

Somerset Place, Raleigh, NC Households

  • Total Number of Households16,275
  • Family 11,770
    Non-family 4,506
  • With Children 7,588
    Without Children 8,687
  • Average People Per Household2.77
  • Median Household Income$59,202
  • Median Household Disposable Income$49,163

Somerset Place, Raleigh, NC Crime Rate and Statistics

National Average

Below Average 100 Above Average
Total Crime Risk
51
Assault Risk
20
Automotive Theft Risk
35
Property Crime Risk
52
Rape Risk
63
Robbery Risk
16

Somerset Place, Raleigh, NC Education Statistics

  • 6%No High School
  • 5%Some HighSchool
  • 28%Some College
  • 11%Associate Degree
  • 36%Bachelor Degree
  • 13%Graduate Degree

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