Lake Somerset / Raintree is a great place to call home. The neighborhood is well-maintained and features numerous green spaces and a playground for the kids. It’s also conveniently situated near shopping and dining options. If you’re eyeing a suburban community in Lakeland, Florida, Lake Somerset / Raintree should definitely be at the top of your list.
The Lake Somerset / Raintree neighborhood is ideal for those individuals who want to be close to the action but not in the middle of it. The area’s median real estate price is $274,283, which is less costly than 62.5% of neighborhoods across Florida and 56.1% of all United States neighborhoods.
Rents in the Lake Somerset / Raintree community are quite affordable when compared to other parts of Florida. In fact, the current average rental cost ($1,882) is lower than what is seen in 61.4% of neighborhoods throughout the state. This makes the area an excellent choice for those residents who are eyeing a place to call home without breaking the bank.
Lake Somerset / Raintree is a great neighborhood for families or individuals considering a quiet, suburban feel. The homes in this Lakeland, FL area are well-maintained, and the area is predominantly residential, with multiple medium-sized to small single-family homes and apartment complexes/high-rise apartments. Besides, the neighborhood is conveniently situated near schools, shopping, and restaurants.
A mixture of Renters and owners occupy most of the residential real estate in this neighborhood. Additionally, many homes here were established between 1970-1999. Some residences date back to 1940-1969. Consequently, renters and homeowners have many options to choose from when it comes to finding their perfect home in the Lake Somerset / Raintree neighborhood.
Diversity is among the defining characteristics of the Lake Somerset / Raintree neighborhood. This is evident because the neighborhood has more Hungarian and British ancestry individuals residing in it than nearly any community in America. In fact, a significant portion of this neighborhood’s residents has Hungarian (4.4%) and British (4.0%) ancestry. In addition to Hungarian and British ancestry residents, this neighborhood is also home to people of Italian, Irish, Polish, and German ancestry. This diversity is among the things that make the Lake Somerset / Raintree neighborhood such a special place to live.
The residents of the Lake Somerset / Raintree neighborhood are middle-income earners, making it a moderate-income community. This Lakeland area has a higher income than 52.8% of neighborhoods across America. The people who reside in this suburban neighborhood tend to be well-educated and have good jobs.
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