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Summit Ridge (Tract 054117)

Wake, North Carolina

FIPS 37183054117

Juniper

Summit Ridge (Tract 054117) is in the lowest 17% nationally for FEMA risk score. It also sits in the highest 29% nationally for median rent. And it sits in the highest 33% nationally for median income.

Median Income

$93,170

Higher than 67% of U.S. tracts
Home Price vs Incomeyears of income to buy a typical home

3.42×

Lower than 58% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

17.4

Lower than 83% of U.S. tracts

The basics

Total Population

5,917

Median Age

38.6

Population Density

4,809.88

Home values & property tax

Median Property Tax

$2,507

Property Tax Rateyearly tax as a share of home value

0.79%

Cost of living & affordability

Median Rent

$1,739

Higher than 71% of U.S. tracts

Home prices & appreciation

Pandemic Price Run-Up2019–20 low → 2022–23 peak

44%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

17%

Climate & weather

Summer Avg High (°F)

88.8

Winter Avg Low (°F)

33.2

Avg Temperature (°F)

61.1

Hot Days/yr (>90°F)

47.3

Freezing Days/yr (<32°F)

57.1

Annual Precipitation (in)

49.5

Annual Snowfall (in)

4.5

Flood & disaster risk

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

17.4

Lower than 83% of U.S. tracts

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Summit Ridge (Tract 054117): frequently asked questions

How much is property tax in Summit Ridge (Tract 054117)?
The median annual property tax in Summit Ridge (Tract 054117) is $2,507, an effective rate of 0.79% of home value.
Is Summit Ridge (Tract 054117) expensive to live in?
Homes in Summit Ridge (Tract 054117) cost about 3.42× the median household income, lower than 58% of U.S. tracts.
What is the average rent in Summit Ridge (Tract 054117)?
The median gross rent in Summit Ridge (Tract 054117) is $1,739 a month, higher than 71% of U.S. tracts.
How many people live in Summit Ridge (Tract 054117)?
Summit Ridge (Tract 054117) has a population of 5,917, about 4,809.88 people per square mile, per the U.S. Census American Community Survey. The median age is 38.6.
What is the weather like in Summit Ridge (Tract 054117)?
Summit Ridge (Tract 054117) averages 61.1°F year-round, summer highs near 88.8°F, winter lows around 33.2°F (NOAA 1991–2020 normals). It sees about 4.5 inches of snow a year.
Is Summit Ridge (Tract 054117) at risk of flooding or natural disasters?
Summit Ridge (Tract 054117)'s FEMA National Risk Index score is 17.4 (lower than 83% of U.S. tracts). Its greatest modeled natural hazard is inland flooding.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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