Lakewood / Lincoln Heights median real estate price is $200,700, which is less expensive than 91.4% of Maryland neighborhoods and 78.9% of all U.S. neighborhoods.
The average rental price in Lakewood / Lincoln Heights is currently $2,135, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.6% of Maryland neighborhoods.
Lakewood / Lincoln Heights is a suburban neighborhood (based on population density) located in Salisbury, Maryland.
Lakewood / Lincoln Heights real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Lakewood / Lincoln Heights neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
Lakewood / Lincoln Heights has a 12.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
NeighborhoodScout's analysis shows that the Lakewood / Lincoln Heights neighborhood has a greater concentration of residents currently enrolled in college than 99.3% of the neighborhoods in the U.S. With 55.7% of the population here attending college, this is very much a college-focused neighborhood.
In addition, one of the unique characteristics of the Lakewood / Lincoln Heights neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.1% of the neighborhoods in America.
95.8% of the real estate in the Lakewood / Lincoln Heights neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Lakewood / Lincoln Heights neighborhood. In the Lakewood / Lincoln Heights neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the Lakewood / Lincoln Heights neighborhood has more Haitian and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.3% of this neighborhood's residents have Haitian ancestry and 1.7% have Austrian ancestry.
Lakewood / Lincoln Heights is also pretty special linguistically. Significantly, 1.4% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 96.3% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Lakewood / Lincoln Heights neighborhood in Salisbury are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.1% of U.S. neighborhoods. In addition, 5.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 63.7% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Lakewood / Lincoln Heights neighborhood, 31.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.4%), and 17.4% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Lakewood / Lincoln Heights neighborhood is English, spoken by 89.9% of households. Other important languages spoken here include French, Spanish and Arabic.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Lakewood / Lincoln Heights neighborhood in Salisbury, MD, residents most commonly identify their ethnicity or ancestry as German (11.8%). There are also a number of people of Irish ancestry (9.6%), and residents who report Haitian roots (9.3%), and some of the residents are also of Italian ancestry (6.4%), along with some English ancestry residents (5.2%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Lakewood / Lincoln Heights neighborhood spend under 15 minutes commuting one-way to work (33.8% of working residents), one of the shortest commutes across America.
Here most residents (82.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (8.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.