Lake Park / Crestmont Estates
Lake Park / Crestmont Estates is a densely populated urban area in Brea, California.
Lake Park / Crestmont Estates real estate consists mostly of medium to big (four, five, or more bedroom) single-family homes and mobile homes. The majority of residential real estate is owner-occupied. Many of the homes in Lake Park / Crestmont Estates are established but not old, having been built between 1970 and 1999. A number of houses were also constructed between 1940 and 1969.
The current vacancy rate in Lake Park / Crestmont Estates is 3.3%, which is lower than the vacancy rate in 80.7% of all communities in the United States. This means that the housing supply in Lake Park / Crestmont Estates is extremely limited in comparison to the demand for real estate in the area.
The median real estate price in Lake Park / Crestmont Estates is $630,008, which is higher than 42.0% of the neighborhoods in California and 64.8% of the neighborhoods in the United States.
According to NeighborhoodScout’s proprietary study, the average rental price in Lake Park / Crestmont Estates is presently $5,675. The average rental cost in this neighborhood is higher than in 96.6% of California neighborhoods.
Residents in the Lake Park / Crestmont Estates area of Brea, CA, most typically identify as Asian (21.1%). There are also a number of persons with Mexican origin (14.4%), inhabitants with English roots (10.9%), and some residents with German ancestry (9.2%), as well as those with Irish ancestry (8.1%). Furthermore, 17.7% of the people in this community were born in another nation.
People in this neighborhood speak a variety of languages. These are the languages that people prefer to speak when they are at home with their families. English is the most commonly spoken language in the Lake Park / Crestmont Estates area, with 74.7% of families speaking it. Spanish, Korean, and Tagalog are also often spoken here (the first language of the Philippine region).
The Lake Park / Crestmont Estates area in Brea has upper-middle class neighbors, making it an above-average income neighborhood. According to NeighborhoodScout’s unique data, this community has a greater income than 83.0% of all neighborhoods in America. Furthermore, 0.0% of the children seventeen and under in this area are poor, which is a lower rate of childhood poverty than is observed in 100.0% of America’s neighborhoods.
Executive, managerial, and professional occupations employ 47.9% of the working population in the Lake Park / Crestmont Estates community. With 23.9% of the residents employed, sales and service jobs are the second most important occupational group in this neighborhood, ranging from major sales accounts to working in fast food restaurants. Other residents work in administrative, assistant, and tech support occupations (17.5%) and manufacturing and laborer occupations (10.7%).
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