Lakewood Mutual Northeast is a densely populated urban area of Lakewood, California.
Lakewood Mutual Northeast real estate consists mostly of medium to small (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. The majority of residential real estate is occupied by a combination of owners and tenants. Many of the homes in the Lakewood Mutual Northeast area are older and well-established, having been constructed between 1940 and 1969. A number of houses were also constructed between 1970 and 1999.
The current vacancy rate in Lakewood Mutual Northeast is 0.5%, which is lower than the vacancy rate in 93.5% of all communities in the United States. This means that the home supply in Lakewood Mutual Northeast is extremely limited in comparison to the demand for real estate in the area.
Lakewood Mutual Northeast has a median real estate price of $848,566, which is higher than 61.1% of California communities and 91.0% of US neighborhoods.
According to analysis, the average rental price in Lakewood Mutual Northeast is presently $3,651. The average rental cost in this neighborhood is higher than in 72.3% of California neighborhoods.
Residents of the Lakewood Mutual Northeast area of Lakewood, CA, most typically identify as Asian (27.4%). There are also citizens with Mexican origin (24.7%), residents with Italian roots (8.7%), and some with Irish ancestry (5.3%), as well as those with English ancestry (3.4%), among others. Furthermore, 31.8% of the people in this neighborhood 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 Lakewood Mutual Northeast area, with 53.1% of families speaking it. Spanish and Tagalog are two more prominent languages spoken here (the first language of the Philippine region).
The Lakewood Mutual Northeast area in Lakewood has upper-middle income neighbors, making it an above-average income neighborhood. According to data, this community has a greater income than 77.8% of all neighborhoods in America. Furthermore, 4.6% of the children seventeen and under in this neighborhood are poor, which is lower than the incidence of childhood poverty observed in 67.3% of America’s neighborhoods.
Executive, management, and professional occupations employ 36.6% of the working population in the Lakewood Mutual Northeast community. With 23.8% 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 (20.5%), and manufacturing and laborer occupations (17.9%).
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