Lakewood Park South is a densely populated urban area in Lakewood, California.
Lakewood Park South real estate consists mostly of medium to big (four, five, or more bedroom) single-family homes and townhomes. The majority of residential real estate is owner-occupied. Many of the homes in the Lakewood Park South neighborhood are older and well-established, having been constructed between 1940 and 1969. A number of houses were also constructed between 1970 and 1999.
Lakewood Park South currently has a vacancy rate of 3.1%, which is lower than 81.6% of all communities in the United States. This means that the housing supply in Lakewood Park South is extremely limited in comparison to the demand for real estate in the area.
Lakewood Park South has a median real estate price of $859,402, which is higher than 62.5% of California communities and 91.3% of US neighborhoods.
According to a study, the average rental price in Lakewood Park South is currently $3,899 per month. The average rental cost in this community is higher than in 77.5% of California neighborhoods.
Mexican (16.7%) is the most frequent ethnicity or ancestry in the Lakewood Park South area in Lakewood, CA. There are also persons of Asian origin (15.4%), residents with German roots (10.6%), and some with Irish ancestry (10.2%), as well as those with English ancestry (10.1%).
English is the most commonly spoken language in the Lakewood Park South area, with 83.3% of families speaking it. Some folks (10.5%) also speak Spanish.
The Lakewood Park South neighborhood in Lakewood has wealthy neighbors, making it one of the 15% wealthiest areas in America. According to data, this community has a greater income than 92.2% of all neighborhoods in America. Furthermore, 9.7% of the children seventeen and under residing in this area are poor, which is a lower proportion of childhood poverty than observed in 53.3% of America’s neighborhoods.
Executive, managerial, and professional occupations employ 44.9% of the working population in the Lakewood Park South neighborhood. With 21.0% of the population 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 manufacturing and laborer jobs (17.6%), and clerical, assistant, and tech support occupations (16.6%).
Did you know that the Lakewood Park South area has more residents of Yugoslav origin than almost any other neighborhood in America? That is correct! In fact, 0.4% of the people in this community are of Yugoslav descent.
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