Lakewood Park is an urban neighborhood in Lakewood, California (based on population density).
Lakewood Park real estate consists mostly of medium to small (three or four bedroom) single-family homes and townhomes. The majority of residential real estate is owner-occupied. Many of the homes in the Lakewood Park area 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 currently has a vacancy rate of 1.7%, which is lower than 89.4% of all communities in the United States. This means that the housing supply in Lakewood Park is extremely limited in comparison to the demand for property in the area.
Lakewood Park’s median real estate price is $832,806, making it more expensive than 59.6% of California neighborhoods and 90.6% of US neighborhoods.
According to a study, the average rental price in Lakewood Park is presently $4,267. The average rental cost in this neighborhood is higher than in 84.1% of California neighborhoods.
Residents of the Lakewood Park area in Lakewood, California, most typically identify as Mexican (28.5%). There are also persons with German ancestry (19.5%), residents with English roots (10.8%), and some with Irish ancestry (9.2%), as well as those with Asian ancestry (6.9%), among others. Furthermore, 13.7% of this neighborhood’s citizens were born in another nation.
English is the most commonly spoken language in the Lakewood Park area, with 79.9% of families speaking it. Some folks (12.3%) also speak Spanish.
The Lakewood Park 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 88.2% of all neighborhoods in America. Furthermore, 0.9% of the children seventeen and under in this area are poor, which is lower than the incidence of childhood poverty reported in 80.1% of America’s neighborhoods.
Executive, managerial, and professional occupations employ 45.5% of the working population in the Lakewood Park neighborhood. With 19.8% 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 (17.8%), and clerical, assistant, and tech support occupations (16.5%).
Did you know that the Lakewood Park area contains more residents of Swiss and Russian descent than almost any other neighborhood in America? That is correct! In actuality, 1.4% of this neighborhood’s people are of Swiss descent, while 3.4% are of Russian descent.
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