Spring Lake median real estate price is $232,468, which is more expensive than 54.2% of the neighborhoods in Alabama and 25.3% of the neighborhoods in the U.S.
The average rental price in Spring Lake is currently $2,507, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.2% of the neighborhoods in Alabama.
Spring Lake is a suburban neighborhood (based on population density) located in Birmingham, Alabama.
Spring Lake real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Spring Lake neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 6.7% in Spring Lake. NeighborhoodScout analysis shows that this rate is lower than 52.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
The Spring Lake neighborhood has a greater percentage of children living in poverty (77.1%) than found in 99.2% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
The Spring Lake neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 100.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.9% of all neighborhoods in America.
Our research reveals that 88.2% of commuters who live in the Spring Lake neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 96.2% of U.S. neighborhoods.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Spring Lake neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Spring Lake neighborhood in Birmingham are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.0% of U.S. neighborhoods. With 77.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.2% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Spring Lake neighborhood, 29.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 26.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.4%), and 17.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Spring Lake neighborhood is English, spoken by 98.2% of households. Some people also speak Italian (2.6%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Spring Lake neighborhood in Birmingham, AL, residents most commonly identify their ethnicity or ancestry as English (4.1%). There are also a number of people of Sub-Saharan African ancestry (3.5%), and residents who report African roots (2.8%), and some of the residents are also of Irish ancestry (2.5%).
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 Spring Lake neighborhood spend between 15 and 30 minutes commuting one-way to work (58.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (88.2%) 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 (7.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.