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Real Estate Prices & Overview

Lake Pocotopaug median real estate price is $420,355, which is more expensive than 46.3% of the neighborhoods in Connecticut and 56.9% of the neighborhoods in the U.S.

The average rental price in Lake Pocotopaug is currently $2,362, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.2% of Connecticut neighborhoods.

Lake Pocotopaug is a rural neighborhood (based on population density) located in East Hampton, Connecticut.

Lake Pocotopaug real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Lake Pocotopaug neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Lake Pocotopaug has a 11.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Diversity

Did you know that the Lake Pocotopaug neighborhood has more French Canadian and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have French Canadian ancestry and 9.1% have Puerto Rican ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Lake Pocotopaug neighborhood in East Hampton are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 79.5% of the neighborhoods in America. In addition, 5.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 63.7% of America'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 Lake Pocotopaug neighborhood, 46.9% 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 22.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.5%), and 10.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lake Pocotopaug neighborhood is English, spoken by 91.7% of households. Some people also speak Spanish (3.7%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Lake Pocotopaug neighborhood in East Hampton, CT, residents most commonly identify their ethnicity or ancestry as Italian (17.1%). There are also a number of people of English ancestry (12.8%), and residents who report Irish roots (12.6%), and some of the residents are also of Puerto Rican ancestry (9.1%), along with some German ancestry residents (7.9%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Lake Pocotopaug neighborhood spend between 30 and 45 minutes commuting one-way to work (31.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (84.8%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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