Lakewood Acres / Oakwood Acres median real estate price is $185,645, which is less expensive than 90.6% of Florida neighborhoods and 82.8% of all U.S. neighborhoods.
The average rental price in Lakewood Acres / Oakwood Acres is currently $1,627, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.8% of Florida neighborhoods.
Lakewood Acres / Oakwood Acres is a rural neighborhood (based on population density) located in Hudson, Florida.
Lakewood Acres / Oakwood Acres real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Lakewood Acres / Oakwood Acres neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Lakewood Acres / Oakwood Acres has a 14.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.5% 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.
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.
The Lakewood Acres / Oakwood Acres neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 52.4% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.2% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.
Divorcees may find friendship and understanding in this neighborhood, as 21.6% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.3% of the neighborhoods in America.
In addition, neighborhoodScout's exclusive research revealed that 93.4% of the adult residents in the Lakewood Acres / Oakwood Acres neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.0% of the neighborhoods in America.
Also, the Lakewood Acres / Oakwood Acres neighborhood stands out for having an average per capita income lower than 96.0% of the neighborhoods in the United States. The Lakewood Acres / Oakwood Acres neighborhood also has a greater percentage of children living in poverty (55.5%) than found in 95.9% 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.
Did you know that the Lakewood Acres / Oakwood Acres neighborhood has more Eastern European and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.1% of this neighborhood's residents have Eastern European ancestry and 1.9% have Armenian ancestry.
Lakewood Acres / Oakwood Acres is also pretty special linguistically. Significantly, 7.6% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 96.5% of the neighborhoods in America.
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 Lakewood Acres / Oakwood Acres neighborhood in Hudson are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.0% of U.S. neighborhoods. With 55.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.9% 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 Lakewood Acres / Oakwood Acres neighborhood, 38.2% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.3%), and 15.3% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Lakewood Acres / Oakwood Acres neighborhood is English, spoken by 96.3% of households. Other important languages spoken here include Italian, Polish and Vietnamese.
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 Lakewood Acres / Oakwood Acres neighborhood in Hudson, FL, residents most commonly identify their ethnicity or ancestry as Irish (16.9%). There are also a number of people of German ancestry (15.0%), and residents who report Italian roots (9.9%), and some of the residents are also of English ancestry (7.7%), along with some Eastern European ancestry residents (6.1%), among others.
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 Lakewood Acres / Oakwood Acres neighborhood spend between 15 and 30 minutes commuting one-way to work (31.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.9%) 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.