Lady Lake South median real estate price is $325,317, which is less expensive than 68.5% of Florida neighborhoods and 58.3% of all U.S. neighborhoods.
The average rental price in Lady Lake South is currently $2,269, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.0% of Florida neighborhoods.
Lady Lake South is a rural neighborhood (based on population density) located in Lady Lake, Florida.
Lady Lake South 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 occupied by a mixture of owners and renters. Many of the residences in the Lady Lake South 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.
Vacant apartments or homes are a major fact of life in Lady Lake South. The current real estate vacancy rate here is 18.0%. This is higher than the rate of vacancies in 85.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Lady Lake, the Lady Lake South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In the Lady Lake South neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 31.7% of commuters carpool here, which is more than in 99.0% of all U.S. neighborhoods.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Lady Lake South neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.4% of all American neighborhoods.
Did you know that the Lady Lake South neighborhood has more Lebanese and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Lebanese ancestry and 1.3% have Austrian ancestry.
Lady Lake South is also pretty special linguistically. Significantly, 3.2% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 95.0% of the neighborhoods in America.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Lady Lake South neighborhood. In the Lady Lake South neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.4% 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 Lady Lake South neighborhood in Lady Lake are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.4% of U.S. neighborhoods. With 23.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.7% 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 Lady Lake South neighborhood, 38.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 32.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.0%), and 13.8% 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 Lady Lake South neighborhood is English, spoken by 87.0% of households. Other important languages spoken here include Spanish, Langs. of India and Italian.
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 Lady Lake South neighborhood in Lady Lake, FL, residents most commonly identify their ethnicity or ancestry as German (20.5%). There are also a number of people of English ancestry (8.9%), and residents who report Irish roots (8.2%), and some of the residents are also of Asian ancestry (8.0%), along with some Italian ancestry residents (6.3%), 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 Lady Lake South neighborhood spend between 15 and 30 minutes commuting one-way to work (41.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.1%) 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 (31.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.