Lake Worth Corridor East median real estate price is $402,434, which is more expensive than 46.8% of the neighborhoods in Florida and 53.7% of the neighborhoods in the U.S.
The average rental price in Lake Worth Corridor East is currently $2,816, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.0% of the neighborhoods in Florida.
Lake Worth Corridor East is an urban neighborhood (based on population density) located in Lake Worth Beach, Florida.
Lake Worth Corridor East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Lake Worth Corridor East 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.
Real estate vacancies in Lake Worth Corridor East are 3.6%, which is lower than one will find in 75.2% of American neighborhoods. Demand for real estate in Lake Worth Corridor East is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Lake Worth Beach, the Lake Worth Corridor East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In the Lake Worth Corridor East neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 34.8% of commuters carpool here, which is more than in 99.5% 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 Lake Worth Corridor East neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.1% of all American neighborhoods.
Single parenting is hard. But you don't have to tell the Lake Worth Corridor East neighborhood about it; they already know. 19.6% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.8% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
In addition, with a nice mix of college students, safety from crime, and decent walkability, the Lake Worth Corridor East neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.8% of the neighborhoods in FL. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Renter-occupied real estate is dominant in the Lake Worth Corridor East neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 89.3%, which is higher than 96.6% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Lake Worth Corridor East neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 30.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.0% of America's neighborhoods.
Did you know that the Lake Worth Corridor East neighborhood has more Haitian and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.5% of this neighborhood's residents have Haitian ancestry and 6.6% have Cuban ancestry.
Lake Worth Corridor East is also pretty special linguistically. Significantly, 24.5% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.8% 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 Lake Worth Corridor East neighborhood. What is interesting to note, is that the Lake Worth Corridor East neighborhood has a greater percentage of residents born in another country (56.6%) than are found in 98.8% of all U.S. neighborhoods.
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 Lake Worth Corridor East neighborhood in Lake Worth Beach are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.0% of U.S. neighborhoods. With 25.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.8% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Lake Worth Corridor East neighborhood, 40.3% 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 manufacturing and laborer occupations, with 31.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.5%), and 10.1% 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 Lake Worth Corridor East neighborhood is Spanish, spoken by 53.0% of households. Other important languages spoken here include French and English.
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 Lake Worth Corridor East neighborhood in Lake Worth Beach, FL, residents most commonly identify their ethnicity or ancestry as Mexican (22.8%). There are also a number of people of Haitian ancestry (21.5%), and residents who report Cuban roots (6.6%), and some of the residents are also of Puerto Rican ancestry (3.6%), along with some South American ancestry residents (3.4%), among others. In addition, 56.6% of the residents of this neighborhood were born in another country.
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 Lake Worth Corridor East neighborhood spend between 15 and 30 minutes commuting one-way to work (34.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (54.3%) 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 (34.8%) and 7.3% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.