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Real Estate Prices & Overview

Median real estate price in the City Center of Lauderdale Lakes is $402,996, which is more expensive than 44.7% of the neighborhoods in Florida and 54.9% of the neighborhoods in the U.S.

The average rental price in Lauderdale Lakes City Center is currently $2,940, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.0% of the neighborhoods in Florida.

Lauderdale Lakes City Center is a densely urban neighborhood (based on population density) located in Lauderdale Lakes, Florida.

Real estate in the City Center of Lauderdale Lakes, FL is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Lauderdale Lakes City Center. The current real estate vacancy rate here is 17.0%. This is higher than the rate of vacancies in 82.1% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (12.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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 Lauderdale Lakes, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

There are more people living in the Lauderdale Lakes City Center neighborhood employed as sales and service workers (53.0%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (12.2% ride the bus) than 96.1% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, in the Lauderdale Lakes City Center neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 22.2% of commuters carpool here, which is more than in 95.2% of all U.S. neighborhoods.

People

NeighborhoodScout's exclusive research revealed that 93.3% of the adult residents in the Lauderdale Lakes City Center neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.5% of the neighborhoods in America.

Real Estate

One of the really unique and interesting things about the look and setting of the Lauderdale Lakes City Center neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 71.2% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.2% of all neighborhoods in America.

Diversity

Did you know that the Lauderdale Lakes City Center neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.6% of this neighborhood's residents have Haitian ancestry and 18.4% have Jamaican ancestry.

Lauderdale Lakes City Center is also pretty special linguistically. Significantly, 34.3% 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 99.9% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Lauderdale Lakes City Center neighborhood has a greater percentage of residents born in another country (42.7%) than are found in 95.2% of all U.S. neighborhoods.

The Neighbors

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 City Center neighborhood in Lauderdale Lakes are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.0% of U.S. neighborhoods. With 15.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.6% 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 Lauderdale Lakes City Center neighborhood, 47.0% 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 30.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.9%), and 10.4% in executive, management, and professional occupations.

Languages

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 Lauderdale Lakes City Center neighborhood is English, spoken by 54.0% of households. Other important languages spoken here include French, Vietnamese and Spanish.

Ethnicity / Ancestry

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 City Center neighborhood in Lauderdale Lakes, FL, residents most commonly identify their ethnicity or ancestry as Haitian (24.6%). There are also a number of people of Jamaican ancestry (18.4%), and residents who report Asian roots (5.6%), and some of the residents are also of South American ancestry (1.9%), along with some Italian ancestry residents (1.6%), among others. In addition, 42.7% of the residents of this neighborhood were born in another country.

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 Lauderdale Lakes City Center neighborhood spend between 15 and 30 minutes commuting one-way to work (41.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (60.7%) 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 (22.2%) and 12.2% 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.


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