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Real Estate Prices & Overview

Allendale-Lakeside median real estate price is $84,442, which is less expensive than 92.1% of Louisiana neighborhoods and 97.0% of all U.S. neighborhoods.

The average rental price in Allendale-Lakeside is currently $1,427, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.3% of Louisiana neighborhoods.

Allendale-Lakeside is a suburban neighborhood (based on population density) located in Shreveport, Louisiana.

Allendale-Lakeside real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Allendale-Lakeside neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Allendale-Lakeside. The current real estate vacancy rate here is 32.9%. This is higher than the rate of vacancies in 96.4% 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.

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 Shreveport, the Allendale-Lakeside neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the most interesting things about the Allendale-Lakeside neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 69.5% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.6% of the neighborhoods in America.

In addition, the Allendale-Lakeside neighborhood stands out for having an average per capita income lower than 98.6% of the neighborhoods in the United States.

Also, if you're planning where to retire, the Allendale-Lakeside neighborhood in Shreveport is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in LA, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.3% of the neighborhoods in Louisiana. If you are considering retiring to Louisiana, this is a good neighborhood to look at.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Allendale-Lakeside neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 18.9% of its workforce, this neighborhood has a greater concentration of government workers than 98.8% of U.S. neighborhoods.

Modes of Transportation

Our research reveals that 90.4% of commuters who live in the Allendale-Lakeside neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 98.1% of U.S. neighborhoods.

Real Estate

Despite all of the residential real estate here in the Allendale-Lakeside neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 32.9%, which is higher than 96.4% of all U.S. neighborhoods.

Diversity

Did you know that the Allendale-Lakeside neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.0% of this neighborhood's residents have African ancestry and 17.0% have Sub-Saharan African 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 Allendale-Lakeside neighborhood in Shreveport are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.6% of U.S. neighborhoods. With 51.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.8% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Allendale-Lakeside neighborhood, 55.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 21.1% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (18.9%), and 14.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Allendale-Lakeside neighborhood is English, spoken by 100.0% of households.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Allendale-Lakeside neighborhood in Shreveport, LA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (17.0%). There are also a number of people of African ancestry (17.0%).

Getting to Work

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 Allendale-Lakeside neighborhood spend under 15 minutes commuting one-way to work (32.0% of working residents), one of the shortest commutes across America.

Here most residents (90.4%) 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 (9.6%) . 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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