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Real Estate Prices & Overview

Lakeside median real estate price is $215,441, which is more expensive than 38.5% of the neighborhoods in Michigan and 24.0% of the neighborhoods in the U.S.

The average rental price in Lakeside is currently $1,192, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.9% of Michigan neighborhoods.

Lakeside is a suburban neighborhood (based on population density) located in Harrison Township, Michigan.

Lakeside 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lakeside 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 Lakeside are 3.2%, which is lower than one will find in 79.0% of American neighborhoods. Demand for real estate in Lakeside 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.

Notable & Unique Neighborhood Characteristics

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.

People

Astoundingly, the Lakeside neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 97.0% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Harrison Township neighborhood.

Modes of Transportation

Our research shows that more people carpool to work here in the Lakeside (24.0%) than in 96.5% of the neighborhoods in America.

Diversity

Did you know that the Lakeside neighborhood has more Polish and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.3% of this neighborhood's residents have Polish ancestry and 3.8% have Hungarian ancestry.

Lakeside is also pretty special linguistically. Significantly, 9.1% 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 97.5% of the neighborhoods in America.

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 Lakeside neighborhood in Harrison Township are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.4% of U.S. neighborhoods. In addition, 3.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 68.1% of America'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 Lakeside neighborhood, 36.9% 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 34.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.2%), and 12.8% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Lakeside neighborhood is English, spoken by 97.4% of households. Some people also speak Italian (9.1%).

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 Lakeside neighborhood in Harrison Township, MI, residents most commonly identify their ethnicity or ancestry as German (20.1%). There are also a number of people of Polish ancestry (19.3%), and residents who report Italian roots (7.0%), and some of the residents are also of French ancestry (6.5%), along with some Irish ancestry residents (5.4%), among others.

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 Lakeside neighborhood spend between 15 and 30 minutes commuting one-way to work (36.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (64.1%) 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 (24.0%) . 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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