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Real Estate Prices & Overview

Lake George Park / Suwannee Park median real estate price is $406,959, which is more expensive than 46.0% of the neighborhoods in Florida and 55.7% of the neighborhoods in the U.S.

The average rental price in Lake George Park / Suwannee Park is currently $1,635, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.2% of Florida neighborhoods.

Lake George Park / Suwannee Park is a rural neighborhood (based on population density) located in Dade City, Florida.

Lake George Park / Suwannee Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Lake George Park / Suwannee Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.6% in Lake George Park / Suwannee Park. NeighborhoodScout analysis shows that this rate is lower than 55.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Dade City, the Lake George Park / Suwannee Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

An extraordinary 10.8% of the residents of the Lake George Park / Suwannee Park neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Diversity

Did you know that the Lake George Park / Suwannee Park neighborhood has more Swedish and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Swedish ancestry and 2.3% have British ancestry.

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 Lake George Park / Suwannee Park neighborhood in Dade City are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.8% of U.S. neighborhoods. With 16.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.0% 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 Lake George Park / Suwannee Park neighborhood, 32.1% 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 28.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (28.0%), and 10.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lake George Park / Suwannee Park neighborhood is English, spoken by 69.9% of households. Some people also speak Spanish (24.3%).

Ethnicity / Ancestry

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 Lake George Park / Suwannee Park neighborhood in Dade City, FL, residents most commonly identify their ethnicity or ancestry as Mexican (29.4%). There are also a number of people of Italian ancestry (6.5%), and residents who report Puerto Rican roots (5.9%), and some of the residents are also of German ancestry (4.9%), along with some Swedish ancestry residents (4.7%), among others. In addition, 14.2% 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 Lake George Park / Suwannee Park neighborhood spend between 15 and 30 minutes commuting one-way to work (25.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.6%) 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 (18.1%) . 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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