Median real estate price in the Village Center of Lake Placid is $625,702, which is more expensive than 47.8% of the neighborhoods in New York and 75.5% of the neighborhoods in the U.S.
The average rental price in Lake Placid Village Center is currently $1,069, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.1% of New York neighborhoods.
Lake Placid Village Center is a suburban neighborhood (based on population density) located in Lake Placid, New York.
Real estate in the Village Center of Lake Placid, NY 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 Village Center 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.
Vacant apartments or homes are a major fact of life in Lake Placid Village Center. The current real estate vacancy rate here is 30.3%. This is higher than the rate of vacancies in 94.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (26.1%). 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.
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 Placid, the Village Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the Lake Placid Village Center neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, divorcees may find friendship and understanding in this neighborhood, as 29.2% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.8% of the neighborhoods in America.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Lake Placid Village Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 69.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Did you know that the Lake Placid Village Center neighborhood has more Canadian and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Canadian ancestry and 2.1% have Austrian ancestry.
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 Village Center neighborhood in Lake Placid are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 52.7% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Lake Placid Village Center neighborhood, 46.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.9%), and 6.3% in manufacturing and laborer occupations.
The most common language spoken in the Lake Placid Village Center neighborhood is English, spoken by 90.7% of households. Some people also speak Spanish (6.1%).
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 Village Center neighborhood in Lake Placid, NY, residents most commonly identify their ethnicity or ancestry as Irish (26.6%). There are also a number of people of Italian ancestry (17.5%), and residents who report German roots (13.0%), and some of the residents are also of English ancestry (12.3%), along with some French ancestry residents (4.4%), among others.
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 Placid Village Center neighborhood spend under 15 minutes commuting one-way to work (69.5% of working residents), one of the shortest commutes across America.
Here most residents (81.2%) 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 (5.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.