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Real Estate Prices & Overview

Lakeside Highlands / Weeden Heights median real estate price is $155,628, which is less expensive than 68.6% of Alabama neighborhoods and 86.8% of all U.S. neighborhoods.

The average rental price in Lakeside Highlands / Weeden Heights is currently $1,453, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.8% of Alabama neighborhoods.

Lakeside Highlands / Weeden Heights is a suburban neighborhood (based on population density) located in Florence, Alabama.

Lakeside Highlands / Weeden Heights real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lakeside Highlands / Weeden Heights 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 8.8% in Lakeside Highlands / Weeden Heights. NeighborhoodScout analysis shows that this rate is lower than 43.6% 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 Florence, the Lakeside Highlands / Weeden Heights neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research reveals that 90.2% of commuters who live in the Lakeside Highlands / Weeden Heights neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 96.7% of U.S. neighborhoods.

People

Divorcees may find friendship and understanding in this neighborhood, as 20.7% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 96.5% of the neighborhoods in America.

Diversity

Did you know that the Lakeside Highlands / Weeden Heights neighborhood has more Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Greek ancestry.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Lakeside Highlands / Weeden Heights neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Highlands / Weeden Heights neighborhood in Florence are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.6% of U.S. neighborhoods. With 39.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.9% 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 Lakeside Highlands / Weeden Heights neighborhood, 32.8% of the working population is employed in manufacturing and laborer 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 30.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.7%), and 14.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lakeside Highlands / Weeden Heights neighborhood is English, spoken by 86.6% of households. Some people also speak Spanish (12.2%).

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 Lakeside Highlands / Weeden Heights neighborhood in Florence, AL, residents most commonly identify their ethnicity or ancestry as Mexican (12.5%). There are also a number of people of Irish ancestry (11.6%), and residents who report German roots (6.6%), and some of the residents are also of English ancestry (4.1%), along with some Greek ancestry residents (2.3%), among others.

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 Lakeside Highlands / Weeden Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (39.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (90.2%) 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 (5.5%) . 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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