Lakewood Acres / Oakwood Acres median real estate price is $224,783, which is less expensive than 85.7% of Florida neighborhoods and 74.3% of all U.S. neighborhoods.
The average rental price in Lakewood Acres / Oakwood Acres is currently $1,833, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.9% of Florida neighborhoods.
Lakewood Acres / Oakwood Acres is a rural neighborhood (based on population density) located in Hudson, Florida.
Lakewood Acres / Oakwood Acres 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 owner occupied. Many of the residences in the Lakewood Acres / Oakwood Acres 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.
Lakewood Acres / Oakwood Acres has a 12.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
The real estate in this neighborhood consists of more mobile homes than 98.9% of all neighborhoods in America, with 48.7% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
Of note, 57.7% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
Did you know that the Lakewood Acres / Oakwood Acres neighborhood has more Eastern European and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.8% of this neighborhood's residents have Eastern European ancestry and 1.9% have Swiss ancestry.
Lakewood Acres / Oakwood Acres is also pretty special linguistically. Significantly, 7.6% 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 96.5% of the neighborhoods in America.
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 Lakewood Acres / Oakwood Acres neighborhood in Hudson are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.1% of U.S. neighborhoods. With 57.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.3% 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 Lakewood Acres / Oakwood Acres neighborhood, 32.2% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.4%), and 14.4% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Lakewood Acres / Oakwood Acres neighborhood is English, spoken by 90.9% of households. Other important languages spoken here include Italian, Spanish and Polish.
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 Lakewood Acres / Oakwood Acres neighborhood in Hudson, FL, residents most commonly identify their ethnicity or ancestry as Irish (14.8%). There are also a number of people of German ancestry (14.3%), and residents who report Mexican roots (10.3%), and some of the residents are also of Italian ancestry (9.6%), along with some English ancestry residents (9.4%), 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 Lakewood Acres / Oakwood Acres neighborhood spend between 45 minutes and one hour commuting one-way to work (34.5% of working residents), longer and tougher than most commutes in America.
Here most residents (73.8%) 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 (10.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.