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Real Estate Prices & Overview

Lake Lucerne median real estate price is $574,460, which is more expensive than 70.0% of the neighborhoods in Florida and 72.3% of the neighborhoods in the U.S.

The average rental price in Lake Lucerne is currently $2,733, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.8% of Florida neighborhoods.

Lake Lucerne is an urban neighborhood (based on population density) located in Miami Gardens, Florida.

Lake Lucerne 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 renter occupied. Many of the residences in the Lake Lucerne neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Real estate vacancies in Lake Lucerne are 5.0%, which is lower than one will find in 66.5% of American neighborhoods. Demand for real estate in Lake Lucerne 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

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 Miami Gardens, the Lake Lucerne neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Lake Lucerne neighborhood has more Arab and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.0% of this neighborhood's residents have Arab ancestry and 21.0% have Haitian ancestry.

Lake Lucerne is also pretty special linguistically. Significantly, 24.3% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.8% 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 Lake Lucerne neighborhood in Miami Gardens are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.3% of U.S. neighborhoods. With 44.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.5% 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 Lake Lucerne neighborhood, 35.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.3%), and 12.2% in executive, management, and professional occupations.

Languages

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 Lake Lucerne neighborhood is English, spoken by 53.1% of households. Other important languages spoken here include French, Spanish and Arabic.

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 Lucerne neighborhood in Miami Gardens, FL, residents most commonly identify their ethnicity or ancestry as Haitian (21.0%). There are also a number of people of Arab ancestry (16.0%), and residents who report Jamaican roots (4.9%), and some of the residents are also of Cuban ancestry (4.7%), along with some Sub-Saharan African ancestry residents (4.4%), among others. In addition, 32.5% of the residents of this neighborhood were born in another country.

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 Lake Lucerne neighborhood spend between 30 and 45 minutes commuting one-way to work (40.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (83.3%) drive alone in a private automobile to get to work. 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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