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Real Estate Prices & Overview

Lakeview / Lake Cormorant median real estate price is $283,045, which is more expensive than 78.5% of the neighborhoods in Mississippi and 34.9% of the neighborhoods in the U.S.

The average rental price in Lakeview / Lake Cormorant is currently $1,819, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.9% of the neighborhoods in Mississippi.

Lakeview / Lake Cormorant is a remote neighborhood (based on population density) located in Walls, Mississippi.

Lakeview / Lake Cormorant 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 occupied by a mixture of owners and renters. Many of the residences in the Lakeview / Lake Cormorant 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.

Lakeview / Lake Cormorant has a 14.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.2% 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.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

Single parenting is hard. But you don't have to tell the Lakeview / Lake Cormorant neighborhood about it; they already know. 18.9% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.4% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Real Estate

Unpopulated, and rural, the Lakeview / Lake Cormorant neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 90.6% 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 Lakeview / Lake Cormorant neighborhood in Walls are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.4% of U.S. neighborhoods. With 44.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.0% 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 Lakeview / Lake Cormorant 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 executive, management, and professional occupations, with 32.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.0%), and 15.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lakeview / Lake Cormorant neighborhood is English, spoken by 91.9% of households. Some people also speak Spanish (7.8%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Lakeview / Lake Cormorant neighborhood in Walls, MS, residents most commonly identify their ethnicity or ancestry as English (11.6%). There are also a number of people of Mexican ancestry (6.0%), and residents who report Irish roots (5.4%), and some of the residents are also of German ancestry (5.3%), along with some Sub-Saharan African ancestry residents (3.5%), among others.

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 Lakeview / Lake Cormorant neighborhood spend between 30 and 45 minutes commuting one-way to work (36.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (86.1%) 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 (8.9%) . 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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Economics & Demographics include:
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Race & Ethnic Diversity
Employment Industries & Occupations
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Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
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Schools include:
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