Summit Lake median real estate price is $265,337, which is more expensive than 40.3% of the neighborhoods in Wisconsin and 32.8% of the neighborhoods in the U.S.
The average rental price in Summit Lake is currently $916, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.8% of Wisconsin neighborhoods.
Summit Lake is a remote neighborhood (based on population density) located in Elcho, Wisconsin.
Summit Lake real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Summit Lake neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Summit Lake. The current real estate vacancy rate here is 56.6%. This is higher than the rate of vacancies in 99.1% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (50.3%). 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.
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.
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 9 residents per square mile, Summit Lake is less crowded than 97.2% of all U.S. neighborhoods. One of the notable things about Summit Lake is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 56.6% of the residential real estate vacant, the Summit Lake neighborhood claims the distinction of having a higher vacancy rate than 99.1% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
Did you know that the Summit Lake neighborhood has more German and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 45.7% of this neighborhood's residents have German ancestry and 14.0% have Polish ancestry.
Summit Lake is also pretty special linguistically. Significantly, 12.6% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 98.9% 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 Summit Lake neighborhood in Elcho are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.7% of U.S. neighborhoods. With 36.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.5% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Summit Lake neighborhood, 27.9% 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 24.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.2%), and 22.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the Summit Lake neighborhood is English, spoken by 99.3% of households. Some people also speak Polish (12.6%).
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 Summit Lake neighborhood in Elcho, WI, residents most commonly identify their ethnicity or ancestry as German (45.7%). There are also a number of people of Polish ancestry (14.0%), and residents who report Irish roots (11.3%), and some of the residents are also of English ancestry (7.9%), along with some French ancestry residents (4.3%), 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 Summit Lake neighborhood spend under 15 minutes commuting one-way to work (33.3% of working residents), one of the shortest commutes across America.
Here most residents (77.6%) 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 (13.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.