Real Estate Prices and Overview
Fernan Lake Village median real estate prices are $311,099, which is more expensive than 95.6% of the neighborhoods
in Idaho and 79.2% of the
neighborhoods in the U.S.
Average rental prices in Fernan Lake Village are currently
$748, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 48.5% of Idaho neighborhoods.
Fernan Lake Village is a rural neighborhood (based on population
density) located in Coeur d'Alene, Idaho.
Fernan Lake Village real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is owner occupied. Many of
the residences in the Fernan Lake Village neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 9.6% in
Fernan Lake Village. NeighborhoodScout analysis shows that this rate is lower
than 48.5% 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 Coeur d'Alene,
the Fernan Lake Village neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Fernan Lake Village neighborhood has more
Norwegian and Yugoslav ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 5.4% of
this neighborhood's residents have Norwegian ancestry and 0.4% have Yugoslav ancestry.
The Neighbors: Income
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 Fernan Lake Village neighborhood in Coeur d'Alene are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 71.5% of the neighborhoods in America.
In addition, 4.0% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 78.8%
of America's neighborhoods.
The Neighbors: Occupations
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 Fernan Lake Village neighborhood, 39.4%
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 31.7% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(15.4%), and 13.6% in clerical, assistant, and tech support occupations.
The Neighbors: 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 Fernan Lake Village neighborhood in Coeur d'Alene, ID, residents
most commonly identify their ethnicity or ancestry as German
(19.6%). There are also a number of people of Irish ancestry (11.9%) , and residents who report English roots (9.8%) , and some of the residents are also of Norwegian ancestry (5.4%) , along with some Italian ancestry residents (2.7%), among others.
The Neighbors: Languages
The most common language spoken in the Fernan Lake Village
neighborhood is English, spoken by 96.1% of households.
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 Fernan Lake Village neighborhood spend
under 15 minutes commuting one-way to work (42.4% of working
residents), one of the shortest commutes across America.
Here most residents (88.3%) 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 (9.9%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.