Popular real estate near Grand Rapids, MI (Lake Dr SE / Fuller Ave SE)
Lake Dr SE / Fuller Ave SE median real estate prices are $138,133, which is more expensive than 63.8% of the neighborhoods in Michigan and 41.7% of the neighborhoods in the U.S.
Average rental prices in Lake Dr SE / Fuller Ave SE are currently $676, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 41.5% of Michigan neighborhoods.
Lake Dr SE / Fuller Ave SE is an urban neighborhood (based on population density) located in Grand Rapids, Michigan.
Lake Dr SE / Fuller Ave SE real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Lake Dr SE / Fuller Ave SE neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Lake Dr SE / Fuller Ave SE. The current real estate vacancy rate here is 23.8%. This is higher than the rate of vacancies in 89.8% of all U.S. neighborhoods. This can sometimes be the case in neighborhoods dominated by seasonal homes (such as 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. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually 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.Notable & Unique: Diversity
Did you know that the Lake Dr SE / Fuller Ave SE neighborhood has more Dutch and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.0% of this neighborhood's residents have Dutch ancestry and 0.8% have Belgian ancestry.Notable & Unique: People
Lake Dr SE / Fuller Ave SE has the amazing distinction of housing more same sex couples living together than 97.5% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
In addition, neighborhoodScout's analysis shows that the Lake Dr SE / Fuller Ave SE neighborhood has a greater concentration of residents currently enrolled in college than 97.4% of the neighborhoods in the U.S. With 19.6% of the population here attending college, this is very much a college-focused neighborhood.
Also, the Lake Dr SE / Fuller Ave SE neighborhood stands out within Michigan for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 10% of college-friendly places to live in MI.Notable & Unique: Migration/Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Lake Dr SE / Fuller Ave SE neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.Notable & Unique: Real Estate
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Lake Dr SE / Fuller Ave SE neighborhood is one of the most walkable neighborhoods in America.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Lake Dr SE / Fuller Ave SE neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 43.5% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.9% of America's neighborhoods.
Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Lake Dr SE / Fuller Ave SE neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 85.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.7% of the neighborhoods in the United States.The Neighbors The Neighbors: Income
There are two complimentary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Lake Dr SE / Fuller Ave SE neighborhood in Grand Rapids are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.7% of U.S. neighborhoods. With 36.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.7% of U.S. neighborhoods.The Neighbors: Occupations
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 shear diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations. In the Lake Dr SE / Fuller Ave SE neighborhood, 35.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 32.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.2%), and 13.1% in clerical, assistant, and tech support occupations.The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today. In the Lake Dr SE / Fuller Ave SE neighborhood in Grand Rapids, MI, residents most commonly identify their ethnicity or ancestry as German (11.5%). There are also a number of people of Dutch ancestry (8.0%) , and residents who report Mexican roots (5.7%) , and some of the residents are also of Irish ancestry (5.5%) , along with some English ancestry residents (5.3%), among others.The Neighbors: Languages
The most common language spoken in the Lake Dr SE / Fuller Ave SE neighborhood is English, spoken by 90.9% of households. Some people also speak Spanish (6.6%).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 Dr SE / Fuller Ave SE neighborhood spend between 15 and 30 minutes commuting one-way to work (53.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (76.0%) 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 (12.5%) and 7.4% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
|MEDIAN HOUSE VALUE||$138,133|
HOUSE VALUE RANGE
|RENTAL PRICE||Medium cost relative to MI, medium cost relative to the nation|
|NEIGHBORHOOD LOOK, FEEL, & CHARACTER||DETAILS|
|THE SETTING||Urban (based on population density)|
|TYPE OF HOMES / DWELLINGS||Mostly Small apartment buildings, some Single-family homes, some Complexes/high rise apartments and a few Rowhouses & attached homes|
|SIZE OF HOMES / DWELLINGS||Mostly Small dwellings (1, 2, or no bedrooms), some Medium-sized dwellings (3 or 4 bedrooms) and a few Large dwellings (4 or 5 bedrooms)|
|AGE OF HOMES / DWELLINGS||Mostly Historic homes (Built 1939 or earlier) and some Well established older homes (Built 1940 - 1969)|
|SPECIAL CHARACTER||Mostly Hip & Trendy and Walkable|
|AGE & LIFESTYLE||Mostly Young singles-upwardly mobile (young, educated, professionally employed, and single), some College students (people currently attending college), some Mixed ages and some Families with children (family households with school-aged children)|
|EDUCATION LEVEL||Rating: 8 (5 is average for the U.S., 10 is most educated)|
|INCOME||Low income (among the 15% lowest income communities in America)|
|OCCUPATIONS||Mostly Executive, managerial & professional, some Sales & Service workers, some Manufacturing & Laborers and some Clerical, assistants & technical support|
|ETHNICITY / ANCESTRY||Mostly White (non-Hispanic), some Black, some Hispanic, some Mexican, some Irish ancestry, some Italian ancestry, some East Asian and some Puerto Rican|
|LANGUAGES||Mostly English speaking and some Spanish speaking|
|SCHOOLS IN THIS NEIGHBORHOOD *||GRADES|
940 BALDWIN ST SE, GRAND RAPIDS, MI 49506
* Depending on where you live in this neighborhood, your children may attend these schools or other schools outside the neighborhood. Always check with your local school department to determine which schools your children may attend based on your specific address and your child's grade-level.
This neighborhood is served by one 1 district.
18,125 Students enrolled in District
READING & MATH
|ETHNIC/RACIAL GROUPS||THIS DISTRICT||THIS STATE|
|WHITE (NON-HISPANIC) (%)||20.2||69.8|
|ASIAN OR PACIFIC ISLANDER (%)||1.1||2.6|
|AMERICAN INDIAN OR NATIVE OF ALASKA (%)||0.8||0.8|
|ECONOMIC GROUPS||THIS DISTRICT||THIS STATE|
|ECONOMICALLY DISADVANTAGED (%)||86.0||45.4|
|FOR THIS DISTRICT||PER STUDENT||TOTAL||% OF TOTAL|
|NEIGHBORHOOD EDUCATIONAL ENVIRONMENT|
|ADULTS IN NEIGHBORHOOD WITH COLLEGE DEGREE OR HIGHER (%)||40.7|
|CHILDREN IN THE NEIGHBORHOOD LIVING IN POVERTY (%)||36.5|
|PERIOD||TOTAL APPRECIATION||AVG. ANNUAL RATE||COMPARED TO MI*||COMPARED TO AMERICA*|
|LAST 10 YEARS|
|LAST 5 YEARS|
|LAST 2 YEARS|
|LAST 12 MONTHS|
|* 10 is highest|
Lake Dr SE / Fuller Ave SE neighborhood appreciation rates are for subscribers only. Grand Rapids, MI appreciation rates (city-wide averages) are open to all visitors.
National Median 3.9
My chances of becoming a victim
in Lake Dr SE / Fuller Ave SE SUBSCRIBE FOR DETAIL
in Grand Rapids 1 in 136
in Michigan 1 in 225
National Median 29.1
My chances of becoming a victim
in Lake Dr SE / Fuller Ave SE SUBSCRIBE FOR DETAIL
in Grand Rapids 1 in 30
in Michigan 1 in 38
Lake Dr SE / Fuller Ave SE neighborhood Crime data are subscription only. Grand Rapids, MI crime rates (city-wide averages) are open to all visitors.
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