Real Estate Prices and Overview
Lake Dr SE / Fuller Ave SE median real estate prices are $141,637, which is more expensive than 65.5% of the neighborhoods
in Michigan and 42.4% of the
neighborhoods in the U.S.
Average rental prices in Lake Dr SE / Fuller Ave SE are currently
$710, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 48.6% 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 21.1%.
This is higher than the rate of vacancies in 86.5% 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
The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Diversity
Did you know that the Lake Dr SE / Fuller Ave SE neighborhood has more
Dutch and Finnish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 10.6% of
this neighborhood's residents have Dutch ancestry and 0.9% have Finnish 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, an extraordinary 18.3% of the residents of the
Lake Dr SE / Fuller Ave SE neighborhood are currently enrolled in college. This is
such a large part of life in this neighborhood that the neighborhood changes
a great deal with the change of semesters and is far quieter during
the summer when many students are away.
Also, of note, 61.6% of the children in this area
live in poverty; an extraordinarily high percentage compared to other
neighborhoods in the nation. In a nation where approximately one in
four children grows up in poverty, this neighborhood stands out for
the depth of the problem manifested here.
Finally, 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 9%
of college-friendly places to live in MI.
Notable & Unique: Migration/Stability
Some neighborhoods have more internal cohesiveness than others. While other
neighborhoods feel like a collection of strangers who just happen to live
near each other. Sometimes this comes down to not only the personalities
of the people in a place, but how long people have been together in that
neighborhood. NeighborhoodScout's research has revealed some interesting
things about the rootedness of people in the Lake Dr SE / Fuller Ave SE
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 96.5% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
Notable & Unique: Modes of Transportation
If your dream is to be able to ride your bike to work each day, look no
further than this unique neighborhood. With 3.7% of residents in
the Lake Dr SE / Fuller Ave SE neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
96.1% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
Also, a unique way of commuting is simply not to. And in the Lake Dr SE / Fuller Ave SE
neighborhood, analysis shows that 11.5% of the residents work
from home, avoiding a commute altogether. This may not seem like a large number,
but it is a higher proportion of people working from home than is found in
95.7% of the neighborhoods in the United States.
One thing NeighborhoodScout's research reveals is that the wealthier and/or
more isolated the neighborhood, the greater the proportion of residents who
choose to work from home.
Notable & Unique: Real Estate
Even if you drive or take transit to your place of employment, many
people enjoy being able to walk in their neighborhood. What many people
don't realize is that most of America's premier vacation locations are
also very walkable. The Lake Dr SE / Fuller Ave SE neighborhood is among
the top 5% of American neighborhoods in terms of walkability.
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, 41.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.7% 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: 82.3% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.6% of the neighborhoods in the United States.
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 Lake Dr SE / Fuller Ave SE neighborhood in Grand Rapids are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 84.0% of U.S. neighborhoods.
With 61.6% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 95.9%
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, 43.8%
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 29.8% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(13.8%), and 12.6% in clerical, assistant, and tech support occupations.
The Neighbors: 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 Lake Dr SE / Fuller Ave SE neighborhood in Grand Rapids, MI, residents
most commonly identify their ethnicity or ancestry as German
(12.1%). There are also a number of people of Dutch ancestry (10.6%) , and residents who report Irish roots (6.7%) , and some of the residents are also of Polish ancestry (6.5%) , along with some Mexican ancestry residents (5.7%), among others.
The Neighbors: Languages
The most common language spoken in the Lake Dr SE / Fuller Ave SE
neighborhood is English, spoken by 95.4% of households. Some people also speak Spanish (2.9%).
Getting to Work
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 Lake Dr SE / Fuller Ave SE neighborhood spend
between 15 and 30 minutes commuting one-way to work (56.5% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (72.1%) 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 (11.2%) and 7.2% 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.