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Real Estate Prices & Overview

North Lakes East median real estate price is $404,220, which is more expensive than 59.1% of the neighborhoods in Alaska and 58.4% of the neighborhoods in the U.S.

The average rental price in North Lakes East is currently $1,964, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.2% of the neighborhoods in Alaska.

North Lakes East is a rural neighborhood (based on population density) located in Wasilla, Alaska.

North Lakes East real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the North Lakes East 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.

Real estate vacancies in North Lakes East are 4.8%, which is lower than one will find in 67.9% of American neighborhoods. Demand for real estate in North Lakes East is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Wasilla, the North Lakes East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

With 2.3% of employed workers living in the North Lakes East neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 96.7% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

People

The North Lakes East neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 8.5% of family-friendly neighborhoods in the state of Alaska. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools.

Diversity

Did you know that the North Lakes East neighborhood has more Finnish and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Finnish ancestry and 2.6% have Native American ancestry.

North Lakes East is also pretty special linguistically. Significantly, 0.6% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 95.6% 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 North Lakes East neighborhood in Wasilla are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.2% of the neighborhoods in America. In addition, 7.0% 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 58.6% of America'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 North Lakes East 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 manufacturing and laborer occupations, with 28.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.6%), and 16.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the North Lakes East neighborhood is English, spoken by 97.8% of households. Some people also speak Italian (5.1%).

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 North Lakes East neighborhood in Wasilla, AK, residents most commonly identify their ethnicity or ancestry as German (17.2%). There are also a number of people of Irish ancestry (12.5%), and residents who report English roots (7.7%), and some of the residents are also of Italian ancestry (3.8%), along with some Mexican ancestry residents (3.3%), 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 North Lakes East neighborhood spend between 15 and 30 minutes commuting one-way to work (38.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.1%) 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 (9.9%) . 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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Crime includes:
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Schools include:
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