Oakbrook / Lakeside median real estate price is $590,482, which is more expensive than 96.6% of the neighborhoods in Louisiana and 79.0% of the neighborhoods in the U.S.
The average rental price in Oakbrook / Lakeside is currently $1,839, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.6% of the neighborhoods in Louisiana.
Oakbrook / Lakeside is a suburban neighborhood (based on population density) located in Baton Rouge, Louisiana.
Oakbrook / Lakeside real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Oakbrook / Lakeside neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Oakbrook / Lakeside. The current real estate vacancy rate here is 24.9%. This is higher than the rate of vacancies in 91.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. 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.
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.
Of note is NeighborhoodScout's research finding that the Oakbrook / Lakeside neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Oakbrook / Lakeside community truly stands out from the rest in this regard.
In addition, a majority of the adults in the Oakbrook / Lakeside neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Louisiana by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.9% of the neighborhoods in Louisiana. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for active retirees.
Also, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Oakbrook / Lakeside neighborhood, where 35.1% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.1% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 95.2% of the neighborhoods in America.
Executives, managers and professionals make up 72.5% of the workforce in the Oakbrook / Lakeside neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.1% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Furthermore, with 1.4% of employed workers living in the Oakbrook / Lakeside neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.3% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Our research reveals that 91.6% of commuters who live in the Oakbrook / Lakeside neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 97.0% of U.S. neighborhoods.
Did you know that the Oakbrook / Lakeside neighborhood has more French and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.6% of this neighborhood's residents have French ancestry and 1.0% have Finnish ancestry.
Oakbrook / Lakeside is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.
There are two complementary 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 Oakbrook / Lakeside neighborhood in Baton Rouge are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.2% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Oakbrook / Lakeside neighborhood, 72.5% 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 18.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (6.5%), and 3.1% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Oakbrook / Lakeside neighborhood is English, spoken by 96.9% of households. Some people also speak Langs. of India (2.6%).
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 Oakbrook / Lakeside neighborhood in Baton Rouge, LA, residents most commonly identify their ethnicity or ancestry as German (14.1%). There are also a number of people of Irish ancestry (10.3%), and residents who report English roots (9.3%), and some of the residents are also of French ancestry (7.6%), along with some Italian ancestry residents (7.1%), among others.
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 Oakbrook / Lakeside neighborhood spend between 15 and 30 minutes commuting one-way to work (49.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (91.6%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.