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Real Estate Prices & Overview

Oakbrook / Lakeside median real estate price is $627,640, which is more expensive than 95.4% of the neighborhoods in Louisiana and 75.6% of the neighborhoods in the U.S.

The average rental price in Oakbrook / Lakeside is currently $1,908, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.9% 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 27.7%. This is higher than the rate of vacancies in 93.6% 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.

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 get around.

Occupations

The Oakbrook / Lakeside neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 97.9% of the neighborhoods in America. In fact, 75.6% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

People

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.

In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 75.3% of the adults living in the Oakbrook / Lakeside neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 96.2% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Modes of Transportation

While most Americans do drive to work alone each day, the Oakbrook / Lakeside neighborhood stands out by having 89.8% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 96.2% of all American neighborhoods.

Diversity

Did you know that the Oakbrook / Lakeside neighborhood has more French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.7% of this neighborhood's residents have French ancestry.

Oakbrook / Lakeside is also pretty special linguistically. Significantly, 2.5% 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 99.2% 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 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 72.6% of the neighborhoods in America. In addition, 10.0% 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 50.8% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Oakbrook / Lakeside neighborhood, 75.6% 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 12.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.0%), and 5.4% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Oakbrook / Lakeside neighborhood is English, spoken by 94.5% of households. Other important languages spoken here include Langs. of India, Japanese and Vietnamese.

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 Oakbrook / Lakeside neighborhood in Baton Rouge, LA, residents most commonly identify their ethnicity or ancestry as French (14.7%). There are also a number of people of German ancestry (13.3%), and residents who report Irish roots (11.8%), and some of the residents are also of English ancestry (11.8%), along with some Italian ancestry residents (8.6%), among others.

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 Oakbrook / Lakeside neighborhood spend between 15 and 30 minutes commuting one-way to work (47.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (89.8%) 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.


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