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 Galpin Blvd / Lake Lucy Rd neighborhood has more
Swedish and Norwegian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 12.2% of
this neighborhood's residents have Swedish ancestry and 20.0% have Norwegian ancestry.
Galpin Blvd / Lake Lucy Rd is also pretty special linguistically. Significantly, 0.3% of its residents five years old and above primarily
speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher
than 95.7% of the neighborhoods in America.
Notable & Unique: People
A majority of the adults in the Galpin Blvd / Lake Lucy Rd 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 Minnesota by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 99.1%
of the neighborhoods in Minnesota.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for urban sophisticates and families with school-aged children.
In addition, wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Galpin Blvd / Lake Lucy Rd neighborhood is wealthier than 96.4%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
sheer amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
Notable & Unique: Real Estate
In addition, one way that the Galpin Blvd / Lake Lucy Rd neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Furthermore, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 1.2% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Galpin Blvd / Lake Lucy Rd neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.