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Real Estate Prices & Overview

Lino Lakes North median real estate price is $419,562, which is more expensive than 70.8% of the neighborhoods in Minnesota and 60.1% of the neighborhoods in the U.S.

The average rental price in Lino Lakes North is currently $2,506, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.6% of the neighborhoods in Minnesota.

Lino Lakes North is a rural neighborhood (based on population density) located in Lino Lakes, Minnesota.

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

In Lino Lakes North, the current vacancy rate is 0.6%, which is a lower rate of vacancies than 92.7% of all neighborhoods in the U.S. This means that the housing supply in Lino Lakes North is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

People

Of note is NeighborhoodScout's research finding that the Lino Lakes North 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 Lino Lakes North community truly stands out from the rest in this regard.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Lino Lakes North neighborhood may actually hold the key. 69.8% of its residents are married, which is a higher percentage than is found in 96.1% of the neighborhoods in America.

Also, if you're looking for a great spot to raise a family, then look no further than the Lino Lakes North neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 11.1% of family-friendly neighborhoods across the state of Minnesota. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.

Real Estate

Owner-occupied real estate dominates the Lino Lakes North neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.1% of neighborhoods in America.

Diversity

Did you know that the Lino Lakes North neighborhood has more Swedish and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.3% of this neighborhood's residents have Swedish ancestry and 8.1% have Norwegian ancestry.

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 Lino Lakes North neighborhood in Lino Lakes are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 86.6% 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.

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 sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Lino Lakes North 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 manufacturing and laborer occupations, with 26.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.5%), and 13.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Lino Lakes North neighborhood is English, spoken by 96.4% of households.

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 Lino Lakes North neighborhood in Lino Lakes, MN, residents most commonly identify their ethnicity or ancestry as German (34.5%). There are also a number of people of Irish ancestry (23.5%), and residents who report Swedish roots (8.3%), and some of the residents are also of Norwegian ancestry (8.1%), along with some Italian ancestry residents (5.7%), 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 Lino Lakes North neighborhood spend between 15 and 30 minutes commuting one-way to work (37.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.7%) 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 (5.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Rental Market
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Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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