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Real Estate Prices & Overview

Lake Ridge / Maple Lake median real estate price is $267,438, which is more expensive than 78.3% of the neighborhoods in West Virginia and 36.0% of the neighborhoods in the U.S.

The average rental price in Lake Ridge / Maple Lake is currently $2,121, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.5% of the neighborhoods in West Virginia.

Lake Ridge / Maple Lake is a rural neighborhood (based on population density) located in Bridgeport, West Virginia.

Lake Ridge / Maple Lake 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 Lake Ridge / Maple Lake neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Lake Ridge / Maple Lake has a 10.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 Bridgeport, the Lake Ridge / Maple Lake neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research reveals that 92.5% of commuters who live in the Lake Ridge / Maple Lake neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 98.5% of U.S. neighborhoods.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Lake Ridge / Maple Lake neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 13.9% of its workforce, this neighborhood has a greater concentration of government workers than 96.3% of U.S. neighborhoods.

People

The Lake Ridge / Maple Lake neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 90.5% of West Virginia neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state.

Diversity

Did you know that the Lake Ridge / Maple Lake neighborhood has more Belgian and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Belgian ancestry and 2.1% have Greek ancestry.

Lake Ridge / Maple Lake is also pretty special linguistically. Significantly, 13.6% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.

The Neighbors

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 Lake Ridge / Maple Lake neighborhood in Bridgeport are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.9% of the neighborhoods in America. In addition, 4.0% 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 68.1% 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 Lake Ridge / Maple Lake neighborhood, 53.6% 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 19.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.1%), and 13.9% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Lake Ridge / Maple Lake neighborhood is English, spoken by 92.5% of households. Some people also speak Italian (13.6%).

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 Lake Ridge / Maple Lake neighborhood in Bridgeport, WV, residents most commonly identify their ethnicity or ancestry as German (24.2%). There are also a number of people of Irish ancestry (17.7%), and residents who report English roots (13.5%), and some of the residents are also of Italian ancestry (12.4%), along with some Dutch ancestry residents (3.5%), 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 Lake Ridge / Maple Lake neighborhood spend between 15 and 30 minutes commuting one-way to work (55.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (92.5%) 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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