Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Lakeshore, Louisiana is a smaller city with a population of 2,800 people. With a population density of 3,299 people per square mile, Lakeshore is well above the nation's average density level. Lakeshore is mostly populated by White (42%) and Black or African American (55%) ethnic groups. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Lakeshore, your commute time will align closely with the national average, spanning a one-way duration of approximately 23 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Lakeshore could be a positive experience compared to other cities in Louisiana if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like cost of living, commute, employment and other key data points, finding the best places to live in Lakeshore and in the areas around Lakeshore is a much easier task.
With a livability score of 64 out of 100, Lakeshore is ranked #12,426 in the United States and #136 in Louisiana. For each of the livability categories, we know that Lakeshore ranks very well for crime (B+), cost of living (A+) and housing (B-). There are some categories that Lakeshore does not rank well for, including: amenities (F), education (F) and employment (D). It might be worth taking a closer look to determine why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Lakeshore, the unemployment rate stands at 1.93%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Lakeshore apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Lakeshore. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Lakeshore are affordable. Median real estate prices in Lakeshore come in at $125,200, which is 15.6% lower than the Louisiana average. The home price to income ratio compares the median home prices to the median household income. In Lakeshore, the home price to income ratio is 3.7, which is 12.1% higher than the Louisiana average.
Statistic | Lakeshore | Louisiana | National |
Average one way commute | 23min | 25min | 26min |
Workers who drive to work | 83.3% | 82.6% | 76.4% |
Workers who carpool | 5.9% | 9.6% | 9.3% |
Workers who take public transit | 7.4% | 1.3% | 5.1% |
Workers who bicycle | 0.0% | 0.5% | 0.6% |
Workers who walk | 0.0% | 1.8% | 2.8% |
Working from home | 3.4% | 2.6% | 4.6% |