Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
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.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Located in the state of Virginia, Lakeside is a moderately-sized city with a population of 12,749 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (70% White). Given that fact, Lakeside could be considered less diverse than other cities.
Living in Lakeside can be a good experience for anyone relocating to the city. Having said that, in the state of Virginia, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, crime, education, employment, you can easily compare the best places to live in Lakeside and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lakeside to Virginia and the national average.
The livability score in Lakeside is 69/100 and the city is ranked in the 76th percentile of all cities across America. If we dig down a little deeper into each category within the livability score, we see that Lakeside has higher than average rankings for the following: crime (B-), cost of living (A-) and housing (A-). Lakeside does not do well for the following: amenities (F) and education (D-). It might be a good idea to take a closer look at each category to find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Lakeside, the unemployment rate stands at 2.73%, 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.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Lakeside market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Lakeside. 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 Lakeside are affordable. The median home price for Lakeside homes is $194,900, which is 21.5% lower than the Virginia average. If we take a closer look at the affordability of homes in Lakeside, we’ll see that the home price to income ratio is 3.5, which is 7.9% lower than the Virginia average.
| Statistic | Lakeside | Virginia | National |
| Average one way commute | 22min | 28min | 26min |
| Workers who drive to work | 80.0% | 77.4% | 76.4% |
| Workers who carpool | 11.3% | 9.5% | 9.3% |
| Workers who take public transit | 1.0% | 4.5% | 5.1% |
| Workers who bicycle | 0.7% | 0.4% | 0.6% |
| Workers who walk | 0.6% | 2.4% | 2.8% |
| Working from home | 6.0% | 4.7% | 4.6% |
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