Lakeview Estates 56 Below average
Lakeview Estates Livability #465 ranked city in Georgia#22,144 ranked city in the USARanks better than 24% of areas

Pros and Cons of Living in Lakeview Estates

PROS
  • 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.

  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • 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.

CONS
  • 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.

  • Employment

    The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.

  • Health & Safety

    Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.

  • 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.

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What's it like Living in Lakeview Estates?

Located in the state of Georgia, Lakeview Estates is a smaller city with a population of 2,546 inhabitants. In Lakeview Estates, there are 5,008 people per square mile, which is well above the national population density average. More than a quarter of the residents of Lakeview Estates identify themselves as Hispanic or Latino, and 92% of the population speak Spanish as their primary or secondary language. Lakeview Estates is very likely to be a great place to live for singles as only 45%, of the population (over fifteen) are classified as married. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Lakeview Estates, your commute times will be about average, with a one way commute time of 24 minutes.

If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a good experience if you are willing to get to know the area before actually living in Lakeview Estates, Georgia. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Lakeview Estates and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, health & safety, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Georgia and national averages.

Lakeview Estates has a livability score of 57 out of 100 and is ranked #417 in Georgia and #20,722 in the USA. This is a poor rating when compared to the average of other places in the country. If we examine each of the categories on their own, we see that Lakeview Estates ranks well for crime (B+) and housing (A+). On a more negative note, Lakeview Estates does not have favorable scores for the following: amenities (F), education (F) and employment (F). If we take a look at the data, we can find out why.

Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In Lakeview Estates, residents are fortunate to experience a cost of living that is 22.11% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making Lakeview Estates an attractive choice for those seeking financial prudence without compromising on quality of life.

The Lakeview Estates unemployment rate of 1.27% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the 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 Lakeview Estates 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.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Lakeview Estates is real estate affordability. Median real estate prices in Lakeview Estates come in at $32,000, which is 79% lower than the Georgia average. The home price to income ratio compares the median home prices to the median household income. In Lakeview Estates, the home price to income ratio is 0.9, which is 70% lower than the Georgia average.

Best Places to Live in and Around Lakeview Estates

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Compare Lakeview Estates, GA Livability

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      Lakeview Estates transportation information

      Statistic Lakeview Estates Georgia National
      Average one way commute24min28min26min
      Workers who drive to work31.6%79.6%76.4%
      Workers who carpool56.0%10.1%9.3%
      Workers who take public transit0.0%2.1%5.1%
      Workers who bicycle0.0%0.2%0.6%
      Workers who walk8.6%1.6%2.8%
      Working from home1.7%5.1%4.6%
      Source: The Lakeview Estates, GA data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).