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Real Estate Prices & Overview

Lakecrest / Conrad median real estate price is $211,362, which is more expensive than 49.1% of the neighborhoods in Indiana and 25.2% of the neighborhoods in the U.S.

The average rental price in Lakecrest / Conrad is currently $1,727, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.6% of the neighborhoods in Indiana.

Lakecrest / Conrad is a suburban neighborhood (based on population density) located in Noblesville, Indiana.

Lakecrest / Conrad real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lakecrest / Conrad neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Lakecrest / Conrad. The current real estate vacancy rate here is 21.9%. This is higher than the rate of vacancies in 89.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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.

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 Lakecrest / Conrad neighborhood in Noblesville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.1% of U.S. neighborhoods. With 15.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.1% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Lakecrest / Conrad neighborhood, 35.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.6%), and 14.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lakecrest / Conrad neighborhood is English, spoken by 98.2% of households. Some people also speak Polish (2.0%).

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 Lakecrest / Conrad neighborhood in Noblesville, IN, residents most commonly identify their ethnicity or ancestry as German (10.2%). There are also a number of people of English ancestry (9.4%), and residents who report Irish roots (7.0%), and some of the residents are also of Italian ancestry (3.6%), along with some Scottish ancestry residents (2.5%), 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 Lakecrest / Conrad neighborhood spend under 15 minutes commuting one-way to work (42.4% of working residents), one of the shortest commutes across America.

Here most residents (86.6%) 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 (6.8%) . 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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