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Real Estate Prices & Overview

Lakeview / Lake Cormorant median real estate price is $199,178, which is more expensive than 63.0% of the neighborhoods in Mississippi and 22.5% of the neighborhoods in the U.S.

The average rental price in Lakeview / Lake Cormorant is currently $1,785, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.3% of the neighborhoods in Mississippi.

Lakeview / Lake Cormorant is a remote neighborhood (based on population density) located in Walls, Mississippi.

Lakeview / Lake Cormorant 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 occupied by a mixture of owners and renters. Many of the residences in the Lakeview / Lake Cormorant neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Lakeview / Lake Cormorant has a 12.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.2% 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 Walls, the Lakeview / Lake Cormorant neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 42 residents per square mile, Lakeview / Lake Cormorant is less crowded than 90.6% of all U.S. neighborhoods.

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 Lakeview / Lake Cormorant neighborhood in Walls are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.4% of U.S. neighborhoods. With 39.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.5% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Lakeview / Lake Cormorant neighborhood, 33.9% 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 31.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.2%), and 16.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lakeview / Lake Cormorant neighborhood is English, spoken by 95.2% of households. Some people also speak Spanish (4.6%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Lakeview / Lake Cormorant neighborhood in Walls, MS, residents most commonly identify their ethnicity or ancestry as English (9.7%). There are also a number of people of German ancestry (5.4%), and residents who report Mexican roots (4.9%), and some of the residents are also of Irish ancestry (4.1%), along with some Polish ancestry residents (3.1%), 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 Lakeview / Lake Cormorant neighborhood spend between 30 and 45 minutes commuting one-way to work (36.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (87.9%) 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 (5.8%) . 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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