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Real Estate Prices & Overview

Median real estate price in the City Center of Laconia is $283,560, which is less expensive than 82.6% of New Hampshire neighborhoods and 64.3% of all U.S. neighborhoods.

The average rental price in Laconia City Center is currently $1,932, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.4% of New Hampshire neighborhoods.

Laconia City Center is a suburban neighborhood (based on population density) located in Laconia, New Hampshire.

Real estate in the City Center of Laconia, NH 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 City Center 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.

Real estate vacancies in Laconia City Center are 5.8%, which is lower than one will find in 61.3% of American neighborhoods. Demand for real estate in Laconia City Center is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Modes of Transportation

Our research shows that more people carpool to work here in the Laconia City Center (27.1%) than in 98.0% of the neighborhoods in America.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Laconia City Center neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Laconia City Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 58.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Laconia City Center neighborhood has more French and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.5% of this neighborhood's residents have French ancestry and 8.4% have French Canadian ancestry.

Laconia City Center is also pretty special linguistically. Significantly, 9.2% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.

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 City Center neighborhood in Laconia are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.5% of U.S. neighborhoods. With 23.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.2% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Laconia City Center neighborhood, 29.4% 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 27.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (26.1%), and 16.9% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Laconia City Center neighborhood is English, spoken by 98.1% of households. Some people also speak Italian (9.2%).

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 City Center neighborhood in Laconia, NH, residents most commonly identify their ethnicity or ancestry as French (20.5%). There are also a number of people of Irish ancestry (20.3%), and residents who report English roots (19.7%), and some of the residents are also of French Canadian ancestry (8.4%), along with some Scottish ancestry residents (5.3%), 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 Laconia City Center neighborhood spend under 15 minutes commuting one-way to work (58.0% of working residents), one of the shortest commutes across America.

Here most residents (61.6%) 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 (27.1%) and 9.0% of residents also hop out the door and walk to work for their daily commute. 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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