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Real Estate Prices & Overview

Twin Lakes North median real estate price is $525,134, which is more expensive than 57.5% of the neighborhoods in Nevada and 64.8% of the neighborhoods in the U.S.

The average rental price in Twin Lakes North is currently $1,795, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.4% of Nevada neighborhoods.

Twin Lakes North is an urban neighborhood (based on population density) located in Las Vegas, Nevada.

Twin Lakes North real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Twin Lakes North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.5% in Twin Lakes North. NeighborhoodScout analysis shows that this rate is lower than 50.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

People

NeighborhoodScout's exclusive research revealed that 93.3% of the adult residents in the Twin Lakes North neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.6% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Twin Lakes North neighborhood in Las Vegas are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.0% of U.S. neighborhoods. With 41.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.9% 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 Twin Lakes North neighborhood, 38.9% of the working population is employed in manufacturing and laborer 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 32.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.3%), and 14.0% in executive, management, and professional occupations.

Languages

The most common language spoken in the Twin Lakes North neighborhood is Spanish, spoken by 56.2% of households. Some people also speak English (41.7%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Twin Lakes North neighborhood in Las Vegas, NV, residents most commonly identify their ethnicity or ancestry as Mexican (49.2%). There are also a number of people of English ancestry (4.6%), and residents who report German roots (2.8%), and some of the residents are also of Asian ancestry (2.4%), along with some Irish ancestry residents (2.3%), among others. In addition, 34.5% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Twin Lakes North neighborhood spend between 15 and 30 minutes commuting one-way to work (50.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.9%) 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 (20.8%) . 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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