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Real Estate Prices & Overview

Lakeridge Run / Lake Ridge median real estate price is $377,003, which is more expensive than 87.4% of the neighborhoods in Oklahoma and 50.4% of the neighborhoods in the U.S.

The average rental price in Lakeridge Run / Lake Ridge is currently $2,168, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.7% of the neighborhoods in Oklahoma.

Lakeridge Run / Lake Ridge is a suburban neighborhood (based on population density) located in Oklahoma City, Oklahoma.

Lakeridge Run / Lake Ridge real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Lakeridge Run / Lake Ridge 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.

In Lakeridge Run / Lake Ridge, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.0% of all neighborhoods in the U.S. This means that the housing supply in Lakeridge Run / Lake Ridge is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

In a nation where 1 out of every 4 children lives in poverty, the Lakeridge Run / Lake Ridge neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, if you are planning to retire in Oklahoma, this neighborhood should be on your must-see list. For many reasons, Lakeridge Run / Lake Ridge may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Oklahoma, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 95.3% of neighborhoods in OK. If a Oklahoma retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and families with school-aged children.

Real Estate

Owner-occupied real estate dominates the Lakeridge Run / Lake Ridge neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.9% of neighborhoods in America.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Lakeridge Run / Lake Ridge neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 14.1% of its workforce, this neighborhood has a greater concentration of government workers than 96.4% of U.S. neighborhoods.

Diversity

Did you know that the Lakeridge Run / Lake Ridge neighborhood has more Welsh and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Welsh ancestry and 29.1% have English ancestry.

Lakeridge Run / Lake Ridge is also pretty special linguistically. Significantly, 11.9% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 99.6% 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 Lakeridge Run / Lake Ridge neighborhood in Oklahoma City are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.0% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Lakeridge Run / Lake Ridge neighborhood, 61.8% 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 17.2% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (14.1%), and 11.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Lakeridge Run / Lake Ridge neighborhood is English, spoken by 82.7% of households. Some people also speak Vietnamese (11.9%).

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 Lakeridge Run / Lake Ridge neighborhood in Oklahoma City, OK, residents most commonly identify their ethnicity or ancestry as English (29.1%). There are also a number of people of Asian ancestry (16.4%), and residents who report German roots (13.6%), and some of the residents are also of Irish ancestry (5.3%), along with some Welsh ancestry residents (4.4%), among others. In addition, 13.1% 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 Lakeridge Run / Lake Ridge neighborhood spend between 15 and 30 minutes commuting one-way to work (55.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.1%) 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 (6.1%) . 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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Crime includes:
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Schools include:
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