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Real Estate Prices & Overview

Lakewood / Lincoln Heights median real estate price is $254,621, which is less expensive than 87.7% of Maryland neighborhoods and 70.5% of all U.S. neighborhoods.

The average rental price in Lakewood / Lincoln Heights is currently $1,963, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.7% of Maryland neighborhoods.

Lakewood / Lincoln Heights is a suburban neighborhood (based on population density) located in Salisbury, Maryland.

Lakewood / Lincoln Heights real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Lakewood / Lincoln Heights neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.9% in Lakewood / Lincoln Heights. NeighborhoodScout analysis shows that this rate is lower than 47.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Salisbury, the Lakewood / Lincoln Heights neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

NeighborhoodScout's analysis shows that the Lakewood / Lincoln Heights neighborhood has a greater concentration of residents currently enrolled in college than 99.3% of the neighborhoods in the U.S. With 51.1% of the population here attending college, this is very much a college-focused neighborhood.

Real Estate

95.6% of the real estate in the Lakewood / Lincoln Heights neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, one of the really unique and interesting things about the look and setting of the Lakewood / Lincoln Heights neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 71.6% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.3% of all neighborhoods in America.

Diversity

Did you know that the Lakewood / Lincoln Heights neighborhood has more Haitian and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.2% of this neighborhood's residents have Haitian ancestry and 1.8% have Austrian ancestry.

Lakewood / Lincoln Heights is also pretty special linguistically. Significantly, 12.2% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Lakewood / Lincoln Heights neighborhood. In the Lakewood / Lincoln Heights neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Lakewood / Lincoln Heights neighborhood in Salisbury are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.6% of U.S. neighborhoods. In addition, 3.6% 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 68.9% of America'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 Lakewood / Lincoln Heights neighborhood, 32.7% 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 29.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.9%), and 11.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lakewood / Lincoln Heights neighborhood is English, spoken by 83.9% of households. Some people also speak French (12.2%).

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 Lakewood / Lincoln Heights neighborhood in Salisbury, MD, residents most commonly identify their ethnicity or ancestry as Haitian (15.2%). There are also a number of people of German ancestry (11.4%), and residents who report Irish roots (8.8%), and some of the residents are also of Italian ancestry (5.2%), along with some English ancestry residents (3.6%), among others. In addition, 13.4% 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 Lakewood / Lincoln Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (38.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (72.4%) 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 (11.1%) and 7.6% 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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Income & Unemployment Rate
Higher Education Attainment
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Schools include:
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