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Real Estate Prices & Overview

Lakelawn Estates / Marshall's Commons median real estate price is $366,336, which is more expensive than 45.0% of the neighborhoods in Delaware and 52.7% of the neighborhoods in the U.S.

The average rental price in Lakelawn Estates / Marshall's Commons is currently $1,764, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.3% of Delaware neighborhoods.

Lakelawn Estates / Marshall's Commons is a suburban neighborhood (based on population density) located in Milford, Delaware.

Lakelawn Estates / Marshall's Commons 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 Lakelawn Estates / Marshall's Commons neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

Home and apartment vacancy rates are 6.4% in Lakelawn Estates / Marshall's Commons. NeighborhoodScout analysis shows that this rate is lower than 57.1% 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

Divorcees may find friendship and understanding in this neighborhood, as 19.9% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 95.4% of the neighborhoods in America.

Diversity

Did you know that the Lakelawn Estates / Marshall's Commons neighborhood has more Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.0% of this neighborhood's residents have Haitian ancestry.

Lakelawn Estates / Marshall's Commons is also pretty special linguistically. Significantly, 6.1% 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 98.1% 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 Lakelawn Estates / Marshall's Commons neighborhood in Milford are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.3% of U.S. neighborhoods. With 16.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.8% 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 Lakelawn Estates / Marshall's Commons neighborhood, 33.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 24.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.2%), and 18.6% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Lakelawn Estates / Marshall's Commons neighborhood is English, spoken by 73.0% of households. Other important languages spoken here include Spanish and French.

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 Lakelawn Estates / Marshall's Commons neighborhood in Milford, DE, residents most commonly identify their ethnicity or ancestry as Mexican (11.0%). There are also a number of people of German ancestry (8.9%), and residents who report Irish roots (7.8%), and some of the residents are also of English ancestry (7.7%), along with some Italian ancestry residents (5.2%), among others. In addition, 19.2% of the residents of this neighborhood were born in another country.

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 Lakelawn Estates / Marshall's Commons neighborhood spend under 15 minutes commuting one-way to work (44.0% of working residents), one of the shortest commutes across America.

Here most residents (73.7%) 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 (12.5%) . 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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