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Real Estate Prices & Overview

Woodlake Dr / Oak Ridge Dr median real estate price is $379,095, which is more expensive than 74.7% of the neighborhoods in Michigan and 51.0% of the neighborhoods in the U.S.

The average rental price in Woodlake Dr / Oak Ridge Dr is currently $1,531, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.2% of Michigan neighborhoods.

Woodlake Dr / Oak Ridge Dr is a suburban neighborhood (based on population density) located in Brighton, Michigan.

Woodlake Dr / Oak Ridge Dr real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Woodlake Dr / Oak Ridge Dr 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 Woodlake Dr / Oak Ridge Dr, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Woodlake Dr / Oak Ridge Dr is very tight compared to the demand for property here.

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 Brighton, the Woodlake Dr / Oak Ridge Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Real estate in the Woodlake Dr / Oak Ridge Dr neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 96.5% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. With a real estate vacancy rate of only 0.0%, the Woodlake Dr / Oak Ridge Dr neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, if you love row houses and attached homes, you will probably really like the Woodlake Dr / Oak Ridge Dr neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 27.8% of the residential real estate here is classified as row houses and attached homes.

Diversity

Did you know that the Woodlake Dr / Oak Ridge Dr neighborhood has more Romanian and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Romanian ancestry and 16.8% have Polish ancestry.

Woodlake Dr / Oak Ridge Dr is also pretty special linguistically. Significantly, 17.2% of its residents five years old and above primarily speak Polish 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 Woodlake Dr / Oak Ridge Dr neighborhood in Brighton are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.8% of the neighborhoods in America. In addition, 1.8% 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 76.1% 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 Woodlake Dr / Oak Ridge Dr neighborhood, 60.1% 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 22.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.0%), and 7.9% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Woodlake Dr / Oak Ridge Dr neighborhood is English, spoken by 90.8% of households. Some people also speak Polish (17.2%).

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 Woodlake Dr / Oak Ridge Dr neighborhood in Brighton, MI, residents most commonly identify their ethnicity or ancestry as German (21.6%). There are also a number of people of Polish ancestry (16.8%), and residents who report Irish roots (15.1%), and some of the residents are also of English ancestry (15.1%), along with some Italian ancestry residents (4.7%), 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 Woodlake Dr / Oak Ridge Dr neighborhood spend under 15 minutes commuting one-way to work (34.0% of working residents), one of the shortest commutes across America.

Here most residents (75.6%) 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 (7.6%) . 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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