Forest Lake median real estate price is $491,249, which is more expensive than 82.5% of the neighborhoods in South Carolina and 64.7% of the neighborhoods in the U.S.
The average rental price in Forest Lake is currently $2,688, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.0% of the neighborhoods in South Carolina.
Forest Lake is a suburban neighborhood (based on population density) located in Fort Mill, South Carolina.
Forest Lake 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 Forest Lake neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Forest Lake are 4.7%, which is lower than one will find in 68.9% of American neighborhoods. Demand for real estate in Forest Lake is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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.
Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Forest Lake neighborhood could be your paradise. With 27.7% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 3.8% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Forest Lake neighborhood. A whopping 70.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.9% of the neighborhoods in the U.S. Everything here just feels new.
Did you know that the Forest Lake neighborhood has more Iranian and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Iranian ancestry and 1.0% have Lebanese ancestry.
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 Forest Lake neighborhood in Fort Mill are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.1% of the neighborhoods in America. In addition, 1.9% 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 75.4% 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 Forest Lake neighborhood, 45.5% 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 28.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.3%), and 10.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the Forest Lake neighborhood is English, spoken by 72.9% of households. Some people also speak Spanish (14.0%).
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 Forest Lake neighborhood in Fort Mill, SC, residents most commonly identify their ethnicity or ancestry as German (11.8%). There are also a number of people of Asian ancestry (10.5%), and residents who report Irish roots (8.9%), and some of the residents are also of English ancestry (8.2%), along with some Mexican ancestry residents (6.5%), among others. In addition, 17.1% of the residents of this neighborhood were born in another country.
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 Forest Lake neighborhood spend between 15 and 30 minutes commuting one-way to work (35.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (62.0%) 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 (14.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.