Lake Shore is a very small city located in the state of Minnesota. With a population of 1,123 people and just one neighborhood, Lake Shore is the 393rd largest community in Minnesota.
Lake Shore real estate is some of the most expensive in Minnesota, although Lake Shore house values don't compare to the most expensive real estate in the U.S.
Lake Shore is a decidedly white-collar city, with fully 89.12% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Shore is a city of sales and office workers, managers, and professionals. There are especially a lot of people living in Lake Shore who work in management occupations (17.75%), sales jobs (16.41%), and office and administrative support (10.31%).
Telecommuters are a relatively large percentage of the workforce: 16.22% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Lake Shore is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the city’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
Because of many things, Lake Shore is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Lake Shore really has some of the features that families look for when choosing a good community to raise children. Is Lake Shore perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Lake Shore is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
The citizens of Lake Shore are very well educated compared to the average community in the nation: 39.58% of adults in Lake Shore have a bachelor's degree or even advanced degree.
The per capita income in Lake Shore in 2022 was $57,843, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $231,372 for a family of four. However, Lake Shore contains both very wealthy and poor people as well.
The people who call Lake Shore home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Shore residents report their race to be White, followed by Native American. Important ancestries of people in Lake Shore include German, Norwegian, Swedish, English, and Polish.
The most common language spoken in Lake Shore is English. Other important languages spoken here include Polish and Italian.
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 Lake Shore, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Despite all of the residential real estate here in the neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 43.3%, which is higher than 98.1% of all U.S. neighborhoods.
In addition, this neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 16 people per square mile living here, this neighborhood is less crowded than 95.7% of America. One of the notable things about is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
If you're nearing retirement age, or in retirement, the is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 8.9% of retiree-friendly neighborhoods in Minnesota, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Minnesota.
Did you know that the neighborhood has more Norwegian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.7% of this neighborhood's residents have Norwegian ancestry and 8.4% have Swedish 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 neighborhood in Lake Shore are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.2% of the neighborhoods in America. In addition, 4.1% 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 67.2% 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 neighborhood, 41.8% 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 24.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.0%), and 13.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 99.4% of households. Some people also speak Polish (4.9%).
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 neighborhood in Lake Shore, MN, residents most commonly identify their ethnicity or ancestry as German (35.3%). There are also a number of people of Norwegian ancestry (18.7%), and residents who report English roots (9.8%), and some of the residents are also of Swedish ancestry (8.4%), along with some Irish ancestry residents (7.1%), among others.
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 neighborhood spend between 15 and 30 minutes commuting one-way to work (42.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (79.9%) 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 (8.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.