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Real Estate Prices & Overview

Echo Lake / Shoemakers median real estate price is $511,889, which is more expensive than 73.3% of the neighborhoods in Pennsylvania and 59.8% of the neighborhoods in the U.S.

The average rental price in Echo Lake / Shoemakers is currently $2,606, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.9% of the neighborhoods in Pennsylvania.

Echo Lake / Shoemakers is a rural neighborhood (based on population density) located in East Stroudsburg, Pennsylvania.

Echo Lake / Shoemakers 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 Echo Lake / Shoemakers 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.

Vacant apartments or homes are a major fact of life in Echo Lake / Shoemakers. The current real estate vacancy rate here is 48.3%. This is higher than the rate of vacancies in 98.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (43.8%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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 East Stroudsburg, the Echo Lake / Shoemakers neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Echo Lake / Shoemakers neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 34.2% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 100.0% of all neighborhoods in America.

Modes of Transportation

Our research shows that more people carpool to work here in the Echo Lake / Shoemakers (37.0%) than in 99.6% of the neighborhoods in America.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 48.3% of the residential real estate vacant, the Echo Lake / Shoemakers neighborhood claims the distinction of having a higher vacancy rate than 98.6% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Echo Lake / Shoemakers neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 10.4% executive lifestyle neighborhoods in the state of Pennsylvania.

Diversity

Did you know that the Echo Lake / Shoemakers neighborhood has more Dominican and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.0% of this neighborhood's residents have Dominican ancestry and 6.7% have African ancestry.

Echo Lake / Shoemakers is also pretty special linguistically. Significantly, 4.2% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 98.2% 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 Echo Lake / Shoemakers neighborhood in East Stroudsburg are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.5% of the neighborhoods in America. In addition, 9.8% 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 50.5% 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 Echo Lake / Shoemakers neighborhood, 48.6% 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 35.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.8%), and 2.8% in government jobs, whether they are in local, state, or federal positions.

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 Echo Lake / Shoemakers neighborhood is English, spoken by 74.6% of households. Other important languages spoken here include Spanish, French, African languages and Polish.

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 Echo Lake / Shoemakers neighborhood in East Stroudsburg, PA, residents most commonly identify their ethnicity or ancestry as Italian (10.2%). There are also a number of people of Dominican ancestry (10.0%), and residents who report Irish roots (6.9%), and some of the residents are also of Sub-Saharan African ancestry (6.7%), along with some African ancestry residents (6.7%), among others. In addition, 18.2% 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 Echo Lake / Shoemakers neighborhood spend longer than one hour commuting one-way to work (34.2% of working residents), one of the longer commutes in America, which is a potential downside for residents of this neighborhood.

Here most residents (45.5%) 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 (37.0%) and 7.9% 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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