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Real Estate Prices & Overview

Clearwater Lake / Town Center median real estate price is $490,116, which is more expensive than 85.9% of the neighborhoods in Wisconsin and 64.7% of the neighborhoods in the U.S.

Average rental prices in the Clearwater Lake / Town Center neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.

Clearwater Lake / Town Center is a remote neighborhood (based on population density) located in Three Lakes, Wisconsin.

Clearwater Lake / Town Center real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Clearwater Lake / Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Clearwater Lake / Town Center. The current real estate vacancy rate here is 70.4%. This is higher than the rate of vacancies in 99.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (65.6%). 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

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.

Real Estate

Despite all of the residential real estate here in the Clearwater Lake / Town Center 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 70.4%, which is higher than 99.7% 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 35 people per square mile living here, this neighborhood is less crowded than 91.9% of America. One of the notable things about Clearwater Lake / Town Center 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.

People

If you are planning to retire in Wisconsin, this neighborhood should be on your must-see list. For many reasons, Clearwater Lake / Town Center may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Wisconsin, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.4% of neighborhoods in WI. If a Wisconsin retirement is in your future, this neighborhood should be one of the places you visit.

Diversity

Did you know that the Clearwater Lake / Town Center neighborhood has more British and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have British ancestry and 9.8% have Norwegian ancestry.

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 Clearwater Lake / Town Center neighborhood in Three Lakes are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.7% of the neighborhoods in America. With 15.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.0% of U.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 Clearwater Lake / Town Center neighborhood, 41.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.5%), and 9.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Clearwater Lake / Town Center neighborhood is English, spoken by 99.5% of households. Some people also speak Italian (2.5%).

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 Clearwater Lake / Town Center neighborhood in Three Lakes, WI, residents most commonly identify their ethnicity or ancestry as German (38.5%). There are also a number of people of Irish ancestry (14.1%), and residents who report Polish roots (10.3%), and some of the residents are also of Norwegian ancestry (9.8%), along with some English ancestry residents (8.3%), among others.

Getting to Work

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 Clearwater Lake / Town Center neighborhood spend under 15 minutes commuting one-way to work (35.1% of working residents), one of the shortest commutes across America.

Here most residents (81.9%) 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 (8.2%) . 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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