Lake Katrine is a very small town located in the state of New York. With a population of 2,522 people and just one neighborhood, Lake Katrine is the 528th largest community in New York.
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Lake Katrine is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Lake Katrine is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Lake Katrine who work in management occupations (26.89%), teaching (10.71%), and healthcare (10.34%).
Telecommuters are a relatively large percentage of the workforce: 11.92% 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.
The overall education level of Lake Katrine is somewhat higher than in the average US city of 21.84%: 28.11% of adults 25 and older in the town have at least a bachelor's degree.
The per capita income in Lake Katrine in 2022 was $33,077, which is lower middle income relative to New York, and middle income relative to the rest of the US. This equates to an annual income of $132,308 for a family of four. However, Lake Katrine contains both very wealthy and poor people as well.
Lake Katrine is a very ethnically-diverse town. The people who call Lake Katrine home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Katrine residents report their race to be White, followed by Black or African-American. Lake Katrine also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.64% of the town鈥檚 residents. Important ancestries of people in Lake Katrine include German, Irish, English, Italian, and Dutch.
The most common language spoken in Lake Katrine is English. Other important languages spoken here include Spanish and Other Asian languages.
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 Katrine, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
is ranked among the top 9.3% of neighborhoods for first-time home buyers to consider in the state of New York according to 蘑菇视频's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for active retirees.
Did you know that the neighborhood has more Dutch and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.2% of this neighborhood's residents have Dutch ancestry and 3.6% have Ukrainian ancestry.
is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.
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. 蘑菇视频's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in Lake Katrine are lower-middle income, making it a below average income neighborhood. 蘑菇视频's research shows that this neighborhood has an income lower than 63.6% of U.S. neighborhoods. In addition, 3.3% 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 69.8% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the neighborhood, 45.8% 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 27.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.7%), and 12.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 85.9% of households. Some people also speak Spanish (8.1%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture 鈥� our learned behavior 鈥� 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 Katrine, NY, residents most commonly identify their ethnicity or ancestry as German (18.3%). There are also a number of people of Irish ancestry (15.7%), and residents who report Italian roots (13.9%), and some of the residents are also of English ancestry (10.4%), along with some Dutch ancestry residents (7.2%), among others.
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 neighborhood spend between 15 and 30 minutes commuting one-way to work (61.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.8%) 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 (9.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT鈥檚 patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.