Is Lakeshore Village a Good Place to Live?
Based on current data, Lakeshore Village receives an overall livability score of 3.3 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, a low poverty rate, strong internet connectivity. Areas to be aware of include high housing costs, above-average unemployment. Lakeshore Village offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Lakeshore Village is $114,000, which is significantly higher than the national average — 52% above $75,149. This places Lakeshore Village among higher-income communities. At 13.2%, unemployment is notably high. Only 4.7% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 25 minutes.
Cost of Living & Housing
The median home value in Lakeshore Village is $576,000, making it a premium housing market at 104% above the U.S. median of $281,900. Renters pay a median of $1,000 per month, below the national average — a plus for affordability. The price-to-income ratio of 5.1x means housing costs are stretched relative to local earnings.
Education
15.9% of residents hold a bachelor's degree, below the national average of 33.7%. 30.4% have completed high school.
Climate & Weather
Lakeshore Village experiences four distinct seasons with an average temperature of 47°F. Winters average 23°F in January while summers reach 69°F in July. Annual precipitation totals 34.4 inches, including 53.2 inches of snow. Air quality is rated Good with a median AQI of 27.