Real Estate Prices and Overview
Cannonsburg median real estate prices are $146,769, which is more expensive than 78.4% of the neighborhoods
in Kentucky and 44.4% of the
neighborhoods in the U.S.
Average rental prices in Cannonsburg are currently
$655, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 41.9% of Kentucky neighborhoods.
Cannonsburg is a rural neighborhood (based on population
density) located in Catlettsburg, Kentucky.
Cannonsburg real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Cannonsburg neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 8.5% in
Cannonsburg. NeighborhoodScout analysis shows that this rate is lower
than 54.4% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
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 Catlettsburg,
the Cannonsburg neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: 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 Cannonsburg 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 12.7% executive lifestyle
neighborhoods in the state of Kentucky.
The Neighbors: Income
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 Cannonsburg neighborhood in Catlettsburg are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 61.8% of the neighborhoods in America.
With 21.1% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 60.3%
of U.S. neighborhoods.
The Neighbors: Occupations
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 Cannonsburg neighborhood, 32.2%
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 25.8% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(24.8%), and 17.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The Neighbors: 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 Cannonsburg neighborhood in Catlettsburg, KY, residents
most commonly identify their ethnicity or ancestry as Irish
(14.9%). There are also a number of people of English ancestry (9.7%) , and residents who report German roots (8.5%) , and some of the residents are also of Scottish ancestry (1.1%) .
The Neighbors: Languages
The most common language spoken in the Cannonsburg
neighborhood is English, spoken by 99.1% of households.
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 Cannonsburg neighborhood spend
between 15 and 30 minutes commuting one-way to work (37.0% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (92.8%) 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 (6.7%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.