Real Estate Prices and Overview
Gaithers median real estate prices are $96,657, which is more expensive than 48.3% of the neighborhoods
in Kentucky and 22.6% of the
neighborhoods in the U.S.
Average rental prices in Gaithers are currently
$425, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 67.9% of Kentucky neighborhoods.
Gaithers is a suburban neighborhood (based on population
density) located in Elizabethtown, Kentucky.
Gaithers real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Gaithers 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.
Gaithers has a 15.4% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
74.8% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: People
Whether by choice, divorce, or unplanned pregnancy, single moms may have
the toughest job in the book. NeighborhoodScout's exclusive analysis reveals
that the Gaithers neighborhood has more single mother
households than 98.0% of the neighborhoods in the U.S.
Often high concentrations of single mother homes can be a strong indicator
of family and social issues such as poverty, high rates of school dropouts,
crime, and other societal problems.
Notable & Unique: Occupations
With 2.5% of employed workers living in the
Gaithers neighborhood active in the military, this neighborhood has
the distinction of having a higher proportion of people in the military
than 97.5% of American neighborhoods. This is a major
shaper of the neighborhood's culture and character.
The Neighbors: Income
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 Gaithers neighborhood in Elizabethtown are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 90.3% of U.S. neighborhoods.
With 51.1% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 91.4%
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 Gaithers neighborhood, 33.3%
of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 26.1% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(25.6%), and 15.0% in clerical, assistant, and tech support occupations.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the Gaithers neighborhood in Elizabethtown, KY, residents
most commonly identify their ethnicity or ancestry as Irish
(10.5%). There are also a number of people of English ancestry (6.9%) , and residents who report Asian roots (2.0%) , and some of the residents are also of Mexican ancestry (2.0%) , along with some French ancestry residents (1.9%), among others.
The Neighbors: Languages
The most common language spoken in the Gaithers
neighborhood is English, spoken by 97.1% 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 Gaithers neighborhood spend
under 15 minutes commuting one-way to work (33.8% of working
residents), one of the shortest commutes across America.
Here most residents (73.0%) 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 (19.9%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.