Real Estate Prices and Overview
Todds Rd / Woodhill Dr median real estate prices are $97,537, which is more expensive than 48.9% of the neighborhoods
in Kentucky and 22.9% of the
neighborhoods in the U.S.
Average rental prices in Todds Rd / Woodhill Dr are currently
$794, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.4%
of the neighborhoods in Kentucky.
Todds Rd / Woodhill Dr is an urban neighborhood (based on population
density) located in Lexington, Kentucky.
Todds Rd / Woodhill Dr real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings.
Most of the residential real estate is renter occupied. Many of
the residences in the Todds Rd / Woodhill Dr 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.
Vacant apartments or homes are a major fact of life in
Todds Rd / Woodhill Dr. The current real estate vacancy rate here is 37.6%.
This is higher than the rate of vacancies in 96.8% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as 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.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.
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 Lexington,
the Todds Rd / Woodhill Dr neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Occupations
From major sales accounts to fast-food workers, sales and service employees
are often the backbone of the local economy. In the Todds Rd / Woodhill Dr
neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis
identifies this neighborhood as having a higher percentage of sales and
service workers than 99.9% of all American neighborhoods.
Notable & Unique: Modes of Transportation
Would you like to be able to ride your bike to work? If you are attracted
to the idea of getting a little exercise of the two-wheeled type while
reducing your carbon footprint, bicycling to work might be the answer.
But which neighborhood you live in can make this either impossible, or
alternatively, a great and realistic option. NeighborhoodScout's analysis
revealed that the Todds Rd / Woodhill Dr neighborhood is a fantastic
option for bicycle commuters, as 8.9% of commuters here do ride
their bikes to and from work on a daily basis. This is a higher amount
than we found in 99.2% of the neighborhoods in America.
Also, our research revealed that more commuters here take the bus to work
(16.9% ride the bus) than 95.6% of all American
neighborhoods. If you like the idea of leaving your car and home and
hopping the bus to work, this might be a good neighborhood for you to
Notable & Unique: Diversity
Significantly, 9.9% of its residents five years old and above primarily
speak South Asian languages at home. While this may seem like a small percentage, it is higher
than 99.1% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, despite all of the residential real estate here in the Todds Rd / Woodhill Dr 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 37.6%, which is higher than 96.8% of all U.S. neighborhoods.
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 Todds Rd / Woodhill Dr neighborhood in Lexington are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 88.5% of U.S. neighborhoods.
With 56.9% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 94.2%
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 Todds Rd / Woodhill Dr neighborhood, 70.2%
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 12.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(9.9%), and 7.5% in executive, management, and professional 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 Todds Rd / Woodhill Dr neighborhood in Lexington, KY, residents
most commonly identify their ethnicity or ancestry as Mexican
(12.6%). There are also a number of people of German ancestry (2.3%) , and residents who report Asian roots (2.1%) , and some of the residents are also of Irish ancestry (2.1%) , along with some Dutch ancestry residents (1.4%), among others. In addition, 35.6% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are
tabulated as the languages people preferentially speak when they are
at home with their families.
The most common language spoken in the Todds Rd / Woodhill Dr
neighborhood is English, spoken by 55.7% of households. Other important languages spoken here include Spanish and South Asian languages.
Getting to Work
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 Todds Rd / Woodhill Dr neighborhood spend
between 15 and 30 minutes commuting one-way to work (49.7% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (46.8%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (16.9%) and 15.4% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.