Real Estate Prices and Overview
Todds Rd / Woodhill Dr median real estate prices are $97,537, which is more expensive than 48.8% of the neighborhoods
in Kentucky and 23.0% 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 81.6%
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
The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
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, more people ride the bus in this neighborhood each day to get to work
than 95.6% of U.S. neighborhoods.
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, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 37.6% of the residential real estate vacant, the Todds Rd / Woodhill Dr neighborhood claims the distinction of having a higher vacancy rate than 96.8% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
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 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
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
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
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
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
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 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.