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
$630, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.2%
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
If your dream is to be able to ride your bike to work each day, look no
further than this unique neighborhood. With 8.9% of residents in
the Todds Rd / Woodhill Dr neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
99.2% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
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
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 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 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.