Real Estate Prices and Overview
Median real estate prices in the City Center of Manchester are $77,417, which is less expensive than 70.2% of Kentucky neighborhoods
and 87.4% of all U.S. neighborhoods.
Average rental prices in Manchester City Center are currently
$394, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 95.6% of Kentucky neighborhoods.
Manchester City Center is a rural neighborhood (based on population
density) located in Manchester, Kentucky.
Real estate in the City Center of Manchester, KY is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Manchester
City Center. The current real estate vacancy rate here is 22.8%.
This is higher than the rate of vacancies in 88.6% 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: People
An interesting characteristic about the Manchester City Center neighborhood
is that there are more incarcerated people living here than 99.4%
of neighborhoods in the U.S. The United States has the highest rate of
incarceration in the world, currently with 1 out of every 100 adults in the
country are incarcerated as a punishment for crimes committed. The extremely
high incarceration rate of this neighborhood could mean that a prison, juvenile
detention facility or other correctional facility occupies a large proportion
of the neighborhood, or contains a large portion of the neighborhood's population.
Notable & Unique: Occupations
The government often provides some of the more stable jobs in the economy.
From local, to state, to federal government workers, the government can
also be a major employer. What NeighborhoodScout's analysis revealed, is
that the Manchester City Center neighborhood in particular stands out
when compared nationally for the proportion of its working residents who
are employed by the government. At 13.7% of its workforce, this
neighborhood has a greater concentration of government workers than
95.8% of U.S. neighborhoods.
Notable & Unique: Diversity
Significantly, 0.2% of its residents five years old and above primarily
speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher
than 95.7% of the neighborhoods in America.
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 City Center neighborhood in Manchester are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 88.6% of U.S. neighborhoods.
With 28.8% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 71.8%
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 Manchester City Center neighborhood, 38.9%
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 31.7% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(15.3%), and 13.7% in government jobs, whether they are in local, state, or federal positions.
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 City Center neighborhood in Manchester, KY, residents
most commonly identify their ethnicity or ancestry as Irish
(8.5%). There are also a number of people of English ancestry (4.4%) , and residents who report Mexican roots (3.8%) , and some of the residents are also of German ancestry (2.7%) , along with some Scots-Irish ancestry residents (2.1%), among others.
The Neighbors: Languages
The most common language spoken in the Manchester City Center
neighborhood is English, spoken by 94.1% of households. Some people also speak Spanish (4.9%).
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 Manchester City Center neighborhood spend
under 15 minutes commuting one-way to work (56.7% of working
residents), one of the shortest commutes across America.
Here most residents (84.4%) 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 (10.7%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.