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Real Estate Prices & Overview

Freemont / Hardmoney median real estate price is $266,873, which is more expensive than 56.3% of the neighborhoods in Kentucky and 33.4% of the neighborhoods in the U.S.

The average rental price in Freemont / Hardmoney is currently $1,377, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.2% of Kentucky neighborhoods.

Freemont / Hardmoney is a remote neighborhood (based on population density) located in Paducah, Kentucky.

Freemont / Hardmoney real estate 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 owner occupied. Many of the residences in the Freemont / Hardmoney 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 Freemont / Hardmoney. The current real estate vacancy rate here is 25.3%. This is higher than the rate of vacancies in 92.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. 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 Paducah, the Freemont / Hardmoney neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research reveals that 94.7% of commuters who live in the Freemont / Hardmoney neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.4% of U.S. neighborhoods.

People

The Freemont / Hardmoney neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 7.7% of family-friendly neighborhoods in the state of Kentucky. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools.

Diversity

Did you know that the Freemont / Hardmoney neighborhood has more Austrian and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Austrian ancestry and 1.6% have Canadian ancestry.

The Neighbors

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 Freemont / Hardmoney neighborhood in Paducah are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.3% of the neighborhoods in America. With 12.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.8% of U.S. neighborhoods.

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 Freemont / Hardmoney neighborhood, 35.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.4%), and 19.5% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Freemont / Hardmoney neighborhood is English, spoken by 96.5% of households. Some people also speak Spanish (3.2%).

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 Freemont / Hardmoney neighborhood in Paducah, KY, residents most commonly identify their ethnicity or ancestry as English (12.0%). There are also a number of people of German ancestry (11.1%), and residents who report Irish roots (10.2%), and some of the residents are also of Italian ancestry (5.8%), along with some Mexican ancestry residents (1.9%), among others.

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 Freemont / Hardmoney neighborhood spend under 15 minutes commuting one-way to work (47.8% of working residents), one of the shortest commutes across America.

Here most residents (94.7%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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Migration & Mobility
Race & Ethnic Diversity
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Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
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Schools include:
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