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Real Estate Prices & Overview

Ashland Southeast median real estate price is $141,935, which is less expensive than 71.3% of Kentucky neighborhoods and 85.7% of all U.S. neighborhoods.

The average rental price in Ashland Southeast is currently $1,409, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.2% of Kentucky neighborhoods.

Ashland Southeast is a suburban neighborhood (based on population density) located in Ashland, Kentucky.

Ashland Southeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Ashland Southeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Ashland Southeast has a 13.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 get around.

Modes of Transportation

In the Ashland Southeast neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.3% of commuters carpool here, which is more than in 96.8% of all U.S. neighborhoods.

Diversity

Did you know that the Ashland Southeast neighborhood has more Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.3% of this neighborhood's residents have Greek 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 Ashland Southeast neighborhood in Ashland are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.2% of the neighborhoods in America. With 21.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.4% 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 Ashland Southeast neighborhood, 36.7% 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 26.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.4%), and 12.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Ashland Southeast neighborhood is English, spoken by 94.6% of households. Some people also speak Spanish (4.2%).

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 Ashland Southeast neighborhood in Ashland, KY, residents most commonly identify their ethnicity or ancestry as English (11.4%). There are also a number of people of German ancestry (11.1%), and residents who report Irish roots (10.0%), and some of the residents are also of Mexican ancestry (8.0%), along with some Italian ancestry residents (5.9%), 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 Ashland Southeast neighborhood spend under 15 minutes commuting one-way to work (41.3% of working residents), one of the shortest commutes across America.

Here most residents (65.6%) 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 (24.3%) . 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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