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Real Estate Prices & Overview

City Center / Swanpond median real estate price is $232,820, which is more expensive than 51.3% of the neighborhoods in Kentucky and 28.2% of the neighborhoods in the U.S.

The average rental price in City Center / Swanpond is currently $1,251, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.7% of Kentucky neighborhoods.

City Center / Swanpond is a rural neighborhood (based on population density) located in Barbourville, Kentucky.

City Center / Swanpond real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center / Swanpond neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in City Center / Swanpond. The current real estate vacancy rate here is 19.1%. This is higher than the rate of vacancies in 85.5% 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the City Center / Swanpond neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 44.6% of the households here have four, five, or more cars. That is more cars per household than in 99.1% of the neighborhoods in the nation.

People

Of particular note, 8.5% of the people in the City Center / Swanpond neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, one of the really interesting characteristics about the City Center / Swanpond neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 4.4% of college-friendly places to live in the state of Kentucky.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The City Center / Swanpond neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the City Center / Swanpond neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 68.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the City Center / Swanpond neighborhood has more Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Eastern European ancestry.

The Neighbors

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 City Center / Swanpond neighborhood in Barbourville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. With 52.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.8% of U.S. neighborhoods.

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 City Center / Swanpond neighborhood, 45.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 24.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.4%), and 12.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the City Center / Swanpond neighborhood is English, spoken by 99.5% of households.

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 / Swanpond neighborhood in Barbourville, KY, residents most commonly identify their ethnicity or ancestry as Irish (15.0%). There are also a number of people of English ancestry (13.2%), and residents who report German roots (4.9%), and some of the residents are also of Eastern European ancestry (1.9%).

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 City Center / Swanpond neighborhood spend under 15 minutes commuting one-way to work (68.5% of working residents), one of the shortest commutes across America.

Here most residents (86.7%) 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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