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Real Estate Prices & Overview

Breckinridge / Colemansville median real estate price is $221,656, which is more expensive than 59.0% of the neighborhoods in Kentucky and 30.4% of the neighborhoods in the U.S.

The average rental price in Breckinridge / Colemansville is currently $1,344, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.6% of Kentucky neighborhoods.

Breckinridge / Colemansville is a rural neighborhood (based on population density) located in Berry, Kentucky.

Breckinridge / Colemansville 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 Breckinridge / Colemansville 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 Breckinridge / Colemansville. The current real estate vacancy rate here is 19.5%. This is higher than the rate of vacancies in 85.1% 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

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.

Occupations

NeighborhoodScout's exclusive research identifies the Breckinridge / Colemansville neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 41.9% of its working residents employed in such fields, which is a higher proportion than 95.3% of American neighborhoods.

Real Estate

This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 29 people per square mile living here, this neighborhood is less crowded than 92.9% of America.

Diversity

Did you know that the Breckinridge / Colemansville neighborhood has more Ukrainian and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.1% of this neighborhood's residents have Ukrainian ancestry and 0.9% have Belgian 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 Breckinridge / Colemansville neighborhood in Berry are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.0% of U.S. neighborhoods. With 10.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.4% 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 Breckinridge / Colemansville neighborhood, 41.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 22.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.3%), and 15.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Breckinridge / Colemansville neighborhood is English, spoken by 98.3% of households. Some people also speak Italian (3.3%).

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 Breckinridge / Colemansville neighborhood in Berry, KY, residents most commonly identify their ethnicity or ancestry as German (13.8%). There are also a number of people of Irish ancestry (11.5%), and residents who report English roots (11.3%), and some of the residents are also of Italian ancestry (4.4%), along with some Ukrainian ancestry residents (4.1%), 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 Breckinridge / Colemansville neighborhood spend between 15 and 30 minutes commuting one-way to work (34.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (83.8%) 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 (13.1%) . 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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