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Real Estate Prices & Overview

Elizabethtown Northwest median real estate price is $328,943, which is more expensive than 76.5% of the neighborhoods in Kentucky and 46.1% of the neighborhoods in the U.S.

The average rental price in Elizabethtown Northwest is currently $1,282, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.5% of Kentucky neighborhoods.

Elizabethtown Northwest is a suburban neighborhood (based on population density) located in Elizabethtown, Kentucky.

Elizabethtown Northwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Elizabethtown Northwest 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.

Real estate vacancies in Elizabethtown Northwest are 5.7%, which is lower than one will find in 61.6% of American neighborhoods. Demand for real estate in Elizabethtown Northwest is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

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 Elizabethtown Northwest neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 17.1% of its workforce, this neighborhood has a greater concentration of government workers than 98.1% of U.S. neighborhoods.

Furthermore, the Elizabethtown Northwest neighborhood stands out nationally for having a greater proportion of its residents active in the military than 96.3% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

People

If you're nearing retirement age, or in retirement, the Elizabethtown Northwest is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 7.4% of retiree-friendly neighborhoods in Kentucky, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Kentucky. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for college students.

Diversity

Did you know that the Elizabethtown Northwest neighborhood has more Belgian 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 Belgian ancestry and 1.4% have Canadian ancestry.

Elizabethtown Northwest is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 95.5% of the neighborhoods in America.

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 Elizabethtown Northwest neighborhood in Elizabethtown are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.4% of U.S. neighborhoods. With 23.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.6% 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 Elizabethtown Northwest neighborhood, 41.0% 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 21.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.1%), and 17.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Elizabethtown Northwest neighborhood is English, spoken by 94.0% of households.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Elizabethtown Northwest neighborhood in Elizabethtown, KY, residents most commonly identify their ethnicity or ancestry as German (19.3%). There are also a number of people of Irish ancestry (15.7%), and residents who report English roots (12.2%), and some of the residents are also of Asian ancestry (4.8%), along with some Norwegian ancestry residents (2.8%), among others.

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 Elizabethtown Northwest neighborhood spend under 15 minutes commuting one-way to work (46.9% of working residents), one of the shortest commutes across America.

Here most residents (76.8%) 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 (16.3%) . 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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