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Real Estate Prices & Overview

Median real estate price in the City Center of Jamestown is $230,057, which is more expensive than 57.1% of the neighborhoods in Kentucky and 29.0% of the neighborhoods in the U.S.

The average rental price in Jamestown City Center is currently $908, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.7% of Kentucky neighborhoods.

Jamestown City Center is a remote neighborhood (based on population density) located in Jamestown, Kentucky.

Real estate in the City Center of Jamestown, KY 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 City Center 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 Jamestown City Center. The current real estate vacancy rate here is 35.7%. This is higher than the rate of vacancies in 96.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (25.5%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, 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 Jamestown, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Despite all of the residential real estate here in the Jamestown City Center neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 35.7%, which is higher than 96.6% of all U.S. neighborhoods.

People

Divorcees may find friendship and understanding in this neighborhood, as 20.1% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 95.7% 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 City Center neighborhood in Jamestown are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.7% of U.S. neighborhoods. With 51.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.4% 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 Jamestown City Center neighborhood, 29.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.0%), and 18.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Jamestown City Center neighborhood is English, spoken by 98.8% of households.

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 City Center neighborhood in Jamestown, KY, residents most commonly identify their ethnicity or ancestry as English (17.7%). There are also a number of people of German ancestry (13.9%), and residents who report Irish roots (13.7%), and some of the residents are also of Scots-Irish ancestry (2.2%), along with some Italian ancestry residents (1.4%), 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 Jamestown City Center neighborhood spend under 15 minutes commuting one-way to work (46.5% of working residents), one of the shortest commutes across America.

Here most residents (83.5%) 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 (12.3%) . 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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