About Louisville, KY (W Oak St / S 3rd St)


Real Estate Prices and Overview

W Oak St / S 3rd St median real estate price is $309,964, which is more expensive than 74.3% of the neighborhoods in Kentucky and 51.7% of the neighborhoods in the U.S.

The average rental price in W Oak St / S 3rd St is currently $620, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.3% of Kentucky neighborhoods.

W Oak St / S 3rd St is an urban neighborhood (based on population density) located in Louisville, Kentucky.

W Oak St / S 3rd St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the W Oak St / S 3rd St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in W Oak St / S 3rd St. The current real estate vacancy rate here is 18.6%. This is higher than the rate of vacancies in 82.7% 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

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 Louisville, the W Oak St / S 3rd St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Notable & Unique: People

The W Oak St / S 3rd St neighborhood stands out for having an average per capita income lower than 99.3% of the neighborhoods in the United States. In a nation where 1 out of every 4 children lives in poverty, the W Oak St / S 3rd St neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 75.8%. This is a higher percent living alone than we found in 99.9% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Also, with a nice mix of college students, safety from crime, and decent walkability, the W Oak St / S 3rd St neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.2% of the neighborhoods in KY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Notable & Unique: Occupations

With 2.6% of employed workers living in the W Oak St / S 3rd St neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.1% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Notable & Unique: Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the W Oak St / S 3rd St neighborhood is a fantastic option for bicycle commuters, as 4.3% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.9% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 95.4% of U.S. neighborhoods.

Notable & Unique: Real Estate

The W Oak St / S 3rd St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 85.8% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, 87.3% of the real estate in the W Oak St / S 3rd St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Notable & Unique: Car Ownership

American households most often have a car, and regularly they have two or three. But households in the W Oak St / S 3rd St neighborhood buck this trend. 22.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.6% of U.S. neighborhoods.

Notable & Unique: Diversity

Did you know that the W Oak St / S 3rd St neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Scots-Irish ancestry.


The Neighbors

The Neighbors: Income

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 W Oak St / S 3rd St neighborhood in Louisville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.3% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

The Neighbors: Occupations

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 W Oak St / S 3rd St neighborhood, 35.4% 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 22.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.0%), and 20.7% in manufacturing and laborer occupations.

The Neighbors: Languages

The most common language spoken in the W Oak St / S 3rd St neighborhood is English, spoken by 96.7% of households.

The Neighbors: 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 W Oak St / S 3rd St neighborhood in Louisville, KY, residents most commonly identify their ethnicity or ancestry as English (14.5%). There are also a number of people of German ancestry (14.0%), and residents who report Irish roots (8.8%), and some of the residents are also of Puerto Rican ancestry (4.4%), along with some Polish ancestry residents (3.5%), 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 W Oak St / S 3rd St neighborhood spend between 15 and 30 minutes commuting one-way to work (37.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (62.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (14.6%) and 9.3% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Neighborhood Real Estate Data

Analytics built by:   Location, Inc.

Raw data sources:   National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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Rental Market

 

Average Market Rent:
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GROSS RENTAL YIELD:
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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Louisville, KY (W Oak St / S 3rd St) HOMES

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TYPE OF Louisville, KY (W Oak St / S 3rd St) HOMES

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SIZE OF Louisville, KY (W Oak St / S 3rd St) HOMES

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SIZE OF Louisville, KY (W Oak St / S 3rd St) HOMES

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homeownership

 
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Neighborhood Demographics Data

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.

Date(s) & Update Frequency:   2019 (latest available). Updated annually. Please note: Unemployment data updated May 2021.

Methodology:   Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data

Lifestyle

 
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Special character

 
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Age / Marital Status

 

Gender Ratio

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Military & College Status

 
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Employment Industries in W Oak St / S 3rd St

 
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Commute to work

 

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Vehicles Per Household

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Migration & Mobility

 

Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 

Ancestries & Languages Spoken

 

Ancestry (top 20)

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Languages Spoken (top 20)

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Unemployment Rate

 
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Average Income

 

Per Capita Income

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Median Household Income

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Education

 

Percent with College Degree

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Percent with Advanced Degree

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Income & Education

 
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Neighborhood Crime Data

Analytics built by:   Location, Inc.

Raw data sources:   18,000 local law enforcement agencies in the U.S.

Date(s) & Update Frequency:   Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 data?

Methodology:   Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data

Neighborhood Crime Data

 

total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type

Murder
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

Violent Crime Comparison (per 1,000 residents)

20 15 10 5 0
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LOCKED
2.17
National Median: 4
    W Oak St / S 3rd St
    Louisville
    Kentucky

My Chances of Becoming a Victim of a Violent Crime

1 in

in W Oak St / S 3rd St

1 in

in Louisville

1 in 461

in Kentucky

Louisville VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

United States VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

Property Crime Comparison (per 1,000 residents)

100 75 50 25 0
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18.97
National Median: 21
    W Oak St / S 3rd St
    Louisville
    Kentucky

My Chances of Becoming a Victim of a Property Crime

1 in

in W Oak St / S 3rd St

1 in

in Louisville

1 in 53

in Kentucky

Louisville Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

United States Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

200 150 100 50 0
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26
National Median: 28.3
    W Oak St / S 3rd St
    Louisville
    Kentucky

Neighborhood Public School Data

Analytics built by:   Location, Inc.

Raw data sources:
  • Test Scores: Edfacts (U.S. Department of Education), State departments of education.
  • Expenditures: National Center for Education Statistics.
  • Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
  • Due to Covid-19, standardized testing did not take place during the 2019-2020 academic school year. Test data: Reflects 2018 – 2019 school year.
  • Expenditures: 2018
  • Educational Environment: 2019 (latest available). Updated annually.
  • All data updated June 2021

Methodology:   Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data

School Rating Information

 

School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood

 
School Details Grades Quality Rating Compared to KY* Quality Rating Compared to Nation*
Eastern High School
12400 Old Shelbyville Rd
Middletown, KY 40243
09-12
Jeffersontown High School
9600 Old Six Mile Lane
Jeffersontown, KY 40299
09-12
Engelhard Elementary School
1004 S First St
Louisville, KY 40203
KG-05
Highland Middle School
1700 Norris Place
Louisville, KY 40205
06-08
* 10 is highest

Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

JEFFERSON COUNTY


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Kentucky

(10 is best)

Better than of KY school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT

SEE ALL SCHOOLS

Schools In This District

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

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