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 O'Bannon neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
Wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the O'Bannon neighborhood is wealthier than 95.4%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
sheer amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
As one would expect in a considerably wealthy neighborhood such as this,
O'Bannon also has one of the lowest ratings of child
poverty in the nation.
In addition, astoundingly, NeighborhoodScout's research reveals that this single
neighborhood has a higher concentration of married couples living here
than 98.8% of all U.S. neighborhoods. Whether they have
school-aged children or not, married couples are the rule in the
O'Bannon neighborhood. If you are a married couple, you may find many
people here with a similar lifestyle, and perhaps common interests. But if
you are single, you might not find many other singles here.
Also, one of the really interesting characteristics about the
O'Bannon 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 4.8% of college-friendly places to live in
the state of Kentucky.
In addition to being an excellent choice for college students, this
neighborhood is also a very good choice for highly educated executives, families with school-aged children and urban sophisticates.
Notable & Unique: Modes of Transportation
While most Americans do drive to work alone each day, the
O'Bannon neighborhood stands out by having 94.1% of commuters
doing so, which is a higher proportion of people driving alone to work
than NeighborhoodScout found in 96.5% of all American
Notable & Unique: Diversity
Significantly, 2.0% of its residents five years old and above primarily
speak Arabic at home. While this may seem like a small percentage, it is higher
than 95.9% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, with a real estate vacancy rate of only 0.0%, the O'Bannon neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
Furthermore, one way that the O'Bannon neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.5% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the O'Bannon neighborhood. A whopping 47.0% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.2% of the neighborhoods in the U.S. Everything here just feels new.