Louisville, KY (U of Louisville / S 3rd St)




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U of Louisville / S 3rd St

NEIGHBORHOOD REPORT
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640 Vital Statistics. 26 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 6 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 1 Alert

Found
Crimes alerts

Crimes


67

Statistics

alerts 4 Alerts

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Schools alerts

Schools


65

Statistics

alerts 9 Alerts

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328

Statistics

alerts 6 Alerts

Found


About Louisville, KY (U of Louisville / S 3rd St)


Real Estate Prices and Overview

U of Louisville / S 3rd St median real estate price is $208,784, which is more expensive than 87.4% of the neighborhoods in Kentucky and 56.2% of the neighborhoods in the U.S.

The average rental price in U of Louisville / S 3rd St is currently $852, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.9% of the neighborhoods in Kentucky.

U of Louisville / S 3rd St is a suburban neighborhood (based on population density) located in Louisville, Kentucky.

U of Louisville / S 3rd St real estate is primarily made up of small (studio to two bedroom) to large (four, five or more 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 U of Louisville / 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 1940 and 1969.

U of Louisville / S 3rd St has a 11.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 U of Louisville / 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

An extraordinary 70.6% of the residents of the U of Louisville / S 3rd St neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, one of the unique characteristics of the U of Louisville / S 3rd St neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.2% of the neighborhoods in America.

Also, one of the really interesting characteristics about the U of Louisville / S 3rd St 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.

Notable & Unique: Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the U of Louisville / S 3rd St neighborhood. In the U of Louisville / S 3rd St neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Notable & Unique: Real Estate

The U of Louisville / 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 93.2% 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, renter-occupied real estate is dominant in the U of Louisville / S 3rd St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 97.7%, which is higher than 98.8% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Furthermore, one of the really unique and interesting things about the look and setting of the U of Louisville / S 3rd St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 65.8% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.0% of all neighborhoods in America.

Notable & Unique: Modes of Transportation

More people in U of Louisville / S 3rd St choose to walk to work each day (25.9%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Notable & Unique: Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the U of Louisville / S 3rd St neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.7% of all American neighborhoods.

Notable & Unique: Diversity

Did you know that the U of Louisville / S 3rd St neighborhood has more Native American and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Native American ancestry and 1.5% have Swiss ancestry.

U of Louisville / S 3rd St is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.


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 U of Louisville / 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 98.2% of U.S. neighborhoods. With 20.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.4% of U.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 U of Louisville / S 3rd St neighborhood, 46.2% 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 23.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.5%), and 10.4% in manufacturing and laborer occupations.

The Neighbors: 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 U of Louisville / S 3rd St neighborhood in Louisville, KY, residents most commonly identify their ethnicity or ancestry as German (27.5%). There are also a number of people of Irish ancestry (16.8%), and residents who report English roots (8.0%), and some of the residents are also of French ancestry (6.1%), along with some Italian ancestry residents (5.0%), among others.

The Neighbors: Languages

The most common language spoken in the U of Louisville / S 3rd St neighborhood is English, spoken by 93.2% of households. Some people also speak Native American languages (2.0%).

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 U of Louisville / S 3rd St neighborhood spend under 15 minutes commuting one-way to work (49.0% of working residents), one of the shortest commutes across America.

Here most residents (55.2%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (25.9%) and 11.7% of residents also carpool with coworkers, friends, or neighbors 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

44 Vital Statistics. 6 Condition Alerts found.

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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years of average rent needed to buy average home in this neighborhood
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Average Market Rent

 

Average Market Rent:
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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 (U of Louisville / S 3rd St) HOMES

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TYPE OF Louisville, KY (U of Louisville / S 3rd St) HOMES

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SIZE OF Louisville, KY (U of Louisville / S 3rd St) HOMES

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SIZE OF Louisville, KY (U of Louisville / S 3rd St) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 1 Condition Alert found.

Lifestyle

 
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Special character

 
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Age / Marital Status

 

Age

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Marital Status

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Gender Ratio

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Military & College Status

 
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Household Types

 

One person households

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Same Sex Partners

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Married Couple with Child

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Single Parent with Child

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Employment Industries in U of Louisville / S 3rd St

 
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Commute to work

 

Average One-way Commute Time

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 
Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (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

67 Vital Statistics. 4 Condition Alerts found.

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
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Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
U of Louisville / S 3rd St 0.101011101001110
Louisville 0.101011101001110
Kentucky 2.19
My Chances of Becoming a Victim of a Violent Crime

1 in

in U of Louisville / S 3rd St

1 in

in Louisville

1 in 457

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)

Crime
U of Louisville / S 3rd St 0.101011101001110
Louisville 0.101011101001110
Kentucky 21.78
My Chances of Becoming a Victim of a Property Crime

1 in

in U of Louisville / S 3rd St

1 in

in Louisville

1 in 46

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

Crime
U of Louisville / S 3rd St 0.101011101001110
Louisville 0.101011101001110
Kentucky 29

Neighborhood Public School Data

65 Vital Statistics. 9 Condition Alerts found.

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 *

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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.

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Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

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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