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Real Estate Prices & Overview

Pleasure Ridge Park Northeast median real estate price is $165,422, which is more expensive than 33.8% of the neighborhoods in Kentucky and 16.5% of the neighborhoods in the U.S.

The average rental price in Pleasure Ridge Park Northeast is currently $1,225, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.9% of Kentucky neighborhoods.

Pleasure Ridge Park Northeast is a suburban neighborhood (based on population density) located in Louisville, Kentucky.

Pleasure Ridge Park Northeast 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 owner occupied. Many of the residences in the Pleasure Ridge Park Northeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Pleasure Ridge Park Northeast has a 14.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.4% 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 Pleasure Ridge Park Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Pleasure Ridge Park Northeast neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 7.6% of the workforce so employed, this neighborhood has a greater concentration of such workers than 98.4% of U.S. neighborhoods.

People

NeighborhoodScout's exclusive research revealed that 93.2% of the adult residents in the Pleasure Ridge Park Northeast neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.4% of the neighborhoods in America.

Diversity

Did you know that the Pleasure Ridge Park Northeast neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Cuban ancestry.

Pleasure Ridge Park Northeast is also pretty special linguistically. Significantly, 3.7% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 97.3% 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 Pleasure Ridge Park Northeast neighborhood in Louisville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.2% of U.S. neighborhoods. With 33.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.5% of U.S. neighborhoods.

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 Pleasure Ridge Park Northeast neighborhood, 34.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.2%), and 18.4% in executive, management, and professional occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Pleasure Ridge Park Northeast neighborhood is English, spoken by 91.5% of households. Other important languages spoken here include Spanish and Vietnamese.

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 Pleasure Ridge Park Northeast neighborhood in Louisville, KY, residents most commonly identify their ethnicity or ancestry as Irish (12.6%). There are also a number of people of German ancestry (11.5%), and residents who report English roots (4.9%), and some of the residents are also of Asian ancestry (3.7%), along with some Cuban ancestry residents (2.9%), 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 Pleasure Ridge Park Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (54.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.2%) 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 (16.0%) . 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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