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Real Estate Prices & Overview

Madisonville East median real estate price is $98,734, which is less expensive than 90.1% of Kentucky neighborhoods and 95.0% of all U.S. neighborhoods.

The average rental price in Madisonville East is currently $1,255, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.8% of Kentucky neighborhoods.

Madisonville East is a suburban neighborhood (based on population density) located in Madisonville, Kentucky.

Madisonville East 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 occupied by a mixture of owners and renters. Many of the residences in the Madisonville East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Madisonville East. The current real estate vacancy rate here is 16.2%. This is higher than the rate of vacancies in 80.4% 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Madisonville East neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 67.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

Divorcees may find friendship and understanding in this neighborhood, as 22.5% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.9% of the neighborhoods in America.

In addition, one of the unique characteristics of the Madisonville East neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.9% of the neighborhoods in America. Also of note, 64.1% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Madisonville East neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.4% of all American neighborhoods.

Diversity

Did you know that the Madisonville East neighborhood has more British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have British ancestry.

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 Madisonville East neighborhood in Madisonville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.9% of U.S. neighborhoods. With 64.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.7% 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 Madisonville East neighborhood, 38.4% 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 25.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.1%), and 16.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Madisonville East neighborhood is English, spoken by 88.6% of households. Some people also speak Spanish (11.0%).

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 Madisonville East neighborhood in Madisonville, KY, residents most commonly identify their ethnicity or ancestry as Mexican (11.7%). There are also a number of people of German ancestry (9.6%), and residents who report Irish roots (7.9%), and some of the residents are also of English ancestry (7.2%), along with some British ancestry residents (2.3%), 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 Madisonville East neighborhood spend under 15 minutes commuting one-way to work (67.1% of working residents), one of the shortest commutes across America.

Here most residents (86.4%) 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 (9.5%) . 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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Economics & Demographics include:
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Schools include:
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