Boatwright / Faxon median real estate price is $179,389, which is more expensive than 44.2% of the neighborhoods in Kentucky and 23.2% of the neighborhoods in the U.S.
The average rental price in Boatwright / Faxon is currently $1,263, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.3% of Kentucky neighborhoods.
Boatwright / Faxon is a rural neighborhood (based on population density) located in Murray, Kentucky.
Boatwright / Faxon real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Boatwright / Faxon neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Boatwright / Faxon has a 14.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.5% 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.
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 Murray, the Boatwright / Faxon neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you're planning where to retire, the Boatwright / Faxon neighborhood in Murray is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in KY, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 85.1% of the neighborhoods in Kentucky. If you are considering retiring to Kentucky, this is a good neighborhood to look at.
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 Boatwright / Faxon neighborhood in Murray are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.4% of U.S. neighborhoods. With 13.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.3% 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 Boatwright / Faxon neighborhood, 30.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (27.4%), and 11.2% in clerical, assistant, and tech support occupations.
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 Boatwright / Faxon neighborhood is English, spoken by 98.0% of households. Other important languages spoken here include Polish and Spanish.
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 Boatwright / Faxon neighborhood in Murray, KY, residents most commonly identify their ethnicity or ancestry as English (17.5%). There are also a number of people of German ancestry (13.0%), and residents who report Irish roots (8.2%), and some of the residents are also of French ancestry (4.7%), along with some Mexican ancestry residents (2.3%), among others.
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 Boatwright / Faxon neighborhood spend between 15 and 30 minutes commuting one-way to work (57.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (86.7%) 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 (8.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.