menu






Real Estate Prices & Overview

Versailles West median real estate price is $172,878, which is more expensive than 33.9% of the neighborhoods in Kentucky and 16.5% of the neighborhoods in the U.S.

The average rental price in Versailles West is currently $1,680, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.4% of the neighborhoods in Kentucky.

Versailles West is a rural neighborhood (based on population density) located in Versailles, Kentucky.

Versailles West real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Versailles West 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.

Home and apartment vacancy rates are 9.1% in Versailles West. NeighborhoodScout analysis shows that this rate is lower than 42.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Versailles, the Versailles West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of particular note, 3.1% of the people in the Versailles West neighborhood currently reside in a correction facility, held due to punishment for a crime.

Diversity

Did you know that the Versailles West neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Scots-Irish ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Versailles West neighborhood in Versailles are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.0% of U.S. neighborhoods. In addition, 4.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 66.9% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Versailles West neighborhood, 41.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.8%), and 10.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Versailles West neighborhood is English, spoken by 88.3% of households. Some people also speak Spanish (8.8%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Versailles West neighborhood in Versailles, KY, residents most commonly identify their ethnicity or ancestry as German (14.9%). There are also a number of people of Irish ancestry (9.9%), and residents who report Mexican roots (9.4%), and some of the residents are also of English ancestry (7.8%), along with some Scots-Irish ancestry residents (4.2%), 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 Versailles West neighborhood spend under 15 minutes commuting one-way to work (47.0% of working residents), one of the shortest commutes across America.

Here most residents (83.9%) 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 (7.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby