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Real Estate Prices & Overview

City Center / Montgomery median real estate price is $122,988, which is less expensive than 81.6% of Kentucky neighborhoods and 91.1% of all U.S. neighborhoods.

The average rental price in City Center / Montgomery is currently $1,064, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.9% of Kentucky neighborhoods.

City Center / Montgomery is a remote neighborhood (based on population density) located in Cadiz, Kentucky.

City Center / Montgomery 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 City Center / Montgomery neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 6.1% in City Center / Montgomery. NeighborhoodScout analysis shows that this rate is lower than 59.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

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 City Center / Montgomery neighborhood in Cadiz are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.6% of U.S. neighborhoods. With 22.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.8% of U.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 City Center / Montgomery neighborhood, 29.8% 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 27.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.9%), and 20.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the City Center / Montgomery neighborhood is English, spoken by 96.0% of households. Some people also speak Spanish (3.7%).

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 City Center / Montgomery neighborhood in Cadiz, KY, residents most commonly identify their ethnicity or ancestry as English (12.8%). There are also a number of people of Irish ancestry (10.2%), and residents who report German roots (5.3%), and some of the residents are also of Puerto Rican ancestry (3.1%), along with some Polish ancestry residents (2.5%), 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 City Center / Montgomery neighborhood spend under 15 minutes commuting one-way to work (40.1% of working residents), one of the shortest commutes across America.

Here most residents (82.6%) 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.


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