Crescent Park median real estate price is $351,750, which is more expensive than 76.9% of the neighborhoods in Kentucky and 46.2% of the neighborhoods in the U.S.
The average rental price in Crescent Park is currently $1,509, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.3% of Kentucky neighborhoods.
Crescent Park is a suburban neighborhood (based on population density) located in Fort Mitchell, Kentucky.
Crescent Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Crescent Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Crescent Park, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 82.4% of all neighborhoods in the U.S. This means that the housing supply in Crescent Park is very tight compared to the demand for property here.
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 Fort Mitchell, the Crescent Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Crescent Park neighborhood has more German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 39.8% of this neighborhood's residents have German ancestry.
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 Crescent Park neighborhood in Fort Mitchell are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.8% of the neighborhoods in America. With 14.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.2% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Crescent Park neighborhood, 42.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 29.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.4%), and 9.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the Crescent Park neighborhood is English, spoken by 93.4% of households. Some people also speak Spanish (4.6%).
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 Crescent Park neighborhood in Fort Mitchell, KY, residents most commonly identify their ethnicity or ancestry as German (39.8%). There are also a number of people of Irish ancestry (20.4%), and residents who report English roots (5.6%), and some of the residents are also of Scottish ancestry (4.4%), along with some Asian ancestry residents (3.8%), 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 Crescent Park neighborhood spend between 15 and 30 minutes commuting one-way to work (44.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (88.6%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.