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Real Estate Prices & Overview

Elsinore / Switzer median real estate price is $293,319, which is more expensive than 68.0% of the neighborhoods in Kentucky and 36.7% of the neighborhoods in the U.S.

The average rental price in Elsinore / Switzer is currently $1,087, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.9% of Kentucky neighborhoods.

Elsinore / Switzer is a remote neighborhood (based on population density) located in Frankfort, Kentucky.

Elsinore / Switzer real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Elsinore / Switzer 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.

Real estate vacancies in Elsinore / Switzer are 3.0%, which is lower than one will find in 78.0% of American neighborhoods. Demand for real estate in Elsinore / Switzer is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Of note is NeighborhoodScout's research finding that the Elsinore / Switzer neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Elsinore / Switzer community truly stands out from the rest in this regard.

In addition, if you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Elsinore / Switzer neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 14.7% executive lifestyle neighborhoods in the state of Kentucky.

Occupations

The Elsinore / Switzer neighborhood has a greater proportion of government workers living in it than 99.3% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 95.2% of all neighborhoods in America, with 29.9% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Diversity

Did you know that the Elsinore / Switzer neighborhood has more Scottish and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.9% of this neighborhood's residents have Scottish ancestry and 1.7% have Danish 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 Elsinore / Switzer neighborhood in Frankfort are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.5% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Elsinore / Switzer neighborhood, 38.9% 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 25.1% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (21.7%), and 19.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Elsinore / Switzer neighborhood is English, spoken by 96.6% of households.

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 Elsinore / Switzer neighborhood in Frankfort, KY, residents most commonly identify their ethnicity or ancestry as English (20.6%). There are also a number of people of Irish ancestry (9.2%), and residents who report German roots (9.1%), and some of the residents are also of Scottish ancestry (5.9%), along with some Spanish ancestry residents (2.2%), among others.

Getting to Work

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 Elsinore / Switzer neighborhood spend between 30 and 45 minutes commuting one-way to work (32.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (82.9%) 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.

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