Frankfort South median real estate price is $330,314, which is more expensive than 67.2% of the neighborhoods in Kentucky and 40.4% of the neighborhoods in the U.S.
The average rental price in Frankfort South is currently $1,539, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.7% of the neighborhoods in Kentucky.
Frankfort South is a suburban neighborhood (based on population density) located in Frankfort, Kentucky.
Frankfort South 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 owner occupied. Many of the residences in the Frankfort South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Frankfort South are 3.9%, which is lower than one will find in 73.2% of American neighborhoods. Demand for real estate in Frankfort South 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.
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.
Of note is NeighborhoodScout's research finding that the Frankfort South 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 Frankfort South community truly stands out from the rest in this regard.
In addition, astoundingly, the Frankfort South neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 99.6% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Frankfort neighborhood.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Frankfort South neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 19.4% of its workforce, this neighborhood has a greater concentration of government workers than 98.9% of U.S. neighborhoods.
More people ride the bus in this neighborhood each day to get to work than 96.2% of U.S. neighborhoods.
Did you know that the Frankfort South neighborhood has more Iranian and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Iranian ancestry and 3.1% have French Canadian 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 Frankfort South neighborhood in Frankfort are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.6% 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.
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 Frankfort South neighborhood, 50.3% 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 26.5% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (19.4%), and 13.9% in clerical, assistant, and tech support occupations.
The most common language spoken in the Frankfort South neighborhood is English, spoken by 87.3% of households. Some people also speak Spanish (8.5%).
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 Frankfort South neighborhood in Frankfort, KY, residents most commonly identify their ethnicity or ancestry as English (15.8%). There are also a number of people of German ancestry (14.3%), and residents who report Irish roots (6.5%), and some of the residents are also of French Canadian ancestry (3.1%), along with some French ancestry residents (2.3%), among others. In addition, 10.3% of the residents of this neighborhood were born in another country.
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 Frankfort South neighborhood spend under 15 minutes commuting one-way to work (42.5% of working residents), one of the shortest commutes across America.
Here most residents (78.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (11.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.