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Real Estate Prices & Overview

Jimtown median real estate price is $596,728, which is more expensive than 96.4% of the neighborhoods in Kentucky and 73.2% of the neighborhoods in the U.S.

The average rental price in Jimtown is currently $1,771, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.9% of the neighborhoods in Kentucky.

Jimtown is a remote neighborhood (based on population density) located in Lexington, Kentucky.

Jimtown 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 occupied by a mixture of owners and renters. Many of the residences in the Jimtown neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Jimtown. The current real estate vacancy rate here is 18.3%. This is higher than the rate of vacancies in 84.3% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Jimtown neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 7.2% of the workforce so employed, this neighborhood has a greater concentration of such workers than 98.2% of U.S. neighborhoods.

People

If you're nearing retirement age, or in retirement, the Jimtown is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.5% of retiree-friendly neighborhoods in Kentucky, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Kentucky. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives.

Real Estate

Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 39 residents per square mile, Jimtown is less crowded than 91.1% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Jimtown neighborhood in Lexington are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.3% of the neighborhoods in America. With 15.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.4% 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 Jimtown neighborhood, 42.5% 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 19.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.3%), and 13.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Jimtown neighborhood is English, spoken by 86.8% of households. Some people also speak Spanish (9.5%).

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 Jimtown neighborhood in Lexington, KY, residents most commonly identify their ethnicity or ancestry as Irish (17.1%). There are also a number of people of German ancestry (12.1%), and residents who report English roots (11.1%), and some of the residents are also of Mexican ancestry (7.6%), along with some Scottish ancestry residents (2.4%), among others. In addition, 10.8% of the residents of this neighborhood were born in another country.

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 Jimtown neighborhood spend under 15 minutes commuting one-way to work (39.6% of working residents), one of the shortest commutes across America.

Here most residents (72.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (6.2%) and 5.4% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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