Hallmark median real estate price is $153,739, which is less expensive than 74.2% of Kentucky neighborhoods and 87.4% of all U.S. neighborhoods.
The average rental price in Hallmark is currently $951, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.8% of Kentucky neighborhoods.
Hallmark is a suburban neighborhood (based on population density) located in Louisville, Kentucky.
Hallmark real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Hallmark neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in Hallmark are 3.2%, which is lower than one will find in 76.7% of American neighborhoods. Demand for real estate in Hallmark 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.
One of the unique characteristics of the Hallmark neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.0% of the neighborhoods in America.
In addition, one of the most interesting things about the Hallmark neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 51.1% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.9% of the neighborhoods in America.
Our research revealed that more commuters here take the bus to work (10.8% ride the bus) than 95.8% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Significantly, 3.0% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 97.1% of the neighborhoods in America.
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 Hallmark neighborhood in Louisville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.0% of U.S. neighborhoods. With 13.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.3% 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 Hallmark neighborhood, 47.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 23.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.1%), and 11.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Hallmark neighborhood is English, spoken by 99.7% of households. Some people also speak African languages (3.0%).
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 Hallmark neighborhood in Louisville, KY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (4.4%). There are also a number of people of African ancestry (4.4%), and residents who report Irish roots (2.8%), and some of the residents are also of English ancestry (2.5%), along with some German ancestry residents (1.8%), 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 Hallmark neighborhood spend under 15 minutes commuting one-way to work (32.5% of working residents), one of the shortest commutes across America.
Here most residents (75.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (10.8%) and 9.2% 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.