Betsey / Frazer median real estate price is $275,742, which is more expensive than 56.2% of the neighborhoods in Kentucky and 31.8% of the neighborhoods in the U.S.
The average rental price in Betsey / Frazer is currently $1,151, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.6% of Kentucky neighborhoods.
Betsey / Frazer is a remote neighborhood (based on population density) located in Monticello, Kentucky.
Betsey / Frazer real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Betsey / Frazer 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.
Vacant apartments or homes are a major fact of life in Betsey / Frazer. The current real estate vacancy rate here is 43.9%. This is higher than the rate of vacancies in 98.3% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (35.5%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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 Monticello, the Betsey / Frazer neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Betsey / Frazer neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 42.3% of the households here have four, five, or more cars. That is more cars per household than in 98.7% of the neighborhoods in the nation.
If you are planning to retire in Kentucky, this neighborhood should be on your must-see list. For many reasons, Betsey / Frazer may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Kentucky, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.5% of neighborhoods in KY. If a Kentucky retirement is in your future, this neighborhood should be one of the places you visit.
Despite all of the residential real estate here in the Betsey / Frazer neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 43.9%, which is higher than 98.3% of all U.S. neighborhoods.
In addition, unpopulated, and rural, the Betsey / Frazer neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 91.9% of the neighborhoods in America.
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 Betsey / Frazer neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 13.1% of its workforce, this neighborhood has a greater concentration of government workers than 95.6% of U.S. neighborhoods.
Did you know that the Betsey / Frazer neighborhood has more Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Eastern European ancestry.
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 Betsey / Frazer neighborhood in Monticello are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.4% of U.S. neighborhoods. With 21.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.8% 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 Betsey / Frazer neighborhood, 43.2% 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 28.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.9%), and 13.1% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Betsey / Frazer neighborhood is English, spoken by 100.0% of households. Some people also speak Italian (2.2%).
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 Betsey / Frazer neighborhood in Monticello, KY, residents most commonly identify their ethnicity or ancestry as German (11.5%). There are also a number of people of English ancestry (11.5%), and residents who report Irish roots (7.8%), and some of the residents are also of French ancestry (2.5%), along with some Italian ancestry residents (2.4%), among others.
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 Betsey / Frazer neighborhood spend between 15 and 30 minutes commuting one-way to work (32.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (85.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.