Klondike / City Center median real estate price is $251,963, which is more expensive than 55.8% of the neighborhoods in Kentucky and 29.1% of the neighborhoods in the U.S.
The average rental price in Klondike / City Center is currently $1,165, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.8% of Kentucky neighborhoods.
Klondike / City Center is a rural neighborhood (based on population density) located in Mount Sterling, Kentucky.
Klondike / City Center 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 Klondike / City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Real estate vacancies in Klondike / City Center are 3.2%, which is lower than one will find in 76.8% of American neighborhoods. Demand for real estate in Klondike / City Center 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.
If you are planning to retire in Kentucky, this neighborhood should be on your must-see list. For many reasons, Klondike / City Center 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 98.0% of neighborhoods in KY. If a Kentucky retirement is in your future, this neighborhood should be one of the places you visit.
In addition, of particular note, 2.8% of the people in the Klondike / City Center neighborhood currently reside in a correction facility, held due to punishment for a crime.
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 Klondike / City Center neighborhood in Mount Sterling are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.2% of U.S. neighborhoods. With 18.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.6% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Klondike / City Center neighborhood, 35.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 33.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.0%), and 14.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Klondike / City Center neighborhood is English, spoken by 99.7% of households.
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 Klondike / City Center neighborhood in Mount Sterling, KY, residents most commonly identify their ethnicity or ancestry as English (21.1%). There are also a number of people of Irish ancestry (12.1%), and residents who report German roots (7.4%).
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 Klondike / City Center neighborhood spend under 15 minutes commuting one-way to work (43.8% of working residents), one of the shortest commutes across America.
Here most residents (83.1%) 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 (7.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.