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Real Estate Prices & Overview

Old Owensboro median real estate price is $128,485, which is less expensive than 82.9% of Kentucky neighborhoods and 92.1% of all U.S. neighborhoods.

The average rental price in Old Owensboro is currently $1,234, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.5% of Kentucky neighborhoods.

Old Owensboro is a suburban neighborhood (based on population density) located in Owensboro, Kentucky.

Old Owensboro real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Old Owensboro neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 8.8% in Old Owensboro. NeighborhoodScout analysis shows that this rate is lower than 41.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

People

Divorcees may find friendship and understanding in this neighborhood, as 30.0% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.8% of the neighborhoods in America.

In addition, one of the unique characteristics of the Old Owensboro neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.3% of the neighborhoods in America. The Old Owensboro neighborhood also has a greater percentage of children living in poverty (70.7%) than found in 98.6% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Also, neighborhoodScout's exclusive research revealed that 92.3% of the adult residents in the Old Owensboro neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.2% of the neighborhoods in America.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Old Owensboro neighborhood is a fantastic option for bicycle commuters, as 9.0% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.5% of the neighborhoods in America.

Occupations

There are more people living in the Old Owensboro neighborhood employed as sales and service workers (62.1%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Old Owensboro neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Old Owensboro neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 59.3% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.

The Neighbors

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 Old Owensboro neighborhood in Owensboro are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.3% of U.S. neighborhoods. With 70.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.6% 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 Old Owensboro neighborhood, 37.9% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.3%), and 11.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Old Owensboro neighborhood is English, spoken by 94.8% of households.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Old Owensboro neighborhood in Owensboro, KY, residents most commonly identify their ethnicity or ancestry as Irish (14.0%). There are also a number of people of English ancestry (4.5%), and residents who report German roots (3.5%), and some of the residents are also of Asian ancestry (3.1%), along with some French ancestry residents (2.4%), among others.

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 Old Owensboro neighborhood spend under 15 minutes commuting one-way to work (59.3% of working residents), one of the shortest commutes across America.

Here most residents (77.0%) drive alone in a private automobile to get to work. In addition, quite a number also bicycle to get to work (9.0%) and 6.2% 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.

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