Elk Lake Resort / Breck median real estate price is $289,579, which is more expensive than 67.4% of the neighborhoods in Kentucky and 36.1% of the neighborhoods in the U.S.
The average rental price in Elk Lake Resort / Breck is currently $1,157, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.0% of Kentucky neighborhoods.
Elk Lake Resort / Breck is a remote neighborhood (based on population density) located in Owenton, Kentucky.
Elk Lake Resort / Breck 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 Elk Lake Resort / Breck 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 Elk Lake Resort / Breck. The current real estate vacancy rate here is 23.9%. This is higher than the rate of vacancies in 92.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (14.2%). 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 Owenton, the Elk Lake Resort / Breck neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Elk Lake Resort / Breck neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 20.8% of its workforce, this neighborhood has a greater concentration of government workers than 99.2% of U.S. neighborhoods.
One of the notable things about Elk Lake Resort / Breck is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
If you're nearing retirement age, or in retirement, the Elk Lake Resort / Breck is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 7.4% 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.
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 Elk Lake Resort / Breck neighborhood in Owenton are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 51.8% of the neighborhoods in America. With 19.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.2% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Elk Lake Resort / Breck neighborhood, 30.1% of the working population is employed in manufacturing and laborer 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 27.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.0%), and 20.8% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Elk Lake Resort / Breck neighborhood is English, spoken by 99.3% of households.
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 Elk Lake Resort / Breck neighborhood in Owenton, KY, residents most commonly identify their ethnicity or ancestry as German (23.3%). There are also a number of people of Irish ancestry (15.5%), and residents who report English roots (11.1%), and some of the residents are also of Scottish ancestry (3.7%).
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 Elk Lake Resort / Breck neighborhood spend between 45 minutes and one hour commuting one-way to work (41.7% of working residents), longer and tougher than most commutes in America.
Here most residents (81.2%) 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 (5.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.