Million median real estate price is $265,202, which is more expensive than 60.2% of the neighborhoods in Kentucky and 33.4% of the neighborhoods in the U.S.
The average rental price in Million is currently $1,360, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.7% of Kentucky neighborhoods.
Million is a rural neighborhood (based on population density) located in Richmond, Kentucky.
Million real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Million 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.
Home and apartment vacancy rates are 8.3% in Million. NeighborhoodScout analysis shows that this rate is lower than 46.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
An extraordinary 12.6% of the residents of the Million neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
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 Million neighborhood in Richmond are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.0% of U.S. neighborhoods. With 19.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.1% 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 Million neighborhood, 43.1% of the working population is employed in executive, management, and professional 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 27.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.4%), and 11.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Million neighborhood is English, spoken by 98.1% of households. Some people also speak Italian (2.4%).
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 Million neighborhood in Richmond, KY, residents most commonly identify their ethnicity or ancestry as German (18.2%). There are also a number of people of English ancestry (17.2%), and residents who report Irish roots (12.8%), and some of the residents are also of Italian ancestry (5.0%), along with some Scots-Irish ancestry residents (2.6%), 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 Million neighborhood spend between 15 and 30 minutes commuting one-way to work (34.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.9%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.