Richmond Northeast median real estate price is $352,282, which is more expensive than 76.0% of the neighborhoods in Kentucky and 45.4% of the neighborhoods in the U.S.
The average rental price in Richmond Northeast is currently $1,487, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.4% of the neighborhoods in Kentucky.
Richmond Northeast is a suburban neighborhood (based on population density) located in Richmond, Kentucky.
Richmond Northeast 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 occupied by a mixture of owners and renters. Many of the residences in the Richmond Northeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Richmond Northeast has a 12.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
The first thing that you'll notice if you moved to this neighborhood is that an astounding 3.1% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.2% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Richmond Northeast neighborhood should definitely be on your list of places to consider.
Homes built from 2000 through today make up a higher proportion of the Richmond Northeast neighborhood's real estate landscape than 95.8% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 73.5% of the residential real estate here is classified as newer.
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 Richmond Northeast neighborhood in Richmond are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.4% of the neighborhoods in America. With 11.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.0% 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 Richmond Northeast neighborhood, 45.0% 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 24.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.3%), and 13.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Richmond Northeast neighborhood is English, spoken by 99.0% 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 Richmond Northeast neighborhood in Richmond, KY, residents most commonly identify their ethnicity or ancestry as English (16.0%). There are also a number of people of Irish ancestry (9.3%), and residents who report German roots (7.4%), and some of the residents are also of French ancestry (1.8%), along with some Italian ancestry residents (1.7%), 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 Richmond Northeast neighborhood spend under 15 minutes commuting one-way to work (32.1% of working residents), one of the shortest commutes across America.
Here most residents (85.1%) 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.