Clovertown / Gatun median real estate price is $231,671, which is more expensive than 53.9% of the neighborhoods in Kentucky and 27.1% of the neighborhoods in the U.S.
The average rental price in Clovertown / Gatun is currently $1,024, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 94.1% of Kentucky neighborhoods.
Clovertown / Gatun is a rural neighborhood (based on population density) located in Harlan, Kentucky.
Clovertown / Gatun 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 occupied by a mixture of owners and renters. Many of the residences in the Clovertown / Gatun neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Clovertown / Gatun. The current real estate vacancy rate here is 20.7%. This is higher than the rate of vacancies in 87.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
For many reasons, Clovertown / Gatun is rated by NeighborhoodScout as one of the top 1.8% of ideal neighborhoods for first-time home buyers in the state of Kentucky. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other KY neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for college students and active retirees.
In addition, with more than 1.9% of residents living with a same sex partner, Clovertown / Gatun is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.4% of U.S. neighborhoods.
Also, neighborhoodScout's analysis shows that the Clovertown / Gatun neighborhood has a greater concentration of residents currently enrolled in college than 95.8% of the neighborhoods in the U.S. With 11.9% of the population here attending college, this is very much a college-focused neighborhood.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Clovertown / Gatun neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Clovertown / Gatun neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.6% 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 96.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Significantly, 3.0% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 96.5% of the neighborhoods in America.
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 Clovertown / Gatun neighborhood in Harlan are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.8% of U.S. neighborhoods. In addition, 1.8% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 76.0% of America'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 Clovertown / Gatun neighborhood, 46.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 18.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.5%), and 16.1% in manufacturing and laborer occupations.
The most common language spoken in the Clovertown / Gatun neighborhood is English, spoken by 97.0% of households. Some people also speak Vietnamese (3.0%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Clovertown / Gatun neighborhood in Harlan, KY, residents most commonly identify their ethnicity or ancestry as Irish (16.7%). There are also a number of people of English ancestry (14.7%), and residents who report German roots (7.7%), and some of the residents are also of Asian ancestry (2.9%), along with some French ancestry residents (2.3%), among others.
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 Clovertown / Gatun neighborhood spend under 15 minutes commuting one-way to work (62.6% of working residents), one of the shortest commutes across America.
Here most residents (73.0%) 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 (15.9%) and 5.3% of residents also hop out the door and walk to work 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.