Fairway / Idle Hour median real estate price is $588,240, which is more expensive than 77.4% of the neighborhoods in Kentucky and 61.0% of the neighborhoods in the U.S.
The average rental price in Fairway / Idle Hour is currently $1,333, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.7% of Kentucky neighborhoods.
Fairway / Idle Hour is a suburban neighborhood (based on population density) located in Lexington, Kentucky.
Fairway / Idle Hour 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 Fairway / Idle Hour neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Fairway / Idle Hour are 5.8%, which is lower than one will find in 60.3% of American neighborhoods. Demand for real estate in Fairway / Idle Hour is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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.
Astoundingly, the Fairway / Idle Hour neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 96.5% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Lexington neighborhood.
Did you know that the Fairway / Idle Hour neighborhood has more Scots-Irish and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.9% of this neighborhood's residents have Scots-Irish ancestry and 2.3% have British ancestry.
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 Fairway / Idle Hour neighborhood in Lexington are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.3% of U.S. neighborhoods. In addition, 3.2% 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 70.4% of America'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 Fairway / Idle Hour neighborhood, 53.1% 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 25.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.3%), and 6.4% in government jobs, whether they are in local, state, or federal positions.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Fairway / Idle Hour neighborhood is English, spoken by 97.1% of households. Other important languages spoken here include Italian and Spanish.
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 Fairway / Idle Hour neighborhood in Lexington, KY, residents most commonly identify their ethnicity or ancestry as Irish (18.1%). There are also a number of people of German ancestry (13.2%), and residents who report English roots (12.7%), and some of the residents are also of Scots-Irish ancestry (5.9%), along with some British 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 Fairway / Idle Hour neighborhood spend under 15 minutes commuting one-way to work (55.6% of working residents), one of the shortest commutes across America.
Here most residents (81.6%) 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.