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Real Estate Prices & Overview

Prairie Village median real estate price is $298,143, which is more expensive than 71.1% of the neighborhoods in Kentucky and 39.3% of the neighborhoods in the U.S.

The average rental price in Prairie Village is currently $1,654, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.7% of the neighborhoods in Kentucky.

Prairie Village is a suburban neighborhood (based on population density) located in Louisville, Kentucky.

Prairie Village 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 owner occupied. Many of the residences in the Prairie Village neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 8.4% in Prairie Village. NeighborhoodScout analysis shows that this rate is lower than 46.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

Diversity

Did you know that the Prairie Village neighborhood has more Scottish and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.9% of this neighborhood's residents have Scottish ancestry and 2.1% have Lithuanian ancestry.

The Neighbors

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 Prairie Village neighborhood in Louisville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.3% of the neighborhoods in America. With 18.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.3% 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 Prairie Village neighborhood, 29.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (27.4%), and 13.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Prairie Village neighborhood is English, spoken by 95.6% of households. Some people also speak Spanish (2.6%).

Ethnicity / Ancestry

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 Prairie Village neighborhood in Louisville, KY, residents most commonly identify their ethnicity or ancestry as German (17.6%). There are also a number of people of Irish ancestry (14.0%), and residents who report English roots (9.4%), and some of the residents are also of Scottish ancestry (7.9%), along with some French ancestry residents (2.3%), among others.

Getting to Work

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 Prairie Village neighborhood spend between 15 and 30 minutes commuting one-way to work (39.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.3%) 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 (11.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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