Perry Park / Gratz median real estate price is $233,440, which is more expensive than 51.1% of the neighborhoods in Kentucky and 26.4% of the neighborhoods in the U.S.
The average rental price in Perry Park / Gratz is currently $1,170, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.2% of Kentucky neighborhoods.
Perry Park / Gratz is a remote neighborhood (based on population density) located in Owenton, Kentucky.
Perry Park / Gratz real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Perry Park / Gratz 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.
Perry Park / Gratz has a 15.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.5% 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.
Of note is NeighborhoodScout's research finding that the Perry Park / Gratz neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Perry Park / Gratz community truly stands out from the rest in this regard.
This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 38 people per square mile living here, this neighborhood is less crowded than 91.2% of America.
Did you know that the Perry Park / Gratz neighborhood has more Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have Welsh ancestry.
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 Perry Park / Gratz neighborhood in Owenton are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.5% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 Perry Park / Gratz neighborhood, 31.9% 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 29.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (27.2%), and 11.6% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Perry Park / Gratz neighborhood is English, spoken by 99.8% 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 Perry Park / Gratz neighborhood in Owenton, KY, residents most commonly identify their ethnicity or ancestry as German (29.0%). There are also a number of people of Irish ancestry (10.7%), and residents who report English roots (6.1%), and some of the residents are also of Welsh ancestry (3.3%), along with some Scots-Irish ancestry residents (1.4%), 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 Perry Park / Gratz neighborhood spend under 15 minutes commuting one-way to work (33.0% of working residents), one of the shortest commutes across America.
Here most residents (77.1%) 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 (9.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.