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Real Estate Prices & Overview

City Center / Hopewell median real estate price is $129,517, which is less expensive than 74.5% of Kentucky neighborhoods and 87.3% of all U.S. neighborhoods.

The average rental price in City Center / Hopewell is currently $1,248, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.7% of Kentucky neighborhoods.

City Center / Hopewell is a rural neighborhood (based on population density) located in Greenup, Kentucky.

City Center / Hopewell 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 City Center / Hopewell neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

City Center / Hopewell has a 11.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.7% 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.

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.

People

Of particular note, 2.5% of the people in the City Center / Hopewell neighborhood currently reside in a correction facility, held due to punishment for a crime.

The Neighbors

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 City Center / Hopewell neighborhood in Greenup are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.3% of U.S. neighborhoods. In addition, 8.5% 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 55.0% of America'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 City Center / Hopewell neighborhood, 32.9% 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 27.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.8%), and 15.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the City Center / Hopewell neighborhood is English, spoken by 99.4% of households. Some people also speak Italian (2.2%).

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 City Center / Hopewell neighborhood in Greenup, KY, residents most commonly identify their ethnicity or ancestry as English (16.4%). There are also a number of people of Irish ancestry (8.3%), and residents who report German roots (7.0%), and some of the residents are also of Polish ancestry (4.8%), along with some Mexican 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 City Center / Hopewell neighborhood spend between 15 and 30 minutes commuting one-way to work (40.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.2%) 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 (13.9%) . 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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