This is a small community in a single neighborhood.
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What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Phelps is a tiny town located in the state of Kentucky. With a population of 760 people and just one neighborhood, Phelps is the 283rd largest community in Kentucky. Much of the housing stock in Phelps was built relatively recently. The construction of new real estate can often be taken as an indication that the local Phelps economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Phelps, where the median household income is $27,055.00.
Occupations and Workforce
Phelps is a decidedly white-collar town, with fully 100.00% of the workforce employed in white-collar jobs, well above the national average. Overall, Phelps is a town of sales and office workers, transportation and shipping workers, and production and manufacturing workers. There are especially a lot of people living in Phelps who work in office and administrative support (100.00%), sales jobs (0.00%), and personal care services (0.00%).
Setting & Lifestyle
Overall, Phelps’s crime rate is one of the lowest in the nation, which makes a great place to live if safety is an important concern.
It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Phelps has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Phelps has few renters and college students. But the biggest reason it is quieter in Phelps than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Phelps may be for you.
Phelps is very much a car-oriented town. This is because the population of Phelps isn't large enough or dense enough to support an extensive public transit system. It has a lot of rural roads, and the distance between houses can be quite large, which together tends to discourage walking and bicycling to work. 100.00% of residents commute to work in their own car (and the drive is typically to a job out of town). People also tend to drive out of town for other services as well, such as shopping, doctors appointments, and more.
As is often the case in a small town, Phelps doesn't have a public transportation system that people use for their commute.
Demographics
The population of Phelps has one of the lowest overall levels of education in the country: only 4.48% of people over 25 hold a college degree. The national average for all municipalities is 21.84%.
The per capita income in Phelps in 2022 was $14,314, which is low income relative to Kentucky and the nation. This equates to an annual income of $57,256 for a family of four.
The people who call Phelps home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Phelps residents report their race to be White. Important ancestries of people in Phelps include German, English, Italian, Irish, and Scottish.
The most common language spoken in Phelps is English. Other important languages spoken here include Italian and African languages.
Notable & Unique Neighborhood Characteristics
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.
Real Estate
The real estate in this neighborhood consists of more mobile homes than 98.6% of all neighborhoods in America, with 45.8% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
Occupations
It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 6.6% of the workforce so employed, this neighborhood has a greater concentration of such workers than 98.0% of U.S. neighborhoods.
Modes of Transportation
Our research reveals that 89.6% of commuters who live in the neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 95.8% of U.S. neighborhoods.
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 neighborhood in Phelps are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.4% of U.S. neighborhoods. With 20.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.5% of U.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 neighborhood, 38.3% 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 35.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.4%), and 9.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
Languages
The most common language spoken in the neighborhood is English, spoken by 100.0% of households.
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 neighborhood in Phelps, KY, residents most commonly identify their ethnicity or ancestry as German (12.4%). There are also a number of people of English ancestry (9.9%), and residents who report Irish roots (6.2%), and some of the residents are also of Italian ancestry (3.5%), along with some Mexican ancestry residents (2.4%), among others.
Getting to Work
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (39.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (89.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (5.3%) and 5.2% of residents also carpool with coworkers, friends, or neighbors 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.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
