Park Duvalle median real estate price is $194,542, which is more expensive than 38.5% of the neighborhoods in Kentucky and 18.8% of the neighborhoods in the U.S.
The average rental price in Park Duvalle is currently $1,194, based on 蘑菇视频's exclusive analysis. Rents here are currently lower in price than 69.2% of Kentucky neighborhoods.
Park Duvalle is an urban neighborhood (based on population density) located in Louisville, Kentucky.
Park Duvalle real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Park Duvalle neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 7.7% in Park Duvalle. 蘑菇视频 analysis shows that this rate is lower than 48.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 蘑菇视频's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Single parenting is hard. But you don't have to tell the Park Duvalle neighborhood about it; they already know. 38.4% of this neighborhood's households are run by single mothers, which is a higher concentration than 蘑菇视频 found in 99.9% of American neighborhoods. Further 蘑菇视频 research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
In addition, the Park Duvalle neighborhood stands out for having an average per capita income lower than 98.7% of the neighborhoods in the United States. Also of note, 73.0% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Park Duvalle neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 15.7% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than 蘑菇视频 found in 98.9% of all neighborhoods in America.
If you love row houses and attached homes, you will probably really like the Park Duvalle neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 28.5% of the residential real estate here is classified as row houses and attached homes.
In addition, homes built from 2000 through today make up a higher proportion of the Park Duvalle neighborhood's real estate landscape than 95.3% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 69.1% of the residential real estate here is classified as newer.
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. 蘑菇视频's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Park Duvalle neighborhood in Louisville are low income, making it among the lowest income neighborhoods in America. 蘑菇视频's research shows that this neighborhood has an income lower than 98.7% of U.S. neighborhoods. With 73.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.9% 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 Park Duvalle neighborhood, 40.6% of the working population is employed in manufacturing and laborer 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 28.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.0%), and 13.8% in executive, management, and professional occupations.
The most common language spoken in the Park Duvalle neighborhood is English, spoken by 98.3% of households.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture 鈥� our learned behavior 鈥� 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 Park Duvalle neighborhood in Louisville, KY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (5.7%). There are also a number of people of African ancestry (2.9%), and residents who report Asian roots (1.1%).
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 Park Duvalle neighborhood spend between 15 and 30 minutes commuting one-way to work (31.5% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (15.7%) who commute over an hour in each direction.
Here most residents (71.0%) 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 (14.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT鈥檚 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.