Ault / Beartown median real estate price is $103,729, which is less expensive than 89.7% of Kentucky neighborhoods and 94.9% of all U.S. neighborhoods.
The average rental price in Ault / Beartown is currently $659, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.1% of Kentucky neighborhoods.
Ault / Beartown is a remote neighborhood (based on population density) located in Olive Hill, Kentucky.
Ault / Beartown 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 Ault / Beartown 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.
Vacant apartments or homes are a major fact of life in Ault / Beartown. The current real estate vacancy rate here is 16.1%. This is higher than the rate of vacancies in 81.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually 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.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Ault / Beartown neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 52.8% of the households here have four, five, or more cars. That is more cars per household than in 99.8% of the neighborhoods in the nation.
More people work in manufacturing and as laborers here in the Ault / Beartown neighborhood than in 99.7% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
An interesting characteristic about the Ault / Beartown neighborhood is that there are more incarcerated people living here than 99.5% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.
In addition, the Ault / Beartown neighborhood has a greater percentage of children living in poverty (70.7%) than found in 98.7% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
Also, the Ault / Beartown neighborhood is unique for having just 5.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.3% of America's neighborhoods.
Finally, if you're planning where to retire, the Ault / Beartown neighborhood in Olive Hill is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in KY, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 86.2% of the neighborhoods in Kentucky. If you are considering retiring to Kentucky, this is a good neighborhood to look at.
The real estate in this neighborhood consists of more mobile homes than 96.7% of all neighborhoods in America, with 35.2% 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.
In addition, unpopulated, and rural, the Ault / Beartown neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 90.3% of the neighborhoods in America.
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 Ault / Beartown neighborhood in Olive Hill are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.0% of U.S. neighborhoods. With 70.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.7% 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 Ault / Beartown neighborhood, 57.2% 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 21.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.6%), and 12.5% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Ault / Beartown neighborhood is English, spoken by 99.5% of households.
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 Ault / Beartown neighborhood in Olive Hill, KY, residents most commonly identify their ethnicity or ancestry as Irish (10.7%). There are also a number of people of English ancestry (4.9%), and residents who report German roots (3.5%), and some of the residents are also of Puerto Rican ancestry (2.3%), along with some Scottish ancestry residents (1.8%), among others.
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 Ault / Beartown neighborhood spend between 15 and 30 minutes commuting one-way to work (33.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (76.2%) 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 (21.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.