Versailles West median real estate price is $175,638, which is more expensive than 34.3% of the neighborhoods in Kentucky and 16.6% of the neighborhoods in the U.S.
The average rental price in Versailles West is currently $1,749, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.8% of the neighborhoods in Kentucky.
Versailles West is a rural neighborhood (based on population density) located in Versailles, Kentucky.
Versailles West real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Versailles West 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.
Home and apartment vacancy rates are 9.1% in Versailles West. NeighborhoodScout analysis shows that this rate is lower than 42.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
Of particular note, 3.1% of the people in the Versailles West neighborhood currently reside in a correction facility, held due to punishment for a crime.
Did you know that the Versailles West neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Scots-Irish ancestry.
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 Versailles West neighborhood in Versailles are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.0% of U.S. neighborhoods. In addition, 4.3% 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 66.9% 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 Versailles West neighborhood, 41.5% 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 29.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.8%), and 10.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Versailles West neighborhood is English, spoken by 88.3% of households. Some people also speak Spanish (8.8%).
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 Versailles West neighborhood in Versailles, KY, residents most commonly identify their ethnicity or ancestry as German (14.9%). There are also a number of people of Irish ancestry (9.9%), and residents who report Mexican roots (9.4%), and some of the residents are also of English ancestry (7.8%), along with some Scots-Irish ancestry residents (4.2%), 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 Versailles West neighborhood spend under 15 minutes commuting one-way to work (47.0% of working residents), one of the shortest commutes across America.
Here most residents (83.9%) 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 (7.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.