Crestmoor median real estate price is $343,038, which is more expensive than 68.1% of the neighborhoods in Kentucky and 41.4% of the neighborhoods in the U.S.
The average rental price in Crestmoor is currently $1,393, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.3% of Kentucky neighborhoods.
Crestmoor is a suburban neighborhood (based on population density) located in Bowling Green, Kentucky.
Crestmoor 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 Crestmoor neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Crestmoor has a 12.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.2% 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.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Bowling Green, the Crestmoor neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
An extraordinary 12.5% of the residents of the Crestmoor neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Did you know that the Crestmoor neighborhood has more Yugoslav and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Yugoslav ancestry and 0.7% have Armenian 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 Crestmoor neighborhood in Bowling Green are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.7% of U.S. neighborhoods. With 26.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.3% of U.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 Crestmoor neighborhood, 40.4% 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 29.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.4%), and 13.6% in clerical, assistant, and tech support occupations.
The most common language spoken in the Crestmoor neighborhood is English, spoken by 86.5% of households. Some people also speak Spanish (9.0%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Crestmoor neighborhood in Bowling Green, KY, residents most commonly identify their ethnicity or ancestry as German (15.1%). There are also a number of people of English ancestry (14.7%), and residents who report Irish roots (8.6%), and some of the residents are also of Mexican ancestry (8.3%), along with some Italian ancestry residents (4.4%), 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 Crestmoor neighborhood spend under 15 minutes commuting one-way to work (53.0% of working residents), one of the shortest commutes across America.
Here most residents (68.2%) 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 (19.6%) and 6.2% of residents also hop out the door and walk to work 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.