Median real estate price in the City Center of Owensboro is $152,177, which is less expensive than 75.9% of Kentucky neighborhoods and 88.6% of all U.S. neighborhoods.
The average rental price in Owensboro City Center is currently $1,447, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.9% of Kentucky neighborhoods.
Owensboro City Center is a suburban neighborhood (based on population density) located in Owensboro, Kentucky.
Real estate in the City Center of Owensboro, KY 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 renter occupied. Many of the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Owensboro City Center. The current real estate vacancy rate here is 17.2%. This is higher than the rate of vacancies in 83.5% 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.
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.
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Owensboro City Center neighborhood is a fantastic option for bicycle commuters, as 5.9% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.7% of the neighborhoods in America.
There are more people living in the Owensboro City Center neighborhood employed as sales and service workers (56.6%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
One of the unique characteristics of the Owensboro City Center neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.0% of the neighborhoods in America. The Owensboro City Center neighborhood also has a greater percentage of children living in poverty (56.5%) than found in 96.2% 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.
In addition, an extraordinary 13.7% of the residents of the Owensboro City Center 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.
Also, with a nice mix of college students, safety from crime, and decent walkability, the Owensboro City Center neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.3% of the neighborhoods in KY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Owensboro City Center neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 35.4% of the real estate here is made up of such dwellings, which is higher than 96.1% of all U.S. neighborhoods.
Did you know that the Owensboro City Center neighborhood has more Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Canadian ancestry.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Owensboro City Center neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 City Center neighborhood in Owensboro are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.0% of U.S. neighborhoods. With 56.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.2% 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 Owensboro City Center neighborhood, 43.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.9%), and 10.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the Owensboro City Center neighborhood is English, spoken by 96.1% 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 City Center neighborhood in Owensboro, KY, residents most commonly identify their ethnicity or ancestry as German (17.5%). There are also a number of people of Irish ancestry (12.0%), and residents who report English roots (9.8%), and some of the residents are also of French ancestry (4.0%), along with some Canadian ancestry residents (1.6%), 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 Owensboro City Center neighborhood spend under 15 minutes commuting one-way to work (45.2% of working residents), one of the shortest commutes across America.
Here most residents (74.7%) drive alone in a private automobile to get to work. In addition, quite a number also bicycle to get to work (5.9%) and 5.5% of residents also ride the bus 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.