Richmond Northeast median real estate price is $329,578, which is more expensive than 74.4% of the neighborhoods in Kentucky and 43.0% of the neighborhoods in the U.S.
The average rental price in Richmond Northeast is currently $1,444, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.4% of Kentucky neighborhoods.
Richmond Northeast is a suburban neighborhood (based on population density) located in Richmond, Kentucky.
Richmond Northeast 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 Richmond Northeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Richmond Northeast are 4.3%, which is lower than one will find in 70.3% of American neighborhoods. Demand for real estate in Richmond Northeast is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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.
The first thing that you'll notice if you moved to this neighborhood is that an astounding 3.1% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.2% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Richmond Northeast neighborhood should definitely be on your list of places to consider.
Our research reveals that 90.8% of commuters who live in the Richmond Northeast neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 97.9% of U.S. neighborhoods.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Richmond Northeast neighborhood. A whopping 82.1% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 97.6% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
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 Richmond Northeast neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Richmond Northeast neighborhood in Richmond are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.1% of U.S. neighborhoods. With 20.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.9% 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 Richmond Northeast neighborhood, 40.5% 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 23.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.7%), and 13.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Richmond Northeast neighborhood is English, spoken by 98.5% of households.
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 Richmond Northeast neighborhood in Richmond, KY, residents most commonly identify their ethnicity or ancestry as English (15.1%). There are also a number of people of German ancestry (6.1%), and residents who report Irish roots (4.7%), and some of the residents are also of French ancestry (3.1%), along with some Scottish ancestry residents (2.5%), 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 Richmond Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (29.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (90.8%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.