Elk Lake Resort / Breck median real estate price is $268,740, which is more expensive than 61.5% of the neighborhoods in Kentucky and 32.2% of the neighborhoods in the U.S.
The average rental price in Elk Lake Resort / Breck is currently $1,077, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.1% of Kentucky neighborhoods.
Elk Lake Resort / Breck is a remote neighborhood (based on population density) located in Owenton, Kentucky.
Elk Lake Resort / Breck real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Elk Lake Resort / Breck neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Elk Lake Resort / Breck. The current real estate vacancy rate here is 23.6%. This is higher than the rate of vacancies in 91.3% 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.
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 Owenton, the Elk Lake Resort / Breck neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Elk Lake Resort / Breck neighborhood has a greater proportion of government workers living in it than 99.3% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
One of the notable things about Elk Lake Resort / Breck is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
If you are planning to retire in Kentucky, this neighborhood should be on your must-see list. For many reasons, Elk Lake Resort / Breck may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Kentucky, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 95.9% of neighborhoods in KY. If a Kentucky retirement is in your future, this neighborhood should be one of the places you visit.
Did you know that the Elk Lake Resort / Breck neighborhood has more Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.1% of this neighborhood's residents have Scottish ancestry.
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 Elk Lake Resort / Breck neighborhood in Owenton are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.4% of the neighborhoods in America. With 20.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.1% 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 Elk Lake Resort / Breck neighborhood, 31.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.5%), and 21.5% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Elk Lake Resort / Breck 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 Elk Lake Resort / Breck neighborhood in Owenton, KY, residents most commonly identify their ethnicity or ancestry as German (24.0%). There are also a number of people of Irish ancestry (12.2%), and residents who report English roots (8.1%), and some of the residents are also of Scottish ancestry (5.1%), along with some Hungarian ancestry residents (1.1%), 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 Elk Lake Resort / Breck neighborhood spend between 45 minutes and one hour commuting one-way to work (43.6% of working residents), longer and tougher than most commutes in America.
Here most residents (83.2%) 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.