Median real estate price in the City Center of Stanford is $243,305, which is more expensive than 53.2% of the neighborhoods in Kentucky and 27.7% of the neighborhoods in the U.S.
The average rental price in Stanford City Center is currently $1,084, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.6% of Kentucky neighborhoods.
Stanford City Center is a rural neighborhood (based on population density) located in Stanford, Kentucky.
Real estate in the City Center of Stanford, KY is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the City Center 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.
Stanford City Center has a 12.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.0% 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 Stanford, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
There is an especially high percentage of incarcerated people (2.0%) living in the Stanford City Center neighborhood.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Stanford City Center neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 9.6% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.1% of all neighborhoods in America.
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 Stanford are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.5% of U.S. neighborhoods. With 21.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.4% 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 Stanford City Center neighborhood, 28.0% of the working population is employed in executive, management, and professional 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 26.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.4%), and 16.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the Stanford City Center neighborhood is English, spoken by 98.1% 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 Stanford, KY, residents most commonly identify their ethnicity or ancestry as English (11.0%). There are also a number of people of Irish ancestry (4.3%), and residents who report German roots (2.5%), and some of the residents are also of Scottish ancestry (1.3%), along with some Asian ancestry residents (1.2%), 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 Stanford City Center neighborhood spend under 15 minutes commuting one-way to work (34.1% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (9.6%) who commute over an hour in each direction.
Here most residents (81.3%) 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 (10.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.