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Real Estate Prices & Overview

Hollyvilla median real estate price is $213,614, which is more expensive than 47.3% of the neighborhoods in Kentucky and 23.6% of the neighborhoods in the U.S.

The average rental price in Hollyvilla is currently $1,698, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.4% of the neighborhoods in Kentucky.

Hollyvilla is a rural neighborhood (based on population density) located in Fairdale, Kentucky.

Hollyvilla 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 Hollyvilla neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Hollyvilla are 4.3%, which is lower than one will find in 71.6% of American neighborhoods. Demand for real estate in Hollyvilla 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.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Occupations

NeighborhoodScout's exclusive research identifies the Hollyvilla neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 52.2% of its working residents employed in such fields, which is a higher proportion than 99.3% of American neighborhoods.

Modes of Transportation

While most Americans do drive to work alone each day, the Hollyvilla neighborhood stands out by having 89.4% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 95.7% of all American neighborhoods.

People

NeighborhoodScout's exclusive research revealed that 93.4% of the adult residents in the Hollyvilla neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.6% of the neighborhoods in America.

The Neighbors

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 Hollyvilla neighborhood in Fairdale are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.2% of U.S. neighborhoods. With 30.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.8% 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 Hollyvilla neighborhood, 52.2% 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 17.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.5%), and 12.5% in executive, management, and professional occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Hollyvilla neighborhood is English, spoken by 91.7% of households. Other important languages spoken here include Spanish and Polish.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Hollyvilla neighborhood in Fairdale, KY, residents most commonly identify their ethnicity or ancestry as Irish (11.5%). There are also a number of people of Italian ancestry (10.3%), and residents who report Mexican roots (9.6%), and some of the residents are also of German ancestry (7.4%), along with some English ancestry residents (7.0%), among others.

Getting to Work

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 Hollyvilla neighborhood spend between 15 and 30 minutes commuting one-way to work (42.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (89.4%) 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.


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