City Center / Murray State University median real estate price is $178,621, which is more expensive than 35.6% of the neighborhoods in Kentucky and 17.1% of the neighborhoods in the U.S.
The average rental price in City Center / Murray State University is currently $1,350, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.0% of Kentucky neighborhoods.
City Center / Murray State University is a suburban neighborhood (based on population density) located in Murray, Kentucky.
City Center / Murray State University real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the City Center / Murray State University neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in City Center / Murray State University. The current real estate vacancy rate here is 46.2%. This is higher than the rate of vacancies in 98.3% 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.
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.
Modes of Transportation
More people in City Center / Murray State University choose to walk to work each day (68.2%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
People
One of the really interesting characteristics about the City Center / Murray State University neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.1% of college-friendly places to live in the state of Kentucky.
In addition, the City Center / Murray State University neighborhood has a greater percentage of children living in poverty (100.0%) than found in 99.8% 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.
Also, an extraordinary 93.2% of the residents of the City Center / Murray State University 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.
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The City Center / Murray State University neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the City Center / Murray State University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 91.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the City Center / Murray State University neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.6% of all American neighborhoods.
Real Estate
Renter-occupied real estate is dominant in the City Center / Murray State University neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 97.3%, which is higher than 98.5% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so. Despite all of the residential real estate here in the City Center / Murray State University neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 46.2%, which is higher than 98.3% of all U.S. neighborhoods.
Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the City Center / Murray State University neighborhood have a highly unusual car ownership. 29.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.1% of U.S. neighborhoods.
Diversity
Did you know that the City Center / Murray State University neighborhood has more English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 61.6% of this neighborhood's residents have English ancestry.
Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the City Center / Murray State University neighborhood. In the City Center / Murray State University neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.5% 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 City Center / Murray State University neighborhood in Murray are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. With 100.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.8% 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 City Center / Murray State University neighborhood, 52.6% 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 19.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.6%), and 7.6% in manufacturing and laborer occupations.
Languages
The most common language spoken in the City Center / Murray State University neighborhood is English, spoken by 99.5% of households.
Ethnicity / Ancestry
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 City Center / Murray State University neighborhood in Murray, KY, residents most commonly identify their ethnicity or ancestry as English (61.6%). There are also a number of people of Irish ancestry (3.1%), and residents who report Sub-Saharan African roots (2.8%), and some of the residents are also of German ancestry (2.7%), along with some African ancestry residents (1.8%), 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 City Center / Murray State University neighborhood spend under 15 minutes commuting one-way to work (91.1% of working residents), one of the shortest commutes across America.
Here most residents (68.2%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (27.4%) . This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
