Boone Furnace / Carter median real estate price is $182,379, which is more expensive than 35.8% of the neighborhoods in Kentucky and 19.2% of the neighborhoods in the U.S.
The average rental price in Boone Furnace / Carter is currently $1,404, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.7% of Kentucky neighborhoods.
Boone Furnace / Carter is a remote neighborhood (based on population density) located in Olive Hill, Kentucky.
Boone Furnace / Carter real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Boone Furnace / Carter 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.
Vacant apartments or homes are a major fact of life in Boone Furnace / Carter. The current real estate vacancy rate here is 27.5%. This is higher than the rate of vacancies in 93.4% 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.
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.
Modes of Transportation
While most Americans do drive to work alone each day, the Boone Furnace / Carter neighborhood stands out by having 94.4% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 99.3% of all American neighborhoods.
Real Estate
The real estate in this neighborhood consists of more mobile homes than 97.8% of all neighborhoods in America, with 40.5% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
In addition, unpopulated, and rural, the Boone Furnace / Carter neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 94.3% of the neighborhoods in America.
Occupations
It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Boone Furnace / Carter neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.9% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.8% of U.S. neighborhoods.
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 Boone Furnace / Carter neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Boone Furnace / Carter 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 95.0% of all neighborhoods in America.
People
If you're looking for a great spot to raise a family, then look no further than the Boone Furnace / Carter neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 12.4% of family-friendly neighborhoods across the state of Kentucky. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.
Diversity
Did you know that the Boone Furnace / Carter neighborhood has more Scots-Irish and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.5% of this neighborhood's residents have Scots-Irish ancestry and 3.9% have Welsh ancestry.
Migration / Stability
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. More residents of the Boone Furnace / Carter neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.6% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 Boone Furnace / Carter neighborhood in Olive Hill are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.3% of U.S. neighborhoods. With 17.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.9% 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 Boone Furnace / Carter neighborhood, 39.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 34.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.6%), and 7.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
Languages
The most common language spoken in the Boone Furnace / Carter neighborhood is English, spoken by 99.7% of households.
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 Boone Furnace / Carter neighborhood in Olive Hill, KY, residents most commonly identify their ethnicity or ancestry as English (22.7%). There are also a number of people of German ancestry (8.0%), and residents who report Irish roots (5.9%), and some of the residents are also of Scots-Irish ancestry (5.5%), along with some Welsh ancestry residents (3.9%), 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 Boone Furnace / Carter neighborhood spend between 30 and 45 minutes commuting one-way to work (26.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (9.6%) who commute over an hour in each direction.
Here most residents (94.4%) 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.
