Slickway / Woodlake median real estate price is $535,247, which is more expensive than 93.7% of the neighborhoods in Kentucky and 67.6% of the neighborhoods in the U.S.
The average rental price in Slickway / Woodlake is currently $1,642, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.8% of the neighborhoods in Kentucky.
Slickway / Woodlake is a rural neighborhood (based on population density) located in Frankfort, Kentucky.
Slickway / Woodlake real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Slickway / Woodlake neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
In Slickway / Woodlake, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Slickway / Woodlake is very tight compared to the demand for property here.
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.
Owner-occupied real estate dominates the Slickway / Woodlake neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.9% of neighborhoods in America. With a real estate vacancy rate of only 0.0%, the Slickway / Woodlake neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Slickway / Woodlake neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 25.7% of its workforce, this neighborhood has a greater concentration of government workers than 99.7% of U.S. neighborhoods.
If you are planning to retire in Kentucky, this neighborhood should be on your must-see list. For many reasons, Slickway / Woodlake 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 99.5% of neighborhoods in KY. If a Kentucky retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives, urban sophisticates and families with school-aged children.
In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Slickway / Woodlake neighborhood may actually hold the key. 74.9% of its residents are married, which is a higher percentage than is found in 99.0% of the neighborhoods in America.
Did you know that the Slickway / Woodlake neighborhood has more Scottish and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.3% of this neighborhood's residents have Scottish ancestry and 23.1% have English 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 Slickway / Woodlake neighborhood in Frankfort are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 91.8% of the neighborhoods in America. In addition, 4.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 66.6% of America'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 Slickway / Woodlake neighborhood, 59.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 25.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.3%), and 15.3% in manufacturing and laborer occupations.
The most common language spoken in the Slickway / Woodlake neighborhood is English, spoken by 98.9% 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 Slickway / Woodlake neighborhood in Frankfort, KY, residents most commonly identify their ethnicity or ancestry as English (23.1%). There are also a number of people of German ancestry (22.8%), and residents who report Irish roots (19.3%), and some of the residents are also of Scottish ancestry (7.3%), along with some Polish ancestry residents (4.6%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Slickway / Woodlake neighborhood spend under 15 minutes commuting one-way to work (51.7% of working residents), one of the shortest commutes across America.
Here most residents (76.3%) 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.