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Real Estate Prices & Overview

Hickory Hill / Anchorage median real estate price is $490,369, which is more expensive than 85.2% of the neighborhoods in Kentucky and 58.2% of the neighborhoods in the U.S.

The average rental price in Hickory Hill / Anchorage is currently $2,497, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.0% of the neighborhoods in Kentucky.

Hickory Hill / Anchorage is a suburban neighborhood (based on population density) located in Louisville, Kentucky.

Hickory Hill / Anchorage 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 Hickory Hill / Anchorage 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.

Home and apartment vacancy rates are 7.6% in Hickory Hill / Anchorage. NeighborhoodScout analysis shows that this rate is lower than 50.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

People

If you are planning to retire in Kentucky, this neighborhood should be on your must-see list. For many reasons, Hickory Hill / Anchorage 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 97.4% 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.

In addition, there is an especially high percentage of incarcerated people (0.9%) living in the Hickory Hill / Anchorage neighborhood.

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 Hickory Hill / Anchorage neighborhood in Louisville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.4% of the neighborhoods in America. In addition, 1.2% 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 78.0% of America'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 Hickory Hill / Anchorage neighborhood, 56.2% 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 17.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.6%), and 9.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Hickory Hill / Anchorage neighborhood is English, spoken by 95.5% of households.

Ethnicity / Ancestry

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 Hickory Hill / Anchorage neighborhood in Louisville, KY, residents most commonly identify their ethnicity or ancestry as German (21.4%). There are also a number of people of English ancestry (18.7%), and residents who report Irish roots (12.6%), and some of the residents are also of Asian ancestry (9.2%), along with some Italian ancestry residents (4.2%), 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 Hickory Hill / Anchorage neighborhood spend between 15 and 30 minutes commuting one-way to work (40.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.1%) 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 (10.6%) . 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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