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Real Estate Prices & Overview

Eli / Fonthill median real estate price is $146,123, which is less expensive than 75.5% of Kentucky neighborhoods and 88.1% of all U.S. neighborhoods.

The average rental price in Eli / Fonthill is currently $944, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 95.8% of Kentucky neighborhoods.

Eli / Fonthill is a remote neighborhood (based on population density) located in Russell Springs, Kentucky.

Eli / Fonthill real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Eli / Fonthill 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 Eli / Fonthill. The current real estate vacancy rate here is 49.6%. This is higher than the rate of vacancies in 98.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (39.6%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 49.6% of the residential real estate vacant, the Eli / Fonthill neighborhood claims the distinction of having a higher vacancy rate than 98.7% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, the real estate in this neighborhood consists of more mobile homes than 95.2% of all neighborhoods in America, with 30.4% 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.

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 Eli / Fonthill neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.3% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.1% of U.S. neighborhoods.

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 Eli / Fonthill neighborhood in Russell Springs are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.9% of U.S. neighborhoods. With 11.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.1% 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 Eli / Fonthill neighborhood, 34.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.1%), and 12.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Eli / Fonthill neighborhood is English, spoken by 95.5% of households. Some people also speak Spanish (3.4%).

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 Eli / Fonthill neighborhood in Russell Springs, KY, residents most commonly identify their ethnicity or ancestry as English (14.6%). There are also a number of people of German ancestry (9.6%), and residents who report Mexican roots (5.0%), and some of the residents are also of Irish ancestry (4.2%), along with some French ancestry residents (1.2%), 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 Eli / Fonthill neighborhood spend between 15 and 30 minutes commuting one-way to work (38.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (82.2%) 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 (7.6%) . 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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