The downtown median real estate price is $504,295, which is more expensive than 95.9% of the neighborhoods in Kentucky and 73.9% of the U.S. The average rental price Downtown is currently $874, based on complete analysis. Rents here are currently lower in price than 84.2% of Kentucky neighborhoods. Downtown is an urban neighborhood (based on population density) located in Bowling Green, Kentucky. Downtown real estate comprises small (studio to two bedroom) to medium-sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied.
Many of the residences in the Downtown neighborhood are newer, built in 2000 or more recently. Several homes were also built between 1940 and 1969. Downtown has a 12.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.8% of American communities). Most vacant housing here is vacant year-round. This could either signal a weak demand for real estate in the neighborhood or that a large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many homes or apartments empty.’ A1 Pest Control of Bowling Green
Characteristics
The downtown neighborhood stands out in Kentucky for its college student-friendly environment. Analysis reveals that this neighborhood is home to several college students, is relatively walkable, and is above average in safety. In combination, this makes it stand out as a good place for college students to consider. Because several college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it’s not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above-average safety rating. For these reasons, the neighborhood is rated among the top 5.4% of college-friendly places to live in Bowling Green.
Ethnicity
In the Downtown neighborhood in Bowling Green, KY, residents commonly identify their ethnicity or ancestry as German (9.9%). There are also several people of Irish ancestry (8.9%), residents who report English roots (6.5%), and some residents are also of Scottish ancestry (4.4%), along with some Polish ancestry residents (3.8%), among others.
Migration
The freedom of moving to new places versus the comfort of home. How much and how often people move can create diverse and worldly neighborhoods and simultaneously 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 in the transience of its populace. In the Downtown neighborhood, a greater proportion of the residents living here today did not live here five years ago than in 98.9% of U.S. Neighborhoods. More than any other in America, this neighborhood has new residents from other areas.
Check out different neighborhoods like Eastland Park