Slate Lick median real estate price is $175,444, which is less expensive than 65.5% of Kentucky neighborhoods and 83.5% of all U.S. neighborhoods.
The average rental price in Slate Lick is currently $1,635, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.4% of the neighborhoods in Kentucky.
Slate Lick is a rural neighborhood (based on population density) located in Berea, Kentucky.
Slate Lick 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 occupied by a mixture of owners and renters. Many of the residences in the Slate Lick neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 8.1% in Slate Lick. NeighborhoodScout analysis shows that this rate is lower than 47.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
With a nice mix of college students, safety from crime, and decent walkability, the Slate Lick neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.8% of the neighborhoods in KY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Did you know that the Slate Lick neighborhood has more Scottish and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.7% of this neighborhood's residents have Scottish ancestry and 6.5% have Dutch 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 Slate Lick neighborhood in Berea are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.7% of U.S. neighborhoods. With 13.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.9% 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 Slate Lick neighborhood, 41.2% 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 27.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.0%), and 7.6% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Slate Lick neighborhood is English, spoken by 92.8% of households. Other important languages spoken here include Spanish and Italian.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Slate Lick neighborhood in Berea, KY, residents most commonly identify their ethnicity or ancestry as English (14.2%). There are also a number of people of Irish ancestry (13.3%), and residents who report German roots (10.0%), and some of the residents are also of Scottish ancestry (7.7%), along with some Dutch ancestry residents (6.5%), 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 Slate Lick neighborhood spend under 15 minutes commuting one-way to work (56.2% of working residents), one of the shortest commutes across America.
Here most residents (67.9%) 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 (9.8%) and 6.2% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.