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Real Estate Prices & Overview

Beechmont South median real estate price is $222,626, which is more expensive than 50.5% of the neighborhoods in Kentucky and 25.3% of the neighborhoods in the U.S.

The average rental price in Beechmont South is currently $1,278, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.9% of Kentucky neighborhoods.

Beechmont South is an urban neighborhood (based on population density) located in Louisville, Kentucky.

Beechmont South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Beechmont South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 6.8% in Beechmont South. NeighborhoodScout analysis shows that this rate is lower than 54.6% 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

According to NeighborhoodScout's research, Beechmont South is better suited for first-time home buyers than 85.5% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Kentucky. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood

Diversity

Did you know that the Beechmont South neighborhood has more Cuban and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.3% of this neighborhood's residents have Cuban ancestry and 3.7% have Arab ancestry.

Beechmont South is also pretty special linguistically. Significantly, 7.6% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.

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 Beechmont South neighborhood in Louisville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.0% of U.S. neighborhoods. With 40.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.2% 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 Beechmont South neighborhood, 41.2% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 32.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.4%), and 7.1% in clerical, assistant, and tech support occupations.

Languages

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 Beechmont South neighborhood is English, spoken by 78.3% of households. Other important languages spoken here include Spanish, Vietnamese, Arabic and African languages.

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 Beechmont South neighborhood in Louisville, KY, residents most commonly identify their ethnicity or ancestry as Irish (13.5%). There are also a number of people of Asian ancestry (10.4%), and residents who report German roots (10.0%), and some of the residents are also of English ancestry (5.7%), along with some Cuban ancestry residents (4.3%), among others. In addition, 19.7% of the residents of this neighborhood were born in another country.

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 Beechmont South neighborhood spend between 15 and 30 minutes commuting one-way to work (52.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.5%) 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 (12.9%) and 5.4% of residents also ride the bus 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.


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