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Real Estate Prices & Overview

Cabell / Murl median real estate price is $153,396, which is less expensive than 73.4% of Kentucky neighborhoods and 87.3% of all U.S. neighborhoods.

The average rental price in Cabell / Murl is currently $860, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.3% of Kentucky neighborhoods.

Cabell / Murl is a remote neighborhood (based on population density) located in Monticello, Kentucky.

Cabell / Murl 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 Cabell / Murl 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 7.8% in Cabell / Murl. NeighborhoodScout analysis shows that this rate is lower than 49.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

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 Cabell / Murl neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 9.0% of the workforce so employed, this neighborhood has a greater concentration of such workers than 98.8% of U.S. neighborhoods.

Furthermore, more people work in manufacturing and as laborers here in the Cabell / Murl neighborhood than in 96.5% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Modes of Transportation

Our research reveals that 92.3% of commuters who live in the Cabell / Murl neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 98.4% of U.S. neighborhoods.

People

Of particular note, 3.3% of the people in the Cabell / Murl neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, neighborhoodScout's exclusive research revealed that 93.0% of the adult residents in the Cabell / Murl neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.2% of the neighborhoods in America.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 97.0% of all neighborhoods in America, with 36.4% 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.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Cabell / Murl neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.3% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Cabell / Murl neighborhood in Monticello are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.2% of U.S. neighborhoods. With 18.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.3% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Cabell / Murl neighborhood, 43.8% 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 27.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (10.1%), and 9.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Cabell / Murl neighborhood is English, spoken by 98.8% of households.

Ethnicity / Ancestry

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 Cabell / Murl neighborhood in Monticello, KY, residents most commonly identify their ethnicity or ancestry as English (14.4%). There are also a number of people of Irish ancestry (7.9%), and residents who report German roots (7.7%), and some of the residents are also of British ancestry (1.4%), along with some Dutch ancestry residents (1.2%), among others.

Getting to Work

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 Cabell / Murl neighborhood spend under 15 minutes commuting one-way to work (41.8% of working residents), one of the shortest commutes across America.

Here most residents (92.3%) drive alone in a private automobile to get to work. 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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Income & Unemployment Rate
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Neighborhood Crime Index
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Property Crime Comparison
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Schools include:
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