Winchester Real Estate
Winchester, Kentucky sits to the east of Lexington, with Interstate 64 running right through town east to west. This small community of approximately 18,500 has been steadily growing and becoming a bedroom suburb for nearby Lexington, expanding at a rate of 10 percent since 2000.
In terms of demographics, Winchester is very much a typical family town, with the median age of residents measuring just below 39 years of age. The average median household income is just above $40,200, and the average property value came in at about $152,450 for detached homes. However, the community also has a mix of townhomes, mobile homes and high-density units ranging from $120,000 to $171,000, depending on the structure type. For renters, the average gross rent was just under $700 a month in 2016.
With regards to geography, Winchester has a couple of major cities nearby. Fayette County is about 17 miles away, and much closer one can find Boonesboro, North Middletown, Mount Sterling, Paris, Lexington, and Clay City among others. So, while Winchester sits its own contained community, it’s part of a very close proximity grid across the state to other towns and cities. This allows Winchester residents to become part of a regional commute that generally measures about 2,850 people traveling daily and 3,973 people working directly in Winchester.
Among the major employers and industries in Winchester, healthcare and food service are the largest industries, representing a bit under 20 percent of the workforce in the town. Construction and education make up another 14 percent, and local government and related infrastructure support represents about 9 percent. The remaining 57 percent is a large mix of small businesses and self-employment.
For critical resources and agencies, a number of hospitals and medical centers are in available to Winchester residents. The Clark Regional Medical Center provides the largest complex of medical assistance in one place. In addition, the Kindred Transitional Care and Rehab FMC is also located in town for long-term assistance. The town also has two airports and one heliport.
For those interested in local educational resources, Bluegrass Community and Technical College provides basic higher education training in Lexington, KY, approximately 18 miles west. For a four-year degree program, the University of Kentucky is also located in Lexington, and the Eastern Kentucky University is just a bit further in Richmond. Going further out into the regional area, one can find Morehead State University in Morehead and Kentucky State University in Frankfort.
Winchester itself has one high school, George Rogers Clark High School. However, the town is also home to a number of private schools as well. Phoenix Academy serves grades 7 through 12, Winchester Christian Academy covers the entire range of K through 12, Calvary Christian School provides lower grades PK through 6, St. Agatha Academy teaches PK through 8, and Clark County Christian School also serves lower grades PK through 5. In addition to their own resources, all of these schools are also supported and assisted by the Winchester Library in the Clark County Library System, carrying over 3,000 audio items, 3,600 videos and 89,390 books.
Again, if new folks are looking for a location close to Lexington for work, study or relocation, Winchester KY is a prime spot for consideration. The folks at Capstone Realty Consultants can easily help, having solid roots in the area and world of experience in how the real estate has changed over the years. Their assistance can be invaluable for folks thinking about coming in from out of the area. Call or email for more information.