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Real Estate Prices & Overview

Oak Grove median real estate price is $245,315, which is less expensive than 65.1% of Tennessee neighborhoods and 70.3% of all U.S. neighborhoods.

The average rental price in Oak Grove is currently $1,923, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.4% of the neighborhoods in Tennessee.

Oak Grove is a suburban neighborhood (based on population density) located in Chattanooga, Tennessee.

Oak Grove real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Oak Grove neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 9.6% in Oak Grove. NeighborhoodScout analysis shows that this rate is lower than 40.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Chattanooga, the Oak Grove neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

NeighborhoodScout's exclusive research identifies the Oak Grove neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 50.7% of its working residents employed in such fields, which is a higher proportion than 99.0% of American neighborhoods.

Modes of Transportation

Our research shows that more people carpool to work here in the Oak Grove (27.5%) than in 98.1% of the neighborhoods in America.

People

Of note, 62.6% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Diversity

Did you know that the Oak Grove neighborhood has more Lebanese and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.7% of this neighborhood's residents have Lebanese ancestry and 7.0% have African ancestry.

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 Oak Grove neighborhood in Chattanooga are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.6% of U.S. neighborhoods. With 62.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.4% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Oak Grove neighborhood, 50.7% of the working population is employed in manufacturing and laborer 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 21.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.1%), and 8.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Oak Grove neighborhood is English, spoken by 52.8% of households. Some people also speak Spanish (46.6%).

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 Oak Grove neighborhood in Chattanooga, TN, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (7.0%). There are also a number of people of African ancestry (7.0%), and residents who report Mexican roots (6.2%), and some of the residents are also of English ancestry (1.8%), along with some Scottish ancestry residents (1.8%), among others. In addition, 29.2% 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 Oak Grove neighborhood spend between 15 and 30 minutes commuting one-way to work (42.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (53.9%) 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 (27.5%) and 7.6% 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.


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