North Memphis East median real estate price is $50,666, which is less expensive than 99.4% of Tennessee neighborhoods and 98.9% of all U.S. neighborhoods.
The average rental price in North Memphis East is currently $1,522, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.6% of Tennessee neighborhoods.
North Memphis East is a suburban neighborhood (based on population density) located in Memphis, Tennessee.
North Memphis East 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 North Memphis East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in North Memphis East. The current real estate vacancy rate here is 31.3%. This is higher than the rate of vacancies in 95.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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.
The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 65.1%. This is a higher percent living alone than we found in 99.4% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
In addition, the North Memphis East neighborhood stands out for having an average per capita income lower than 98.9% of the neighborhoods in the United States.
Also, neighborhoodScout's exclusive research revealed that 94.1% of the adult residents in the North Memphis East neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.4% of the neighborhoods in America.
More people ride the bus in this neighborhood each day to get to work than 98.3% of U.S. neighborhoods.
Also, in the North Memphis East neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 22.6% of commuters carpool here, which is more than in 95.5% of all U.S. neighborhoods.
Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 31.3% of the residential real estate vacant, the North Memphis East neighborhood claims the distinction of having a higher vacancy rate than 95.2% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
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 North Memphis East neighborhood in Memphis are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.9% of U.S. neighborhoods. With 27.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.7% 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 North Memphis East neighborhood, 34.2% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 30.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (27.4%), and 7.9% in executive, management, and professional occupations.
The most common language spoken in the North Memphis East neighborhood is English, spoken by 99.1% of households.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the North Memphis East neighborhood in Memphis, TN, residents most commonly identify their ethnicity or ancestry as German (0.2%).
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 North Memphis East neighborhood spend between 15 and 30 minutes commuting one-way to work (56.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (54.7%) 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 (22.6%) and 18.4% 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.