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Real Estate Prices & Overview

Tree Streets median real estate price is $315,480, which is more expensive than 50.2% of the neighborhoods in Tennessee and 41.0% of the neighborhoods in the U.S.

The average rental price in Tree Streets is currently $1,649, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.0% of Tennessee neighborhoods.

Tree Streets is a suburban neighborhood (based on population density) located in Johnson City, Tennessee.

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

Vacant apartments or homes are a major fact of life in Tree Streets. The current real estate vacancy rate here is 22.0%. This is higher than the rate of vacancies in 89.1% 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.

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.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Tree Streets neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Tree Streets neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 61.3% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

With a nice mix of college students, safety from crime, and decent walkability, the Tree Streets neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.7% of the neighborhoods in TN. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Tree Streets neighborhood has more Scottish and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.1% of this neighborhood's residents have Scottish ancestry and 6.0% have South American ancestry.

Tree Streets is also pretty special linguistically. Significantly, 0.6% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 95.5% of the neighborhoods in America.

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 Tree Streets neighborhood in Johnson City are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.7% of U.S. neighborhoods. With 17.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.2% 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 Tree Streets neighborhood, 50.5% of the working population is employed in executive, management, and professional 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 18.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.2%), and 15.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Tree Streets neighborhood is English, spoken by 96.0% of households. Some people also speak Polish (2.9%).

Ethnicity / Ancestry

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 Tree Streets neighborhood in Johnson City, TN, residents most commonly identify their ethnicity or ancestry as Irish (18.2%). There are also a number of people of German ancestry (17.3%), and residents who report English roots (15.8%), and some of the residents are also of Italian ancestry (6.9%), along with some South American ancestry residents (6.0%), 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 Tree Streets neighborhood spend under 15 minutes commuting one-way to work (61.3% of working residents), one of the shortest commutes across America.

Here most residents (71.5%) 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 (9.2%) . 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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