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Real Estate Prices & Overview

Fort Sanders median real estate price is $373,592, which is more expensive than 65.5% of the neighborhoods in Tennessee and 51.7% of the neighborhoods in the U.S.

The average rental price in Fort Sanders is currently $2,968, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.6% of the neighborhoods in Tennessee.

Fort Sanders is an urban neighborhood (based on population density) located in Knoxville, Tennessee.

Fort Sanders real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Fort Sanders neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Fort Sanders has a 14.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.5% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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.

People

One of the unique characteristics of the Fort Sanders neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.8% of the neighborhoods in America. The Fort Sanders neighborhood also has a greater percentage of children living in poverty (100.0%) than found in 99.8% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, neighborhoodScout's analysis shows that the Fort Sanders neighborhood has a greater concentration of residents currently enrolled in college than 99.7% of the neighborhoods in the U.S. With 77.9% of the population here attending college, this is very much a college-focused neighborhood.

Also, one of the really interesting characteristics about the Fort Sanders neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.6% of college-friendly places to live in the state of Tennessee.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Fort Sanders neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.5% of all American neighborhoods.

Real Estate

Renter-occupied real estate is dominant in the Fort Sanders neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 98.0%, which is higher than 98.7% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, one of the really unique and interesting things about the look and setting of the Fort Sanders neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 86.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.7% of all neighborhoods in America.

Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Fort Sanders neighborhood. A whopping 68.2% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.5% of the neighborhoods in the U.S. Everything here just feels new.

Modes of Transportation

In the Fort Sanders neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 13.7% of residents here. This is a higher proportion of walking commuters than we found in 96.7% of American neighborhoods. Get ready to put on your walking shoes if you move here!

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 Fort Sanders neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Fort Sanders neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 58.8% 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 95.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Significantly, 2.4% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 96.2% 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 Fort Sanders neighborhood in Knoxville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.8% of U.S. neighborhoods. With 100.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.8% 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 Fort Sanders neighborhood, 51.9% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 20.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.2%), and 11.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Fort Sanders neighborhood is English, spoken by 96.3% of households. Some people also speak African languages (2.4%).

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 Fort Sanders neighborhood in Knoxville, TN, residents most commonly identify their ethnicity or ancestry as Irish (12.5%). There are also a number of people of German ancestry (6.3%), and residents who report Polish roots (4.9%), and some of the residents are also of English ancestry (4.0%), along with some Asian ancestry residents (1.9%), among others.

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 Fort Sanders neighborhood spend under 15 minutes commuting one-way to work (58.8% of working residents), one of the shortest commutes across America.

Here most residents (67.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (13.7%) and 11.5% of residents also carpool with coworkers, friends, or neighbors 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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