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Real Estate Prices & Overview

Gardner / Mount Pelia median real estate price is $279,875, which is more expensive than 43.4% of the neighborhoods in Tennessee and 36.1% of the neighborhoods in the U.S.

The average rental price in Gardner / Mount Pelia is currently $1,429, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.4% of Tennessee neighborhoods.

Gardner / Mount Pelia is a remote neighborhood (based on population density) located in Martin, Tennessee.

Gardner / Mount Pelia real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Gardner / Mount Pelia neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Gardner / Mount Pelia has a 11.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.0% 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

If you're planning where to retire, the Gardner / Mount Pelia neighborhood in Martin is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in TN, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.5% of the neighborhoods in Tennessee. If you are considering retiring to Tennessee, this is a good neighborhood to look at.

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 Gardner / Mount Pelia neighborhood in Martin are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.6% of U.S. neighborhoods. With 24.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.4% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Gardner / Mount Pelia neighborhood, 52.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 19.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.8%), and 9.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Gardner / Mount Pelia neighborhood is English, spoken by 97.3% of households.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Gardner / Mount Pelia neighborhood in Martin, TN, residents most commonly identify their ethnicity or ancestry as German (16.2%). There are also a number of people of Irish ancestry (10.6%), and residents who report English roots (8.6%), and some of the residents are also of Scottish ancestry (4.3%), along with some Italian ancestry residents (2.5%), 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 Gardner / Mount Pelia neighborhood spend under 15 minutes commuting one-way to work (55.0% of working residents), one of the shortest commutes across America.

Here most residents (75.4%) 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 (15.1%) . 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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