South Bluffs median real estate price is $409,038, which is more expensive than 69.2% of the neighborhoods in Tennessee and 54.4% of the neighborhoods in the U.S.
The average rental price in South Bluffs is currently $2,209, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.8% of the neighborhoods in Tennessee.
South Bluffs is an urban neighborhood (based on population density) located in Memphis, Tennessee.
South Bluffs real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the South Bluffs neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 6.1% in South Bluffs. NeighborhoodScout analysis shows that this rate is lower than 56.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Memphis, the South Bluffs neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the most interesting things about the South Bluffs neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 61.8% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 98.9% of the neighborhoods in America.
In addition, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the South Bluffs neighborhood, where 41.0% have earned an advanced degree. Compare that to the average neighborhood in America, where just 14.1% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 97.1% of the neighborhoods in America.
Also, the South Bluffs neighborhood has a greater percentage of children living in poverty (55.9%) than found in 96.0% 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.
The real estate in the South Bluffs neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 77.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.3% of American neighborhoods.
Did you know that the South Bluffs neighborhood has more Lebanese and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Lebanese ancestry and 2.9% have Greek ancestry.
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 South Bluffs neighborhood in Memphis are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 51.9% of the neighborhoods in America. With 55.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.0% 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 South Bluffs neighborhood, 67.2% 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 18.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.4%), and 5.9% in clerical, assistant, and tech support occupations.
The most common language spoken in the South Bluffs neighborhood is English, spoken by 91.7% of households. Some people also speak Spanish (2.1%).
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 South Bluffs neighborhood in Memphis, TN, residents most commonly identify their ethnicity or ancestry as English (10.6%). There are also a number of people of Irish ancestry (8.3%), and residents who report Asian roots (8.2%), and some of the residents are also of German ancestry (7.3%), along with some Italian ancestry residents (4.4%), among others.
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 South Bluffs neighborhood spend between 15 and 30 minutes commuting one-way to work (42.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (78.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.