Fisk Meharry / Fisk University median real estate price is $728,203, which is more expensive than 93.5% of the neighborhoods in Tennessee and 80.6% of the neighborhoods in the U.S.
The average rental price in Fisk Meharry / Fisk University is currently $1,367, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.4% of Tennessee neighborhoods.
Fisk Meharry / Fisk University is an urban neighborhood (based on population density) located in Nashville, Tennessee.
Fisk Meharry / Fisk University 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 renter occupied. Many of the residences in the Fisk Meharry / Fisk University neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Fisk Meharry / Fisk University has a 11.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.6% 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.
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 Nashville, the Fisk Meharry / Fisk University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's analysis shows that the Fisk Meharry / Fisk University neighborhood has a greater concentration of residents currently enrolled in college than 98.8% of the neighborhoods in the U.S. With 33.6% of the population here attending college, this is very much a college-focused neighborhood.
In addition, the Fisk Meharry / Fisk University neighborhood stands out for having an average per capita income lower than 98.6% of the neighborhoods in the United States.
Also, the Fisk Meharry / Fisk University neighborhood stands out within Tennessee for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.4% of college-friendly places to live in TN.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Fisk Meharry / Fisk University neighborhood has a highly unusual pattern of car ownership. 37.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.9% of U.S. neighborhoods.
Renter-occupied real estate is dominant in the Fisk Meharry / Fisk University neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 88.7%, which is higher than 96.4% 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.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Fisk Meharry / Fisk University neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.6% of all American neighborhoods.
Did you know that the Fisk Meharry / Fisk University neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.5% of this neighborhood's residents have African ancestry and 18.0% have Sub-Saharan African ancestry.
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 Fisk Meharry / Fisk University neighborhood in Nashville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.6% of U.S. neighborhoods. With 42.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.0% 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 Fisk Meharry / Fisk University neighborhood, 38.0% 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 31.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.6%), and 10.6% in clerical, assistant, and tech support occupations.
The most common language spoken in the Fisk Meharry / Fisk University neighborhood is English, spoken by 91.3% of households. Some people also speak Spanish (2.6%).
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 Fisk Meharry / Fisk University neighborhood in Nashville, TN, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (18.0%). There are also a number of people of African ancestry (12.5%), and residents who report Puerto Rican roots (6.4%), and some of the residents are also of English ancestry (3.6%), along with some Irish ancestry residents (2.6%), 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 Fisk Meharry / Fisk University neighborhood spend under 15 minutes commuting one-way to work (51.5% of working residents), one of the shortest commutes across America.
Here most residents (46.9%) 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 (21.2%) and 9.9% 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.