Posey Acres / Mcgwynn Springs median real estate price is $291,373, which is more expensive than 43.5% of the neighborhoods in Tennessee and 36.5% of the neighborhoods in the U.S.
The average rental price in Posey Acres / Mcgwynn Springs is currently $1,757, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.5% of Tennessee neighborhoods.
Posey Acres / Mcgwynn Springs is a suburban neighborhood (based on population density) located in Smyrna, Tennessee.
Posey Acres / Mcgwynn Springs real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Posey Acres / Mcgwynn Springs neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 8.2% in Posey Acres / Mcgwynn Springs. NeighborhoodScout analysis shows that this rate is lower than 44.6% 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 Smyrna, the Posey Acres / Mcgwynn Springs neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Posey Acres / Mcgwynn Springs neighborhood has a greater proportion of government workers living in it than 97.3% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
According to NeighborhoodScout's research, Posey Acres / Mcgwynn Springs is better suited for first-time home buyers than 87.4% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Tennessee. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood
Did you know that the Posey Acres / Mcgwynn Springs neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.6% of this neighborhood's residents have Jamaican 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 Posey Acres / Mcgwynn Springs neighborhood in Smyrna are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 67.7% of U.S. neighborhoods. In addition, 8.6% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 53.0% of America'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 Posey Acres / Mcgwynn Springs neighborhood, 31.0% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.0%), and 15.3% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Posey Acres / Mcgwynn Springs neighborhood is English, spoken by 83.0% of households. Some people also speak Spanish (16.5%).
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 Posey Acres / Mcgwynn Springs neighborhood in Smyrna, TN, residents most commonly identify their ethnicity or ancestry as English (12.3%). There are also a number of people of Jamaican ancestry (6.6%), and residents who report South American roots (5.4%), and some of the residents are also of Mexican ancestry (4.2%), along with some German ancestry residents (3.4%), among others. In addition, 14.2% of the residents of this neighborhood were born in another country.
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 Posey Acres / Mcgwynn Springs neighborhood spend under 15 minutes commuting one-way to work (31.9% of working residents), one of the shortest commutes across America.
Here most residents (75.5%) 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 (9.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.