Real Estate Prices and Overview
Northwoods / Oak Hill North median real estate prices are $129,114, which is more expensive than 59.5% of the neighborhoods
in Tennessee and 37.2% of the
neighborhoods in the U.S.
Average rental prices in Northwoods / Oak Hill North are currently
$722, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.2%
of the neighborhoods in Tennessee.
Northwoods / Oak Hill North is a suburban neighborhood (based on population
density) located in Chattanooga, Tennessee.
Northwoods / Oak Hill North real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is owner occupied. Many of
the residences in the Northwoods / Oak Hill North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Northwoods / Oak Hill North has a 13.2% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
67.6% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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
Notable & Unique: Diversity
Did you know that the Northwoods / Oak Hill North neighborhood has more
Welsh and Iranian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.3% of
this neighborhood's residents have Welsh ancestry and 0.8% have Iranian ancestry.
Notable & Unique: People
The Northwoods / Oak Hill North 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 8%
of college-friendly places to live in TN.
In addition to being an excellent choice for college students, this
neighborhood is also a very good choice for active retirees.
The Neighbors: Income
There are two complimentary 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 Northwoods / Oak Hill North neighborhood in Chattanooga are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 52.6% of the neighborhoods in America.
In addition, 12.5% 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 56.7%
of America's neighborhoods.
The Neighbors: Occupations
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 Northwoods / Oak Hill North neighborhood, 37.2%
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 27.7% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(20.0%), and 14.5% in manufacturing and laborer occupations.
The Neighbors: 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 Northwoods / Oak Hill North neighborhood in Chattanooga, TN, residents
most commonly identify their ethnicity or ancestry as English
(11.7%). There are also a number of people of German ancestry (10.0%) , and residents who report Irish roots (6.4%) , and some of the residents are also of French ancestry (3.7%) , along with some Mexican ancestry residents (2.8%), among others.
The Neighbors: Languages
The most common language spoken in the Northwoods / Oak Hill North
neighborhood is English, spoken by 97.6% of households.
Getting to Work
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 Northwoods / Oak Hill North neighborhood spend
between 15 and 30 minutes commuting one-way to work (58.0% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (84.9%) 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 (13.0%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.