Real Estate Prices and Overview
Woodmore median real estate prices are $90,342, which is less expensive than 71.9% of Tennessee neighborhoods
and 80.6% of all U.S. neighborhoods.
Average rental prices in Woodmore are currently
$675, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 58.6% of Tennessee neighborhoods.
Woodmore is a suburban neighborhood (based on population
density) located in Chattanooga, Tennessee.
Woodmore 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 occupied by a mixture of owners and renters. Many of
the residences in the Woodmore neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Woodmore, the current vacancy rate is 3.9%,
which is a lower rate of vacancies than 82.8% of all neighborhoods
in the U.S. This means that the housing supply in Woodmore
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: Diversity
Significantly, 0.1% of its residents five years old and above primarily
speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher
than 95.0% of the neighborhoods in America.
The Neighbors: Income
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 Woodmore neighborhood in Chattanooga are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 81.5% of U.S. neighborhoods.
With 28.4% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 71.4%
of U.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 Woodmore neighborhood, 32.4%
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 23.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(21.8%), and 20.3% 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 Woodmore neighborhood in Chattanooga, TN, residents
most commonly identify their ethnicity or ancestry as Sub-Saharan African
(2.1%). There are also a number of people of Irish ancestry (2.1%) , and residents who report African roots (1.9%) , and some of the residents are also of German ancestry (1.4%) , along with some Scottish ancestry residents (1.3%), among others.
The Neighbors: Languages
The most common language spoken in the Woodmore
neighborhood is English, spoken by 93.9% of households. Some people also speak Spanish (2.8%).
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 Woodmore neighborhood spend
between 15 and 30 minutes commuting one-way to work (61.1% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.3%) 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 (13.8%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.