Real Estate Prices and Overview
Austin Peay State U / Kraft St median real estate prices are $71,492, which is less expensive than 89.1% of Tennessee neighborhoods
and 90.3% of all U.S. neighborhoods.
Average rental prices in Austin Peay State U / Kraft St are currently
$452, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 75.7% of Tennessee neighborhoods.
Austin Peay State U / Kraft St is a suburban neighborhood (based on population
density) located in Clarksville, Tennessee.
Austin Peay State U / Kraft St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is renter occupied. Many of
the residences in the Austin Peay State U / Kraft St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Austin Peay State U / Kraft St has a 14.0% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
70.5% 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
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 Clarksville,
the Austin Peay State U / Kraft St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
The Austin Peay State U / Kraft St neighborhood stands out for having an
average per capita income lower than 98.0% of the neighborhoods
in the United States.
The Austin Peay State U / Kraft St neighborhood also has a greater percentage
of children living in poverty (84.4%) than found in
99.5% 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.
In addition, an extraordinary 45.1% of the residents of the
Austin Peay State U / Kraft St neighborhood are currently enrolled in college. This is
such a large part of life in this neighborhood that the neighborhood changes
a great deal with the change of semesters and is far quieter during
the summer when many students are away.
Also, with a nice mix of college students, safety from crime, and decent
walkability, the Austin Peay State U / Kraft St neighborhood rates highly
as a college student friendly place to live, and one that college
students and their parents may want to consider. NeighborhoodScout's
analysis shows that it rates more highly for a good place for college
students to live than 89% of the neighborhoods in
TN. This often also means that the area has certain amenities
and services geared towards college students, from undergraduates to
Notable & Unique: Occupations
With 5.0% of employed workers living in the
Austin Peay State U / Kraft St neighborhood active in the military, this neighborhood has
the distinction of having a higher proportion of people in the military
than 98.9% of American neighborhoods. This is a major
shaper of the neighborhood's culture and character.
Furthermore, from major sales accounts to fast-food workers, sales and service employees
are often the backbone of the local economy. In the Austin Peay State U / Kraft St
neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis
identifies this neighborhood as having a higher percentage of sales and
service workers than 96.2% of all American neighborhoods.
Notable & Unique: Real Estate
In addition, 85.0% of the real estate in the Austin Peay State U / Kraft St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
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 Austin Peay State U / Kraft St neighborhood in Clarksville are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 98.0% of U.S. neighborhoods.
With 84.4% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 99.5%
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 Austin Peay State U / Kraft St neighborhood, 43.4%
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 22.4% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(21.9%), and 12.2% in clerical, assistant, and tech support 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 Austin Peay State U / Kraft St neighborhood in Clarksville, TN, residents
most commonly identify their ethnicity or ancestry as German
(9.2%). There are also a number of people of Irish ancestry (5.3%) , and residents who report Mexican roots (1.8%) , and some of the residents are also of French ancestry (1.6%) , along with some Dutch ancestry residents (1.4%), among others.
The Neighbors: Languages
The most common language spoken in the Austin Peay State U / Kraft St
neighborhood is English, spoken by 92.9% of households. Some people also speak Spanish (3.6%).
Getting to Work
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 Austin Peay State U / Kraft St neighborhood spend
between 15 and 30 minutes commuting one-way to work (41.1% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.2%) 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 (11.9%) and 10.8% of residents also hop out the door and walk to work 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.