Real Estate Prices and Overview
Greens Mill / Shannon Hills median real estate prices are $159,134, which is more expensive than 76.9% of the neighborhoods
in Tennessee and 49.4% of the
neighborhoods in the U.S.
Average rental prices in Greens Mill / Shannon Hills are currently
$874, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.9%
of the neighborhoods in Tennessee.
Greens Mill / Shannon Hills is a suburban neighborhood (based on population
density) located in Hixson, Tennessee.
Greens Mill / Shannon Hills real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is owner occupied. Many of
the residences in the Greens Mill / Shannon Hills neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Real estate vacancies in Greens Mill / Shannon Hills are 6.5%,
which is lower than one will find in 66.9% of American
neighborhoods. Demand for real estate in Greens Mill / Shannon Hills
is above average for the U.S., and may signal some demand for either
price increases or new construction of residential product for this neighborhood.
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 Hixson,
the Greens Mill / Shannon Hills neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Modes of Transportation
Our research reveals that 95.3% of commuters who live in the
Greens Mill / Shannon Hills neighborhood get to work each day by driving
alone in their automobiles, which is a higher proportion than
98.4% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the Greens Mill / Shannon Hills neighborhood has more
Scots-Irish and African ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.6% of
this neighborhood's residents have Scots-Irish ancestry and 3.4% have African ancestry.
Greens Mill / Shannon Hills is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily
speak Japanese at home. While this may seem like a small percentage, it is higher
than 95.9% of the neighborhoods in America.
Notable & Unique: People
If you are an executive or professional seeking a neighborhood affording
an executive lifestyle, or just wanting to find where other executives
live in the area, the Greens Mill / Shannon Hills neighborhood should be
on your list. It has an enviable mix of spacious homes, relatively stable
real estate values, and residents that include a number of wealthy
executives, managers, and professionals. NeighborhoodScout's exclusive
analysis places it as one of the top 12.3% executive lifestyle
neighborhoods in the state of Tennessee.
The Neighbors: Income
There are two complementary 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 Greens Mill / Shannon Hills neighborhood in Hixson are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 78.4% of the neighborhoods in America.
In addition, 11.4% 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 59.3%
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 Greens Mill / Shannon Hills neighborhood, 47.9%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 21.8% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(19.7%), and 10.5% in clerical, assistant, and tech support occupations.
The Neighbors: Ethnicity / Ancestry
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 Greens Mill / Shannon Hills neighborhood in Hixson, TN, residents
most commonly identify their ethnicity or ancestry as Irish
(10.1%). There are also a number of people of German ancestry (9.7%) , and residents who report English roots (5.2%) , and some of the residents are also of Scots-Irish ancestry (3.6%) , along with some Sub-Saharan African ancestry residents (3.4%), among others.
The Neighbors: Languages
The most common language spoken in the Greens Mill / Shannon Hills
neighborhood is English, spoken by 93.5% 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 Greens Mill / Shannon Hills neighborhood spend
between 15 and 30 minutes commuting one-way to work (52.7% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (95.3%) drive alone in a private automobile to get to work.
In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.