Real Estate Prices and Overview
Chelsea Ave / Warford St median real estate prices are $35,170, which is less expensive than 99.7% of Tennessee neighborhoods
and 99.4% of all U.S. neighborhoods.
Average rental prices in Chelsea Ave / Warford St are currently
$787, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.6%
of the neighborhoods in Tennessee.
Chelsea Ave / Warford St is a suburban neighborhood (based on population
density) located in Memphis, Tennessee.
Chelsea Ave / Warford St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Chelsea Ave / Warford St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in
Chelsea Ave / Warford St. The current real estate vacancy rate here is 26.1%.
This is higher than the rate of vacancies in 91.7% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.
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 Memphis,
the Chelsea Ave / Warford St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
One of the unique characteristics of the Chelsea Ave / Warford St
neighborhood revealed by analysis is that the per capita income of
residents here is lower than that found in 96.2% of the neighborhoods
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 Chelsea Ave / Warford St neighborhood in Memphis are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 96.2% of U.S. neighborhoods.
With 50.4% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 91.0%
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 Chelsea Ave / Warford St neighborhood, 33.8%
of the working population is employed in manufacturing and laborer 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 28.1% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(27.9%), and 11.3% in government jobs, whether they are in local, state, or federal positions.
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 Chelsea Ave / Warford St neighborhood in Memphis, TN, residents
most commonly identify their ethnicity or ancestry as Mexican
The Neighbors: Languages
The most common language spoken in the Chelsea Ave / Warford St
neighborhood is English, spoken by 97.1% of households. Some people also speak Spanish (2.9%).
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 Chelsea Ave / Warford St neighborhood spend
between 15 and 30 minutes commuting one-way to work (43.1% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (70.3%) 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 (18.2%) and 6.1% of residents also ride the bus 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.