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Real Estate Prices & Overview

Canadaville / Macon median real estate price is $462,863, which is more expensive than 76.4% of the neighborhoods in Tennessee and 62.2% of the neighborhoods in the U.S.

The average rental price in Canadaville / Macon is currently $1,413, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.7% of Tennessee neighborhoods.

Canadaville / Macon is a remote neighborhood (based on population density) located in Oakland, Tennessee.

Canadaville / Macon real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Canadaville / Macon neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Canadaville / Macon, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 83.7% of all neighborhoods in the U.S. This means that the housing supply in Canadaville / Macon is very tight compared to the demand for property here.

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 Oakland, the Canadaville / Macon neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you are planning to retire in Tennessee, this neighborhood should be on your must-see list. For many reasons, Canadaville / Macon may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Tennessee, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 96.9% of neighborhoods in TN. If a Tennessee retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for families with school-aged children.

Diversity

Did you know that the Canadaville / Macon neighborhood has more Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Canadian ancestry.

The Neighbors

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 Canadaville / Macon neighborhood in Oakland are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.6% of the neighborhoods in America. In addition, 3.1% 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 70.9% of America's neighborhoods.

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 Canadaville / Macon neighborhood, 45.0% 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 25.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.0%), and 12.1% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Canadaville / Macon neighborhood is English, spoken by 97.6% of households. Other important languages spoken here include Italian and Spanish.

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 Canadaville / Macon neighborhood in Oakland, TN, residents most commonly identify their ethnicity or ancestry as Irish (12.6%). There are also a number of people of English ancestry (12.2%), and residents who report German roots (8.8%), and some of the residents are also of Mexican ancestry (4.5%), along with some Italian ancestry residents (3.1%), among others.

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 Canadaville / Macon neighborhood spend between 45 minutes and one hour commuting one-way to work (45.9% of working residents), longer and tougher than most commutes in America.

Here most residents (82.9%) 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 (7.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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