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Real Estate Prices & Overview

Tuskegee Institute North median real estate price is $126,053, which is less expensive than 77.2% of Alabama neighborhoods and 90.1% of all U.S. neighborhoods.

The average rental price in Tuskegee Institute North is currently $1,219, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.9% of Alabama neighborhoods.

Tuskegee Institute North is a rural neighborhood (based on population density) located in Tuskegee, Alabama.

Tuskegee Institute North 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 Tuskegee Institute North 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 Tuskegee Institute North. The current real estate vacancy rate here is 41.1%. This is higher than the rate of vacancies in 97.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. 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 Tuskegee, the Tuskegee Institute North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Tuskegee Institute North neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 25.3% of its workforce, this neighborhood has a greater concentration of government workers than 99.7% of U.S. neighborhoods.

People

Of note, 74.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Real Estate

Despite all of the residential real estate here in the Tuskegee Institute North neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 41.1%, which is higher than 97.7% of all U.S. neighborhoods.

The Neighbors

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 Tuskegee Institute North neighborhood in Tuskegee are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.9% of U.S. neighborhoods. With 74.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.9% of U.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 Tuskegee Institute North neighborhood, 41.4% of the working population is employed in executive, management, and professional 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 37.5% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (25.3%), and 14.5% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Tuskegee Institute North neighborhood is English, spoken by 99.0% of households.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Tuskegee Institute North neighborhood in Tuskegee, AL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (1.0%).

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 Tuskegee Institute North neighborhood spend under 15 minutes commuting one-way to work (36.9% of working residents), one of the shortest commutes across America.

Here most residents (77.1%) 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 (15.7%) . 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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