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Real Estate Prices & Overview

Gailyn Manor Estates / Luther Road Acres median real estate price is $413,343, which is more expensive than 76.7% of the neighborhoods in Tennessee and 61.6% of the neighborhoods in the U.S.

The average rental price in Gailyn Manor Estates / Luther Road Acres is currently $2,570, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.6% of the neighborhoods in Tennessee.

Gailyn Manor Estates / Luther Road Acres is a suburban neighborhood (based on population density) located in Bartlett, Tennessee.

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

In Gailyn Manor Estates / Luther Road Acres, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Gailyn Manor Estates / Luther Road Acres is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Owner-occupied real estate dominates the Gailyn Manor Estates / Luther Road Acres neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.1% of neighborhoods in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Gailyn Manor Estates / Luther Road Acres neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, one way that the Gailyn Manor Estates / Luther Road Acres neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.0% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Furthermore, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Gailyn Manor Estates / Luther Road Acres neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.5% of all American neighborhoods.

People

According to NeighborhoodScout's exclusive analysis, Gailyn Manor Estates / Luther Road Acres is among the best neighborhoods for families in Tennessee. In fact, this neighborhood is more family-friendly than 98.2% of neighborhoods in the entire state of Tennessee. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Gailyn Manor Estates / Luther Road Acres neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for college students and highly educated executives.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Gailyn Manor Estates / Luther Road Acres neighborhood may actually hold the key. 71.0% of its residents are married, which is a higher percentage than is found in 98.2% of the neighborhoods in America.

Occupations

The Gailyn Manor Estates / Luther Road Acres neighborhood stands out nationally for having a greater proportion of its residents active in the military than 96.5% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Diversity

Did you know that the Gailyn Manor Estates / Luther Road Acres neighborhood has more Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Arab 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 Gailyn Manor Estates / Luther Road Acres neighborhood in Bartlett are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.3% of the neighborhoods in America. With 11.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.8% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Gailyn Manor Estates / Luther Road Acres neighborhood, 46.6% 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 19.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.2%), and 16.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Gailyn Manor Estates / Luther Road Acres neighborhood is English, spoken by 96.2% of households. Some people also speak Italian (2.9%).

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 Gailyn Manor Estates / Luther Road Acres neighborhood in Bartlett, TN, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (9.7%). There are also a number of people of German ancestry (5.0%), and residents who report Arab roots (4.4%), and some of the residents are also of English ancestry (3.8%), along with some Irish ancestry residents (3.7%), 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 Gailyn Manor Estates / Luther Road Acres neighborhood spend between 15 and 30 minutes commuting one-way to work (51.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (88.5%) 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.


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