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Real Estate Prices & Overview

Median real estate price in the Town Center of Collierville is $510,754, which is more expensive than 81.7% of the neighborhoods in Tennessee and 66.6% of the neighborhoods in the U.S.

The average rental price in Collierville Town Center is currently $1,813, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.9% of Tennessee neighborhoods.

Collierville Town Center is a rural neighborhood (based on population density) located in Collierville, Tennessee.

Real estate in the Town Center of Collierville, TN is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.4% in Collierville Town Center. NeighborhoodScout analysis shows that this rate is lower than 51.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Collierville, the Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

In the Collierville Town Center neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 26.1% of commuters carpool here, which is more than in 97.6% of all U.S. neighborhoods.

People

With more than 1.9% of residents living with a same sex partner, Town Center is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.5% of U.S. neighborhoods.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Collierville Town Center neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.6% of all American neighborhoods.

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 Town Center neighborhood in Collierville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.3% of the neighborhoods in America. In addition, 1.4% 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 77.2% of America'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 Collierville Town Center neighborhood, 38.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.7%), and 7.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Collierville Town Center neighborhood is English, spoken by 87.8% of households. Some people also speak Spanish (4.1%).

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 Town Center neighborhood in Collierville, TN, residents most commonly identify their ethnicity or ancestry as Mexican (10.4%). There are also a number of people of English ancestry (7.2%), and residents who report Sub-Saharan African roots (6.3%), and some of the residents are also of Irish ancestry (5.6%), along with some German ancestry residents (2.5%), among others. In addition, 12.4% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Collierville Town Center neighborhood spend under 15 minutes commuting one-way to work (50.6% of working residents), one of the shortest commutes across America.

Here most residents (63.2%) 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 (26.1%) . 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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