Franklin, TN (Franklin Oaks 1 / Royal Oaks Blvd)




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Franklin Oaks 1 / Royal Oaks Blvd

NEIGHBORHOOD REPORT
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640 Vital Statistics. 46 Condition Alerts found.

Real Estate alerts

Real Estate


44

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alerts 3 Alerts

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Demographics alerts

Demographics


136

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Crimes alerts

Crimes


67

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Schools alerts

Schools


65

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328

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About Franklin, TN (Franklin Oaks 1 / Royal Oaks Blvd)


Real Estate Prices and Overview

Franklin Oaks 1 / Royal Oaks Blvd median real estate price is $405,484, which is more expensive than 95.6% of the neighborhoods in Tennessee and 80.8% of the neighborhoods in the U.S.

The average rental price in Franklin Oaks 1 / Royal Oaks Blvd is currently $1,466, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.4% of the neighborhoods in Tennessee.

Franklin Oaks 1 / Royal Oaks Blvd is a suburban neighborhood (based on population density) located in Franklin, Tennessee.

Franklin Oaks 1 / Royal Oaks Blvd 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 Franklin Oaks 1 / Royal Oaks Blvd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 8.8% in Franklin Oaks 1 / Royal Oaks Blvd. 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 Franklin, the Franklin Oaks 1 / Royal Oaks Blvd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Notable & Unique: People

A majority of the adults in the Franklin Oaks 1 / Royal Oaks Blvd neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Tennessee by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 96.1% of the neighborhoods in Tennessee.

Notable & Unique: Diversity

Did you know that the Franklin Oaks 1 / Royal Oaks Blvd neighborhood has more Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.5% of this neighborhood's residents have Yugoslav ancestry.

Franklin Oaks 1 / Royal Oaks Blvd is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.4% of the neighborhoods in America.

Notable & Unique: Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Franklin Oaks 1 / Royal Oaks Blvd stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 80.6% of the residential real estate here was built in this one time period.


The Neighbors

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 Franklin Oaks 1 / Royal Oaks Blvd neighborhood in Franklin are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.4% of the neighborhoods in America. In addition, 3.0% 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 83.4% of America's neighborhoods.

The Neighbors: Occupations

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Franklin Oaks 1 / Royal Oaks Blvd neighborhood, 55.3% 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 22.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.2%), and 7.9% in manufacturing and laborer occupations.

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 Franklin Oaks 1 / Royal Oaks Blvd neighborhood in Franklin, TN, residents most commonly identify their ethnicity or ancestry as German (18.6%). There are also a number of people of English ancestry (13.3%), and residents who report Irish roots (12.2%), and some of the residents are also of Asian ancestry (9.4%), along with some Italian ancestry residents (4.0%), among others. In addition, 11.3% of the residents of this neighborhood were born in another country.

The Neighbors: 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 Franklin Oaks 1 / Royal Oaks Blvd neighborhood is English, spoken by 87.4% of households. Other important languages spoken here include South Asian languages and Chinese.

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 Franklin Oaks 1 / Royal Oaks Blvd neighborhood spend under 15 minutes commuting one-way to work (40.0% of working residents), one of the shortest commutes across America.

Here most residents (84.6%) 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 (9.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

Neighborhood Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:
  • Home Values, Rents: Federal Housing Finance Agency, U.S. Department of Housing and Urban Development.
  • Setting, Housing Stock, Homeownership: American Community Survey (U.S. Census Bureau), National Agriculture Statistics Service (U.S. Department of Agriculture).
Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

44 Vital Statistics. 3 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
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Average Market Rent

 

Average Market Rent:
/ per month

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Franklin, TN (Franklin Oaks 1 / Royal Oaks Blvd) HOMES

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TYPE OF Franklin, TN (Franklin Oaks 1 / Royal Oaks Blvd) HOMES

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SIZE OF Franklin, TN (Franklin Oaks 1 / Royal Oaks Blvd) HOMES

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SIZE OF Franklin, TN (Franklin Oaks 1 / Royal Oaks Blvd) HOMES

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homeownership

 
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Neighborhood Demographics Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau).

Date(s) & Update Frequency:   2015 (latest available). Updated annually.

Methodology:   Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more

136 Vital Statistics. 2 Condition Alerts found.

Lifestyle

 
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Special character

 
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Age / Marital Status

 

Age

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Marital Status

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Gender Ratio

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Military & College Status

 
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Household Types

 

One person households

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Same Sex Partners

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Married Couple with Child

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Single Parent with Child

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Employment Industries in Franklin Oaks 1 / Royal Oaks Blvd

 
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Commute to work

 

Average One-way Commute Time

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Languages Spoken (top 20)

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Unemployment Rate

 
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Average Income

 

Per Capita Income

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Median Household Income

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Education

 

Percent with College Degree

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Percent with Advanced Degree

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income & education

 
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Neighborhood Crime Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   Uniform Crime Reporting Program (Federal Bureau of Investigation), additional data from local police agencies.

Date(s) & Update Frequency:   Reflects 2015 calendar year; released from FBI in Sept. 2016 (latest available). Updated annually. Wheres 2016 data?

Methodology:   Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more

67 Vital Statistics. 1 Condition Alert found.

Neighborhood Crime Data

 

total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type

Murder
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Franklin Oaks 1 / Royal Oaks Blvd 0.101011101001110
Franklin 0.101011101001110
Tennessee 6.12

My Chances of Becoming a Victim of a Violent Crime

1 in

in Franklin Oaks 1 / Royal Oaks Blvd

1 in

in Franklin

1 in 163

in Tennessee

Franklin VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

United States VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Franklin Oaks 1 / Royal Oaks Blvd 0.101011101001110
Franklin 0.101011101001110
Tennessee 29.36

My Chances of Becoming a Victim of a Property Crime

1 in

in Franklin Oaks 1 / Royal Oaks Blvd

1 in

in Franklin

1 in 34

in Tennessee

Franklin Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

United States Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Franklin Oaks 1 / Royal Oaks Blvd 0.101011101001110
Franklin 0.101011101001110
Tennessee 17

Neighborhood Public School Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:
  • Test Scores: Edfacts (U.S. Department of Education), State departments of education.
  • Expenditures: National Center for Education Statistics.
  • Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
  • Test data: Reflects 2015 – 2016 school year.
  • Expenditures: 2015
  • Educational Environment: 2015 (latest available). Updated annually.

Methodology:   Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more

65 Vital Statistics. 15 Condition Alerts found.

School Rating Information

 

School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood *

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

FRANKLIN SSD


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Tennessee

(10 is best)

Better than of TN school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

Schools In This District

School Details Grades Quality Rating Compared to TN Quality Rating Compared to Nation
Moore Elementary School
1061 Lewisburg Pk
Franklin, TN, 37064
PK-05
Liberty Elementary School
600 Liberty Pk
Franklin, TN, 37064
PK-04
Poplar Grove 5-8 School
2959 Del Rio Pk
Franklin, TN, 37064
05-08
Poplar Grove K-4 School
2959 Del Rio Pk
Franklin, TN, 37064
PK-04
Freedom Intermediate School
840 Glass La
Franklin, TN, 37064
05-06
Johnson Elementary School
815 Glass La
Franklin, TN, 37064
PK-04
Franklin Elementary School
1501 Figuers Dr
Franklin, TN, 37064
PK-04
Freedom Middle School
750 Hwy 96 West
Franklin, TN, 37064
07-08

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

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