-
-
-
- Menu
E Person Ave / Elvis Presley Blvd median real estate price is $59,830, which is less expensive than 97.3% of Tennessee neighborhoods and 96.6% of all U.S. neighborhoods.
The average rental price in E Person Ave / Elvis Presley Blvd is currently $887, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.7% of Tennessee neighborhoods.
E Person Ave / Elvis Presley Blvd is a suburban neighborhood (based on population density) located in Memphis, Tennessee.
E Person Ave / Elvis Presley Blvd real estate 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 E Person Ave / Elvis Presley Blvd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in E Person Ave / Elvis Presley Blvd. The current real estate vacancy rate here is 38.5%. This is higher than the rate of vacancies in 96.8% 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.
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.
One of the unique characteristics of the E Person Ave / Elvis Presley Blvd neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.2% of the neighborhoods in America. The E Person Ave / Elvis Presley Blvd neighborhood also has a greater percentage of children living in poverty (77.8%) than found in 99.3% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the E Person Ave / Elvis Presley Blvd neighborhood, is that an incredible 81.1% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
In addition, despite all of the residential real estate here in the E Person Ave / Elvis Presley Blvd 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 38.5%, which is higher than 96.8% of all U.S. neighborhoods.
It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the E Person Ave / Elvis Presley Blvd neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 3.9% of the workforce so employed, this neighborhood has a greater concentration of such workers than 95.3% of U.S. neighborhoods.
Did you know that the E Person Ave / Elvis Presley Blvd neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 36.7% of this neighborhood's residents have Sub-Saharan African ancestry and 8.6% have African ancestry.
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 E Person Ave / Elvis Presley Blvd neighborhood in Memphis are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.2% of U.S. neighborhoods. With 77.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.3% of U.S. neighborhoods.
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 E Person Ave / Elvis Presley Blvd neighborhood, 36.2% 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 manufacturing and laborer occupations, with 33.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.2%), and 5.9% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the E Person Ave / Elvis Presley Blvd neighborhood is English, spoken by 98.9% of households.
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 E Person Ave / Elvis Presley Blvd neighborhood in Memphis, TN, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (36.7%). There are also a number of people of African ancestry (8.6%).
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 E Person Ave / Elvis Presley Blvd neighborhood spend between 15 and 30 minutes commuting one-way to work (60.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (80.8%) 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 (10.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2018 (latest available). Updated annually. Please note: Unemployment data updated November 2020.
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 about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 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 about Scout's Crime Data
Analytics built by: Location, Inc.
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 about Scout's School Data
| School Details | Grades | Quality Rating Compared to TN* | Quality Rating Compared to Nation* |
|---|---|---|---|
|
Charjean Elementary School
2140 Charjean Rd Memphis, TN 38114 |
PK-06 | ||
|
Hamilton Elementary School
1378 Ethlyn Ave Memphis, TN 38106 |
PK-05 | ||
|
Hamilton High School
1363 E Person Ave Memphis, TN 38106 |
09-12 | ||
|
Hamilton Middle School
1478 Wilson St Memphis, TN 38106 |
06-09 | ||
|
Magnolia Elementary School
2061 Livewell Cr Memphis, TN 38114 |
PK-05 | ||
|
Melrose High School
2870 Deadrick Ave Memphis, TN 38114 |
09-12 | ||
|
Memphis College Preparatory School
1500 Dunn Ave Memphis, TN 38106 |
KG-05 | ||
|
Veritas College Preparatory School
1500 Dunn Ave Memphis, TN 38106 |
06-08 | ||
| * 10 is highest | |||
GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT
SEE ALL SCHOOLSAnalytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
Disclaimer
Forecasts of potential occurrences or non-occurrences of future conditions and events are inherently uncertain. Actual
results may differ materially from what is predicted in any information provided by Location Inc. Nothing contained in or
generated by a Location Inc. product or services is, or should be relied upon as, a promise or representation as to the future
performance or prediction of real estate values. No representation is made as to the accuracy of any forecast, estimate, or
projection. Location Inc. makes no express or implied warranty and all information and content is provided "As is" without
any warranties of any kind. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of
merchantability and fitness for a particular purpose. Location Inc. further disclaims any liability for damages, loss, or injury
arising out of the use this site and the data. All risks associated with using the site and the data are borne by the user at
user's sole cost and expense. By using the site you agree to our
Terms of Use.
