New Pathways South median real estate price is $125,884, which is less expensive than 92.1% of Tennessee neighborhoods and 92.3% of all U.S. neighborhoods.
The average rental price in New Pathways South is currently $905, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.2% of Tennessee neighborhoods.
New Pathways South is a suburban neighborhood (based on population density) located in Memphis, Tennessee.
New Pathways South 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 renter occupied. Many of the residences in the New Pathways South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
New Pathways South has a 13.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
The New Pathways South neighborhood stands out for having an average per capita income lower than 99.2% of the neighborhoods in the United States. Also of note, 74.3% 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.
In addition, one of the most interesting things about the New Pathways South neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 59.8% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 98.7% of the neighborhoods in America.
Also, the New Pathways South neighborhood is unique for having just 4.1% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.9% of America's neighborhoods.
Renter-occupied real estate is dominant in the New Pathways South neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 86.5%, which is higher than 95.8% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Our research reveals that 88.4% of commuters who live in the New Pathways South neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 95.4% of U.S. neighborhoods.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the New Pathways South neighborhood. More residents of the New Pathways South neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.8% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 New Pathways South 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 99.2% of U.S. neighborhoods. With 74.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.0% 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 New Pathways South neighborhood, 33.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 26.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.2%), and 14.8% in executive, management, and professional occupations.
The most common language spoken in the New Pathways South neighborhood is English, spoken by 100.0% 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 New Pathways South neighborhood in Memphis, TN, residents most commonly identify their ethnicity or ancestry as English (4.7%).
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 New Pathways South neighborhood spend between 15 and 30 minutes commuting one-way to work (63.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (88.4%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (5.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.