Memphis, TN (U of Memphis / Watauga Ave)




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U of Memphis / Watauga Ave

NEIGHBORHOOD REPORT
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640 Vital Statistics. 22 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

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Demographics alerts

Demographics


136

Statistics

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Crimes alerts

Crimes


67

Statistics

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Schools alerts

Schools


65

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328

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About Memphis, TN (U of Memphis / Watauga Ave)


Real Estate Prices and Overview

U of Memphis / Watauga Ave median real estate price is $407,396, which is more expensive than 91.5% of the neighborhoods in Tennessee and 73.8% of the neighborhoods in the U.S.

The average rental price in U of Memphis / Watauga Ave is currently $942, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.5% of the neighborhoods in Tennessee.

U of Memphis / Watauga Ave is an urban neighborhood (based on population density) located in Memphis, Tennessee.

U of Memphis / Watauga Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the U of Memphis / Watauga Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

U of Memphis / Watauga Ave has a 14.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.5% 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.

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.

Notable & Unique: People

An extraordinary 55.4% of the residents of the U of Memphis / Watauga Ave neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, one of the really interesting characteristics about the U of Memphis / Watauga Ave neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 2.0% of college-friendly places to live in the state of Tennessee.

Also, one of the unique characteristics of the U of Memphis / Watauga Ave neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.4% of the neighborhoods in America.

Notable & Unique: Occupations

There are more people living in the U of Memphis / Watauga Ave neighborhood employed as sales and service workers (48.3%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Notable & Unique: Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the U of Memphis / Watauga Ave neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Notable & Unique: Modes of Transportation

In the U of Memphis / Watauga Ave neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 19.5% of residents here. This is a higher proportion of walking commuters than we found in 97.6% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Notable & Unique: Real Estate

89.1% of the real estate in the U of Memphis / Watauga Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the U of Memphis / Watauga Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 81.3% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.


The Neighbors

The Neighbors: Income

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 U of Memphis / Watauga Ave 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 96.4% of U.S. neighborhoods. With 17.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.4% of U.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 U of Memphis / Watauga Ave neighborhood, 51.7% 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 clerical, assistant, and tech support occupations (14.9%), and 5.1% 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 U of Memphis / Watauga Ave neighborhood in Memphis, TN, residents most commonly identify their ethnicity or ancestry as English (12.4%). There are also a number of people of German ancestry (9.0%), and residents who report Irish roots (8.8%), and some of the residents are also of Asian ancestry (6.0%), along with some Scottish ancestry residents (3.6%), among others.

The Neighbors: Languages

The most common language spoken in the U of Memphis / Watauga Ave neighborhood is English, spoken by 90.4% of households.

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 U of Memphis / Watauga Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (46.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.1%) 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 (19.5%) and 7.9% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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

44 Vital Statistics. 4 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:
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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 Memphis, TN (U of Memphis / Watauga Ave) HOMES

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TYPE OF Memphis, TN (U of Memphis / Watauga Ave) HOMES

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SIZE OF Memphis, TN (U of Memphis / Watauga Ave) HOMES

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SIZE OF Memphis, TN (U of Memphis / Watauga Ave) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 0 Condition Alerts found.

Lifestyle

 
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Age / Marital Status

 

Age

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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 U of Memphis / Watauga Ave

 
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Commute to work

 

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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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Unemployment Rate

 
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Average Income

 

Per Capita Income

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Education

 

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income & education

 
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Neighborhood Crime Data

67 Vital Statistics. 4 Condition Alerts 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
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Robbery
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Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
U of Memphis / Watauga Ave 0.101011101001110
Memphis 0.101011101001110
Tennessee 6.12
My Chances of Becoming a Victim of a Violent Crime

1 in

in U of Memphis / Watauga Ave

1 in

in Memphis

1 in 163

in Tennessee
Memphis 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
U of Memphis / Watauga Ave 0.101011101001110
Memphis 0.101011101001110
Tennessee 29.36
My Chances of Becoming a Victim of a Property Crime

1 in

in U of Memphis / Watauga Ave

1 in

in Memphis

1 in 34

in Tennessee
Memphis 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
U of Memphis / Watauga Ave 0.101011101001110
Memphis 0.101011101001110
Tennessee 17

Neighborhood Public School Data

65 Vital Statistics. 4 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:

SHELBY COUNTY


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.

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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

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
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Total Support
Non-instructional Expenditures
Total Expenditures

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