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Real Estate Prices & Overview

Porter Heights / Rosebank median real estate price is $522,549, which is more expensive than 87.4% of the neighborhoods in Tennessee and 71.2% of the neighborhoods in the U.S.

The average rental price in Porter Heights / Rosebank is currently $3,311, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.4% of the neighborhoods in Tennessee.

Porter Heights / Rosebank is a suburban neighborhood (based on population density) located in Nashville, Tennessee.

Porter Heights / Rosebank 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 owner occupied. Many of the residences in the Porter Heights / Rosebank neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

In Porter Heights / Rosebank, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 83.3% of all neighborhoods in the U.S. This means that the housing supply in Porter Heights / Rosebank is very tight compared to the demand for property here.

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 Nashville, the Porter Heights / Rosebank neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Porter Heights / Rosebank neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Porter Heights / Rosebank community truly stands out from the rest in this regard.

Modes of Transportation

In the Porter Heights / Rosebank neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 33.6% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 98.4% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Diversity

Did you know that the Porter Heights / Rosebank neighborhood has more Austrian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.6% of this neighborhood's residents have Austrian ancestry and 2.2% have Ukrainian ancestry.

Porter Heights / Rosebank is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.

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 Porter Heights / Rosebank neighborhood in Nashville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 79.5% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Porter Heights / Rosebank neighborhood, 56.3% 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 15.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.2%), and 14.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Porter Heights / Rosebank neighborhood is English, spoken by 92.9% of households. Some people also speak Korean (2.2%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Porter Heights / Rosebank neighborhood in Nashville, TN, residents most commonly identify their ethnicity or ancestry as Irish (14.6%). There are also a number of people of English ancestry (13.0%), and residents who report German roots (12.5%), and some of the residents are also of French ancestry (5.0%), along with some Polish ancestry residents (4.2%), among others.

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 Porter Heights / Rosebank neighborhood spend between 15 and 30 minutes commuting one-way to work (54.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (59.8%) drive alone in a private automobile to get to work. 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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