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Real Estate Prices & Overview

Historic Edgefield median real estate price is $550,083, which is more expensive than 89.2% of the neighborhoods in Tennessee and 73.5% of the neighborhoods in the U.S.

The average rental price in Historic Edgefield is currently $1,362, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.8% of Tennessee neighborhoods.

Historic Edgefield is a suburban neighborhood (based on population density) located in Nashville, Tennessee.

Historic Edgefield 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Historic Edgefield neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Historic Edgefield are 5.6%, which is lower than one will find in 62.4% of American neighborhoods. Demand for real estate in Historic Edgefield is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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.

People

Single parenting is hard. But you don't have to tell the Historic Edgefield neighborhood about it; they already know. 32.7% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.7% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, the Historic Edgefield neighborhood stands out for having an average per capita income lower than 98.8% of the neighborhoods in the United States. Also of note, 81.6% 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.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Historic Edgefield neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.2% of all American neighborhoods.

Real Estate

97.1% of the real estate in the Historic Edgefield neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, one of the really unique and interesting things about the look and setting of the Historic Edgefield neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 77.3% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.3% of all neighborhoods in America.

Diversity

Did you know that the Historic Edgefield neighborhood has more Haitian and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.6% of this neighborhood's residents have Haitian ancestry and 7.7% have African ancestry.

Historic Edgefield is also pretty special linguistically. Significantly, 5.4% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 98.8% 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 Historic Edgefield neighborhood in Nashville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.8% of U.S. neighborhoods. With 81.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.4% 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 Historic Edgefield neighborhood, 48.6% 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 32.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.8%), and 6.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Historic Edgefield neighborhood is English, spoken by 97.4% of households. Some people also speak African languages (5.4%).

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 Historic Edgefield neighborhood in Nashville, TN, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (7.7%). There are also a number of people of African ancestry (7.7%), and residents who report Irish roots (4.1%), and some of the residents are also of German ancestry (3.8%), along with some Haitian ancestry residents (3.6%), 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 Historic Edgefield neighborhood spend between 15 and 30 minutes commuting one-way to work (49.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (43.6%) 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 (20.1%) and 7.7% of residents also hop out the door and walk to work 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.


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