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Real Estate Prices & Overview

Obrien Park median real estate price is $89,993, which is less expensive than 92.4% of Tennessee neighborhoods and 93.2% of all U.S. neighborhoods.

The average rental price in Obrien Park is currently $1,728, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.5% of Tennessee neighborhoods.

Obrien Park is a suburban neighborhood (based on population density) located in Memphis, Tennessee.

Obrien Park 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 Obrien Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Obrien Park. The current real estate vacancy rate here is 16.2%. This is higher than the rate of vacancies in 80.6% 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.

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

One of the unique characteristics of the Obrien Park neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.0% of the neighborhoods in America. The Obrien Park neighborhood also has a greater percentage of children living in poverty (66.9%) than found in 98.1% 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.

In addition, neighborhoodScout's exclusive research revealed that 95.9% of the adult residents in the Obrien Park neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.8% of the neighborhoods in America.

Modes of Transportation

Our research shows that more people carpool to work here in the Obrien Park (26.4%) than in 97.7% of the neighborhoods in America.

Occupations

NeighborhoodScout's exclusive research identifies the Obrien Park neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.9% of its working residents employed in such fields, which is a higher proportion than 96.0% of American neighborhoods.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Obrien Park neighborhood has a highly unusual pattern of car ownership. 19.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.1% of U.S. neighborhoods.

Diversity

Did you know that the Obrien Park neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.3% of this neighborhood's residents have African ancestry.

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 Obrien Park 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 95.0% of U.S. neighborhoods. With 66.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.1% 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 Obrien Park neighborhood, 42.9% of the working population is employed in manufacturing and laborer 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 27.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.5%), and 8.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the Obrien Park neighborhood is English, spoken by 79.9% of households. Some people also speak Spanish (19.8%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Obrien Park neighborhood in Memphis, TN, residents most commonly identify their ethnicity or ancestry as Mexican (10.5%). There are also a number of people of Sub-Saharan African ancestry (6.3%), and residents who report African roots (6.3%). In addition, 16.2% of the residents of this neighborhood were born in another country.

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 Obrien Park neighborhood spend between 15 and 30 minutes commuting one-way to work (57.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.6%) 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 (26.4%) . 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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