Carroll St / 1st Ave S median real estate price is $432,389, which is more expensive than 74.0% of the neighborhoods in Tennessee and 57.5% of the neighborhoods in the U.S.
The average rental price in Carroll St / 1st Ave S is currently $408, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 100.0% of Tennessee neighborhoods.
Carroll St / 1st Ave S is a densely urban neighborhood (based on population density) located in Nashville, Tennessee.
Carroll St / 1st Ave S 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 Carroll St / 1st Ave S neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in Carroll St / 1st Ave S are 5.5%, which is lower than one will find in 61.8% of American neighborhoods. Demand for real estate in Carroll St / 1st Ave S 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.
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.
The Carroll St / 1st Ave S neighborhood is unique for having just 0.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 100.0% of America's neighborhoods.
In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Carroll St / 1st Ave S neighborhood has more single mother households than 100.0% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Also, the Carroll St / 1st Ave S neighborhood stands out for having an average per capita income lower than 99.7% of the neighborhoods in the United States. Also of note, 95.3% 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.
More people ride the bus in this neighborhood each day to get to work than 100.0% of U.S. neighborhoods.
There are more people living in the Carroll St / 1st Ave S neighborhood employed as sales and service workers (20.9%) 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.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Carroll St / 1st Ave S neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Carroll St / 1st Ave S neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 20.9% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.6% of all neighborhoods in America.
American households most often have a car, and regularly they have two or three. But households in the Carroll St / 1st Ave S neighborhood buck this trend. 61.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.3% of U.S. neighborhoods.
Renter-occupied real estate is dominant in the Carroll St / 1st Ave S neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% 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.
In addition, one of the really unique and interesting things about the look and setting of the Carroll St / 1st Ave S neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 90.5% 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 98.3% of all neighborhoods in America.
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 Carroll St / 1st Ave S 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 99.7% of U.S. neighborhoods. With 95.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.8% of U.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 Carroll St / 1st Ave S neighborhood, 79.1% 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 manufacturing and laborer occupations, with 20.9% of the residents employed.
The most common language spoken in the Carroll St / 1st Ave S 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 Carroll St / 1st Ave S neighborhood in Nashville, TN, residents most commonly identify their ethnicity or ancestry as Spanish (0.0%).
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 Carroll St / 1st Ave S neighborhood spend under 15 minutes commuting one-way to work (30.6% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (20.9%) who commute over an hour in each direction.
Here most residents (61.7%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (28.6%) and 9.7% of residents also carpool with coworkers, friends, or neighbors for their daily commute. The bus provides a valuable service in the Carroll St / 1st Ave S neighborhood of Nashville by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.