Cleveland Park / McFerrin Park median real estate price is $640,478, which is more expensive than 91.8% of the neighborhoods in Tennessee and 77.2% of the neighborhoods in the U.S.
The average rental price in Cleveland Park / McFerrin Park is currently $2,179, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.7% of the neighborhoods in Tennessee.
Cleveland Park / McFerrin Park is a suburban neighborhood (based on population density) located in Nashville, Tennessee.
Cleveland Park / McFerrin Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Cleveland Park / McFerrin Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
Cleveland Park / McFerrin Park has a 10.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.0% 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.
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 Cleveland Park / McFerrin Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Cleveland Park / McFerrin Park neighborhood has a greater percentage of children living in poverty (74.5%) than found in 98.9% 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.
Did you know that the Cleveland Park / McFerrin Park neighborhood has more Scots-Irish and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.3% of this neighborhood's residents have Scots-Irish ancestry and 6.7% have African ancestry.
Cleveland Park / McFerrin Park is also pretty special linguistically. Significantly, 2.4% 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 96.1% of the neighborhoods in America.
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 Cleveland Park / McFerrin Park neighborhood in Nashville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.2% of the neighborhoods in America. With 74.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.9% 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 Cleveland Park / McFerrin Park neighborhood, 49.6% 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 32.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.6%), and 6.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the Cleveland Park / McFerrin Park neighborhood is English, spoken by 98.1% of households. Some people also speak African languages (2.4%).
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 Cleveland Park / McFerrin Park neighborhood in Nashville, TN, residents most commonly identify their ethnicity or ancestry as German (10.8%). There are also a number of people of Irish ancestry (10.4%), and residents who report English roots (8.3%), and some of the residents are also of Sub-Saharan African ancestry (7.6%), along with some African ancestry residents (6.7%), among others.
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 Cleveland Park / McFerrin Park neighborhood spend between 15 and 30 minutes commuting one-way to work (57.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (78.4%) 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 (7.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.