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Real Estate Prices & Overview

Chateau Valley median real estate price is $486,303, which is more expensive than 84.0% of the neighborhoods in Tennessee and 67.5% of the neighborhoods in the U.S.

The average rental price in Chateau Valley is currently $2,115, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.3% of the neighborhoods in Tennessee.

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

Chateau Valley 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 Chateau Valley neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Chateau Valley. The current real estate vacancy rate here is 20.2%. This is higher than the rate of vacancies in 87.0% 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

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.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Chateau Valley neighborhood has more single mother households than 96.9% 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.

Diversity

Did you know that the Chateau Valley neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.0% of this neighborhood's residents have African ancestry and 14.6% have Sub-Saharan 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 Chateau Valley 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 40.9% of the neighborhoods in America. With 26.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.9% 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 Chateau Valley neighborhood, 42.7% 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 31.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.9%), and 7.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Chateau Valley neighborhood is English, spoken by 96.7% of households.

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 Chateau Valley neighborhood in Nashville, TN, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (14.6%). There are also a number of people of African ancestry (12.0%), and residents who report English roots (6.2%), and some of the residents are also of Irish ancestry (4.6%), along with some German ancestry residents (3.3%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Chateau Valley neighborhood spend between 15 and 30 minutes commuting one-way to work (38.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.0%) 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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