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Real Estate Prices & Overview

Walnut Grove median real estate price is $140,992, which is less expensive than 89.8% of Tennessee neighborhoods and 89.3% of all U.S. neighborhoods.

The average rental price in Walnut Grove is currently $895, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.1% of Tennessee neighborhoods.

Walnut Grove is a remote neighborhood (based on population density) located in Savannah, Tennessee.

Walnut Grove real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Walnut Grove neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Walnut Grove. The current real estate vacancy rate here is 54.1%. This is higher than the rate of vacancies in 99.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (44.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, 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.

Occupations

More people work in manufacturing and as laborers here in the Walnut Grove neighborhood than in 99.8% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Modes of Transportation

Our research reveals that 93.9% of commuters who live in the Walnut Grove neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.1% of U.S. neighborhoods.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 54.1% of the residential real estate vacant, the Walnut Grove neighborhood claims the distinction of having a higher vacancy rate than 99.0% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, this neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 25 people per square mile living here, this neighborhood is less crowded than 93.6% of America. One of the notable things about Walnut Grove is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

Diversity

Did you know that the Walnut Grove neighborhood has more Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have Scottish ancestry.

The Neighbors

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 Walnut Grove neighborhood in Savannah are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.8% of U.S. neighborhoods. With 14.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.1% 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 Walnut Grove neighborhood, 58.3% 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 20.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (11.4%), and 9.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Walnut Grove neighborhood is English, spoken by 99.0% of households.

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 Walnut Grove neighborhood in Savannah, TN, residents most commonly identify their ethnicity or ancestry as English (9.8%). There are also a number of people of Irish ancestry (7.9%), and residents who report Scottish roots (4.9%), and some of the residents are also of German ancestry (2.5%), along with some Italian ancestry residents (2.3%), 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 Walnut Grove neighborhood spend between 30 and 45 minutes commuting one-way to work (44.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (93.9%) 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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