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Real Estate Prices & Overview

Pomona median real estate price is $421,210, which is more expensive than 72.5% of the neighborhoods in Tennessee and 57.3% of the neighborhoods in the U.S.

The average rental price in Pomona is currently $1,529, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.2% of Tennessee neighborhoods.

Pomona is a rural neighborhood (based on population density) located in Crossville, Tennessee.

Pomona 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 Pomona 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.

Real estate vacancies in Pomona are 4.5%, which is lower than one will find in 70.2% of American neighborhoods. Demand for real estate in Pomona 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.

Notable & Unique Neighborhood Characteristics

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 Crossville, the Pomona neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Pomona neighborhood in Crossville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.1% of the neighborhoods in America. In addition, 0.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 79.1% of America'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 Pomona neighborhood, 37.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 31.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.7%), and 12.8% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Pomona neighborhood is English, spoken by 98.4% of households. Other important languages spoken here include Polish and Italian.

Ethnicity / Ancestry

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 Pomona neighborhood in Crossville, TN, residents most commonly identify their ethnicity or ancestry as English (19.6%). There are also a number of people of German ancestry (12.4%), and residents who report Irish roots (11.8%), and some of the residents are also of Scottish ancestry (3.8%), along with some Dutch ancestry residents (3.4%), 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 Pomona neighborhood spend under 15 minutes commuting one-way to work (44.2% of working residents), one of the shortest commutes across America.

Here most residents (73.7%) 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 (19.6%) . 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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