Park City median real estate price is $293,414, which is more expensive than 46.6% of the neighborhoods in Tennessee and 38.3% of the neighborhoods in the U.S.
The average rental price in Park City is currently $1,333, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.4% of Tennessee neighborhoods.
Park City is a rural neighborhood (based on population density) located in Fayetteville, Tennessee.
Park City 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 owner occupied. Many of the residences in the Park City 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.
In Park City, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 82.7% of all neighborhoods in the U.S. This means that the housing supply in Park City is very tight compared to the demand for property here.
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.
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 Park City neighborhood in Fayetteville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.9% of the neighborhoods in America. With 16.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.7% 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 Park City neighborhood, 32.4% 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 25.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.3%), and 18.8% in clerical, assistant, and tech support occupations.
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 Park City neighborhood is English, spoken by 92.1% of households. Other important languages spoken here include Spanish and Polish.
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 Park City neighborhood in Fayetteville, TN, residents most commonly identify their ethnicity or ancestry as English (10.3%). There are also a number of people of Mexican ancestry (9.3%), and residents who report Irish roots (8.6%), and some of the residents are also of German ancestry (6.8%), along with some Polish ancestry residents (4.3%), 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 Park City neighborhood spend between 15 and 30 minutes commuting one-way to work (45.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (83.5%) 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 (12.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.