Pine Cir / Moss Rose Dr median real estate price is $184,176, which is less expensive than 81.6% of Tennessee neighborhoods and 83.6% of all U.S. neighborhoods.
The average rental price in Pine Cir / Moss Rose Dr is currently $2,046, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.9% of the neighborhoods in Tennessee.
Pine Cir / Moss Rose Dr is a suburban neighborhood (based on population density) located in Memphis, Tennessee.
Pine Cir / Moss Rose Dr real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Pine Cir / Moss Rose Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Pine Cir / Moss Rose Dr. The current real estate vacancy rate here is 33.1%. This is higher than the rate of vacancies in 96.2% 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Most neighborhoods are composed of a mixture of ages of homes, but the Pine Cir / Moss Rose Dr stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 90.8% of the residential real estate here was built in this one time period.
In addition, one of the really unique and interesting things about the look and setting of the Pine Cir / Moss Rose Dr neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 78.9% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.5% of all neighborhoods in America.
Furthermore, despite all of the residential real estate here in the Pine Cir / Moss Rose Dr neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 33.1%, which is higher than 96.2% of all U.S. neighborhoods.
More people work in manufacturing and as laborers here in the Pine Cir / Moss Rose Dr neighborhood than in 97.9% 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.
The Pine Cir / Moss Rose Dr neighborhood stands out for having an average per capita income lower than 96.6% of the neighborhoods in the United States.
In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 50.0%. This is a higher percent living alone than we found in 95.4% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Did you know that the Pine Cir / Moss Rose Dr neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.5% of this neighborhood's residents have African ancestry.
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 Pine Cir / Moss Rose Dr neighborhood in Memphis are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.6% of U.S. neighborhoods. With 34.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.7% 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 Pine Cir / Moss Rose Dr neighborhood, 46.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 25.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.6%), and 9.2% in executive, management, and professional occupations.
The most common language spoken in the Pine Cir / Moss Rose Dr neighborhood is English, spoken by 99.5% of households.
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 Pine Cir / Moss Rose Dr neighborhood in Memphis, TN, residents most commonly identify their ethnicity or ancestry as English (11.4%). There are also a number of people of Sub-Saharan African ancestry (6.5%), and residents who report African roots (6.5%), and some of the residents are also of Irish ancestry (4.9%), along with some Scots-Irish ancestry residents (2.9%), 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 Pine Cir / Moss Rose Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (65.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (75.7%) 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 (18.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.