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Real Estate Prices & Overview

Morgan Farms / Taramore median real estate price is $1,158,601, which is more expensive than 98.1% of the neighborhoods in Tennessee and 92.6% of the neighborhoods in the U.S.

The average rental price in Morgan Farms / Taramore is currently $3,123, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.4% of the neighborhoods in Tennessee.

Morgan Farms / Taramore is a rural neighborhood (based on population density) located in Nolensville, Tennessee.

Morgan Farms / Taramore real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Morgan Farms / Taramore neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Morgan Farms / Taramore, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 86.3% of all neighborhoods in the U.S. This means that the housing supply in Morgan Farms / Taramore is very tight compared to the demand for property here.

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 Nolensville, the Morgan Farms / Taramore neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

According to NeighborhoodScout's exclusive analysis, Morgan Farms / Taramore is among the best neighborhoods for families in Tennessee. In fact, this neighborhood is more family-friendly than 99.4% of neighborhoods in the entire state of Tennessee. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Morgan Farms / Taramore neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives, college students and urban sophisticates.

In addition, the rate of college educated adults in the Morgan Farms / Taramore neighborhood is a unique characteristic of the neighborhood. 78.4% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 97.3% of all U.S. neighborhoods.

Also, wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Morgan Farms / Taramore neighborhood is wealthier than 97.2% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.

Finally, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.3% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Morgan Farms / Taramore neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Real Estate

One way that the Morgan Farms / Taramore neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.9% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Morgan Farms / Taramore neighborhood. A whopping 85.7% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 98.2% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Modes of Transportation

A unique way of commuting is simply not to. And in the Morgan Farms / Taramore neighborhood, analysis shows that 31.4% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 97.6% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Occupations

Executives, managers and professionals make up 72.0% of the workforce in the Morgan Farms / Taramore neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 96.5% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Diversity

Significantly, 0.9% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 97.4% of the neighborhoods in America.

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 Morgan Farms / Taramore neighborhood in Nolensville are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 97.2% of the neighborhoods in America. In addition, 1.2% 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 78.2% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Morgan Farms / Taramore neighborhood, 72.0% 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 19.9% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (4.6%), and 4.4% in manufacturing and laborer 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 Morgan Farms / Taramore neighborhood is English, spoken by 93.4% of households. Other important languages spoken here include Spanish and Polish.

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 Morgan Farms / Taramore neighborhood in Nolensville, TN, residents most commonly identify their ethnicity or ancestry as Irish (14.1%). There are also a number of people of English ancestry (13.4%), and residents who report German roots (12.5%), and some of the residents are also of Mexican ancestry (3.1%), along with some Asian ancestry residents (2.7%), 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 Morgan Farms / Taramore neighborhood spend between 30 and 45 minutes commuting one-way to work (41.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (62.7%) 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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