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Real Estate Prices & Overview

Lightfoot median real estate price is $271,736, which is more expensive than 39.8% of the neighborhoods in Tennessee and 33.4% of the neighborhoods in the U.S.

The average rental price in Lightfoot is currently $1,376, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.2% of Tennessee neighborhoods.

Lightfoot is a remote neighborhood (based on population density) located in Ripley, Tennessee.

Lightfoot 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 Lightfoot neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Lightfoot has a 14.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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

Modes of Transportation

Our research reveals that 93.5% of commuters who live in the Lightfoot neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.0% of U.S. neighborhoods.

People

Of particular note, 3.4% of the people in the Lightfoot neighborhood currently reside in a correction facility, held due to punishment for a crime.

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 Lightfoot neighborhood in Ripley are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.4% of U.S. neighborhoods. With 33.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.3% 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 Lightfoot neighborhood, 41.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 32.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.8%), and 12.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lightfoot neighborhood is English, spoken by 99.5% of households. Some people also speak Polish (2.7%).

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 Lightfoot neighborhood in Ripley, TN, residents most commonly identify their ethnicity or ancestry as English (6.0%). There are also a number of people of Irish ancestry (5.3%), and residents who report German roots (4.9%), and some of the residents are also of French ancestry (2.0%), along with some Scots-Irish ancestry residents (1.8%), 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 Lightfoot neighborhood spend under 15 minutes commuting one-way to work (42.4% of working residents), one of the shortest commutes across America.

Here most residents (93.5%) 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 (6.5%) . 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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