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Real Estate Prices & Overview

Central Garden median real estate price is $349,048, which is more expensive than 59.6% of the neighborhoods in Tennessee and 47.8% of the neighborhoods in the U.S.

The average rental price in Central Garden is currently $1,525, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.5% of Tennessee neighborhoods.

Central Garden is an urban neighborhood (based on population density) located in Memphis, Tennessee.

Central Garden 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 Central Garden neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.7% in Central Garden. NeighborhoodScout analysis shows that this rate is lower than 49.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

People

Of note is NeighborhoodScout's research finding that the Central Garden neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Central Garden community truly stands out from the rest in this regard.

In addition, central Garden has the amazing distinction of housing more same sex couples living together than 97.7% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Modes of Transportation

Our research shows that more people carpool to work here in the Central Garden (24.5%) than in 96.8% of the neighborhoods in America.

Diversity

Did you know that the Central Garden neighborhood has more Scots-Irish and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.6% of this neighborhood's residents have Scots-Irish ancestry and 3.6% have Jamaican ancestry.

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 Central Garden 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 85.9% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America'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 Central Garden neighborhood, 51.9% 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 21.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.1%), and 13.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Central Garden neighborhood is English, spoken by 94.1% of households. Some people also speak Italian (2.5%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Central Garden neighborhood in Memphis, TN, residents most commonly identify their ethnicity or ancestry as German (10.1%). There are also a number of people of English ancestry (7.5%), and residents who report Irish roots (7.4%), and some of the residents are also of Scots-Irish ancestry (3.6%), along with some Jamaican ancestry residents (3.6%), 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 Central Garden neighborhood spend between 15 and 30 minutes commuting one-way to work (46.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (62.5%) 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 (24.5%) . 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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