Median real estate price in the City Center of Martin is $292,222, which is more expensive than 44.4% of the neighborhoods in Tennessee and 36.5% of the neighborhoods in the U.S.
The average rental price in Martin City Center is currently $1,214, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.2% of Tennessee neighborhoods.
Martin City Center is a rural neighborhood (based on population density) located in Martin, Tennessee.
Real estate in the City Center of Martin, TN is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Martin City Center has a 11.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.9% 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.
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 Martin, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's analysis shows that the Martin City Center neighborhood has a greater concentration of residents currently enrolled in college than 97.9% of the neighborhoods in the U.S. With 20.9% of the population here attending college, this is very much a college-focused neighborhood.
In addition, the Martin City Center neighborhood has a greater percentage of children living in poverty (55.5%) than found in 95.9% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
Also, with a nice mix of college students, safety from crime, and decent walkability, the Martin City Center neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.9% of the neighborhoods in TN. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Martin City Center neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 38.7% of the real estate here is made up of such dwellings, which is higher than 96.9% of all U.S. neighborhoods.
Did you know that the Martin City Center neighborhood has more Welsh and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Welsh ancestry and 1.6% have Eastern European ancestry.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Martin City Center neighborhood. In the Martin City Center neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 City Center neighborhood in Martin are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.9% of U.S. neighborhoods. With 55.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.9% 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 Martin City Center neighborhood, 35.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.9%), and 11.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the Martin City Center neighborhood is English, spoken by 95.8% of households. Some people also speak Spanish (4.2%).
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 City Center neighborhood in Martin, TN, residents most commonly identify their ethnicity or ancestry as English (9.0%). There are also a number of people of Irish ancestry (6.8%), and residents who report German roots (5.5%), and some of the residents are also of Mexican ancestry (3.7%), along with some Cuban ancestry residents (2.6%), 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 Martin City Center neighborhood spend under 15 minutes commuting one-way to work (56.3% of working residents), one of the shortest commutes across America.
Here most residents (76.6%) 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 (16.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.