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Real Estate Prices & Overview

Lightfoot median real estate price is $265,675, which is more expensive than 37.7% of the neighborhoods in Tennessee and 31.6% of the neighborhoods in the U.S.

The average rental price in Lightfoot is currently $1,258, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.3% 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 established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 9.1% in Lightfoot. NeighborhoodScout analysis shows that this rate is lower than 41.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 94.7% 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 99.5% 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.

Occupations

NeighborhoodScout's exclusive research identifies the Lightfoot neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 43.9% of its working residents employed in such fields, which is a higher proportion than 96.7% of American neighborhoods.

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 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 77.6% of U.S. neighborhoods. With 19.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.2% 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, 43.9% 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 31.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.2%), and 11.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lightfoot neighborhood is English, spoken by 95.5% of households. Some people also speak Polish (2.7%).

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 Lightfoot neighborhood in Ripley, TN, residents most commonly identify their ethnicity or ancestry as Irish (6.2%). There are also a number of people of English ancestry (5.7%), and residents who report Asian roots (5.4%), and some of the residents are also of German ancestry (3.9%), along with some Scots-Irish ancestry residents (2.6%), 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 (47.7% of working residents), one of the shortest commutes across America.

Here most residents (94.7%) 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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