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Real Estate Prices & Overview

City Center / Lee University median real estate price is $396,187, which is more expensive than 72.5% of the neighborhoods in Tennessee and 57.1% of the neighborhoods in the U.S.

The average rental price in City Center / Lee University is currently $1,646, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.5% of Tennessee neighborhoods.

City Center / Lee University is a suburban neighborhood (based on population density) located in Cleveland, Tennessee.

City Center / Lee University real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the City Center / Lee University 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.

City Center / Lee University has a 13.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.6% 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 Cleveland, the City Center / Lee University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the City Center / Lee University neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, one of the really interesting characteristics about the City Center / Lee University neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.8% of college-friendly places to live in the state of Tennessee.

Also, neighborhoodScout's analysis shows that the City Center / Lee University neighborhood has a greater concentration of residents currently enrolled in college than 99.2% of the neighborhoods in the U.S. With 50.0% of the population here attending college, this is very much a college-focused neighborhood.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the City Center / Lee University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 65.3% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

In the City Center / Lee University neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 15.5% of residents here. This is a higher proportion of walking commuters than we found in 97.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the City Center / Lee University neighborhood has more British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have British ancestry.

Migration / Stability

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 City Center / Lee University neighborhood. In the City Center / Lee University neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 City Center / Lee University neighborhood in Cleveland are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.8% 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.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the City Center / Lee University neighborhood, 34.9% 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 33.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.0%), and 11.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the City Center / Lee University neighborhood is English, spoken by 88.8% of households. Some people also speak Spanish (5.8%).

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 City Center / Lee University neighborhood in Cleveland, TN, residents most commonly identify their ethnicity or ancestry as English (14.0%). There are also a number of people of Irish ancestry (14.0%), and residents who report German roots (12.4%), and some of the residents are also of Mexican ancestry (3.3%), along with some British ancestry residents (2.4%), 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 City Center / Lee University neighborhood spend under 15 minutes commuting one-way to work (65.3% of working residents), one of the shortest commutes across America.

Here most residents (66.6%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (15.5%) and 9.8% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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