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Real Estate Prices & Overview

Downtown Jackson median real estate price is $174,559, which is less expensive than 82.2% of Tennessee neighborhoods and 83.4% of all U.S. neighborhoods.

The average rental price in Downtown Jackson is currently $1,192, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.0% of Tennessee neighborhoods.

Downtown Jackson is a suburban neighborhood (based on population density) located in Jackson, Tennessee.

Downtown Jackson 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 Downtown Jackson neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Downtown Jackson. The current real estate vacancy rate here is 16.7%. This is higher than the rate of vacancies in 81.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

An interesting characteristic about the Downtown Jackson neighborhood is that there are more incarcerated people living here than 99.7% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

In addition, one of the unique characteristics of the Downtown Jackson neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.4% of the neighborhoods in America.

Also, the Downtown Jackson neighborhood is unique for having just 4.7% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.4% of America's neighborhoods.

Real Estate

89.9% of the real estate in the Downtown Jackson neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Modes of Transportation

In the Downtown Jackson neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.4% of commuters carpool here, which is more than in 96.1% of all U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Downtown Jackson neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Downtown Jackson neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.7% of this neighborhood's residents have African ancestry.

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 Downtown Jackson neighborhood in Jackson are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.4% of U.S. neighborhoods. With 27.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.2% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Downtown Jackson neighborhood, 33.8% of the working population is employed in manufacturing and laborer 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 32.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.1%), and 14.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Downtown Jackson neighborhood is English, spoken by 97.4% of households.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Downtown Jackson neighborhood in Jackson, TN, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (10.0%). There are also a number of people of African ancestry (6.7%), and residents who report Native American roots (1.9%), and some of the residents are also of German ancestry (1.7%), along with some Italian ancestry residents (1.7%), 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 Downtown Jackson neighborhood spend between 15 and 30 minutes commuting one-way to work (58.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.1%) 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 (23.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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