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Real Estate Prices & Overview

Anderson / Forrest Park median real estate price is $182,638, which is less expensive than 80.5% of Tennessee neighborhoods and 82.0% of all U.S. neighborhoods.

The average rental price in Anderson / Forrest Park is currently $1,254, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.8% of Tennessee neighborhoods.

Anderson / Forrest Park is a suburban neighborhood (based on population density) located in Tullahoma, Tennessee.

Anderson / Forrest Park 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 occupied by a mixture of owners and renters. Many of the residences in the Anderson / Forrest Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Anderson / Forrest Park has a 9.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.9% 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.

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 Tullahoma, the Anderson / Forrest Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Anderson / Forrest Park neighborhood stands out for having an average per capita income lower than 97.1% of the neighborhoods in the United States. The Anderson / Forrest Park neighborhood also has a greater percentage of children living in poverty (67.5%) than found in 98.2% 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.

Occupations

More people work in manufacturing and as laborers here in the Anderson / Forrest Park neighborhood than in 95.5% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Diversity

Did you know that the Anderson / Forrest Park neighborhood has more Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.7% of this neighborhood's residents have Scottish 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 Anderson / Forrest Park neighborhood in Tullahoma are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.1% of U.S. neighborhoods. With 67.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.2% of U.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 Anderson / Forrest Park neighborhood, 42.2% 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 29.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (16.7%), and 11.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Anderson / Forrest Park neighborhood is English, spoken by 98.9% 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 Anderson / Forrest Park neighborhood in Tullahoma, TN, residents most commonly identify their ethnicity or ancestry as German (8.9%). There are also a number of people of Scottish ancestry (6.7%), and residents who report English roots (5.0%), and some of the residents are also of Irish ancestry (4.4%), along with some Mexican ancestry residents (4.2%), 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 Anderson / Forrest Park neighborhood spend under 15 minutes commuting one-way to work (34.3% of working residents), one of the shortest commutes across America.

Here most residents (83.0%) 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 (7.3%) . 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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