Green Lodge median real estate price is $273,466, which is more expensive than 41.8% of the neighborhoods in Tennessee and 35.0% of the neighborhoods in the U.S.
The average rental price in Green Lodge is currently $1,849, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.3% of Tennessee neighborhoods.
Green Lodge is a suburban neighborhood (based on population density) located in Memphis, Tennessee.
Green Lodge real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings 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 Green Lodge 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.
Real estate vacancies in Green Lodge are 5.2%, which is lower than one will find in 65.0% of American neighborhoods. Demand for real estate in Green Lodge is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Divorcees may find friendship and understanding in this neighborhood, as 24.1% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 98.8% of the neighborhoods in America.
Our research reveals that 91.1% of commuters who live in the Green Lodge neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 97.4% of U.S. neighborhoods.
Most neighborhoods are composed of a mixture of ages of homes, but the Green Lodge stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 81.7% of the residential real estate here was built in this one time period.
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 Green Lodge neighborhood in Memphis are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.3% of U.S. neighborhoods. With 11.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.2% 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 Green Lodge neighborhood, 33.6% 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 31.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.9%), and 16.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the Green Lodge neighborhood is English, spoken by 93.7% of households. Some people also speak Chinese (2.9%).
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 Green Lodge neighborhood in Memphis, TN, residents most commonly identify their ethnicity or ancestry as English (5.2%). There are also a number of people of Asian ancestry (5.0%), and residents who report South American roots (4.9%), and some of the residents are also of Sub-Saharan African ancestry (3.9%), along with some German ancestry residents (3.6%), among others.
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 Green Lodge neighborhood spend between 15 and 30 minutes commuting one-way to work (69.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (91.1%) 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.