Trafalgar median real estate price is $186,002, which is less expensive than 79.7% of Tennessee neighborhoods and 81.4% of all U.S. neighborhoods.
The average rental price in Trafalgar is currently $1,689, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.5% of Tennessee neighborhoods.
Trafalgar is a suburban neighborhood (based on population density) located in Memphis, Tennessee.
Trafalgar 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 Trafalgar neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Trafalgar are 4.7%, which is lower than one will find in 68.4% of American neighborhoods. Demand for real estate in Trafalgar 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.
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.
With 1.8% of employed workers living in the Trafalgar neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.9% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Did you know that the Trafalgar neighborhood has more Jamaican and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.4% of this neighborhood's residents have Jamaican ancestry and 12.0% have Sub-Saharan African ancestry.
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 Trafalgar neighborhood in Memphis are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.7% of U.S. neighborhoods. With 41.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.0% 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 Trafalgar neighborhood, 34.3% 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 25.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.6%), and 18.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Trafalgar neighborhood is English, spoken by 73.9% of households. Some people also speak Spanish (20.7%).
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 Trafalgar neighborhood in Memphis, TN, residents most commonly identify their ethnicity or ancestry as Mexican (18.1%). There are also a number of people of Sub-Saharan African ancestry (12.0%), and residents who report Jamaican roots (6.4%), and some of the residents are also of South American ancestry (3.3%), along with some English ancestry residents (2.9%), among others. In addition, 16.3% of the residents of this neighborhood were born in another country.
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 Trafalgar neighborhood spend between 15 and 30 minutes commuting one-way to work (56.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (87.8%) 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 (8.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.