River Plantation / Somerset Farms median real estate price is $413,302, which is more expensive than 71.2% of the neighborhoods in Tennessee and 55.2% of the neighborhoods in the U.S.
The average rental price in River Plantation / Somerset Farms is currently $3,472, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.1% of the neighborhoods in Tennessee.
River Plantation / Somerset Farms is a suburban neighborhood (based on population density) located in Nashville, Tennessee.
River Plantation / Somerset Farms real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) townhomes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the River Plantation / Somerset Farms 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.
In River Plantation / Somerset Farms, the current vacancy rate is 1.6%, which is a lower rate of vacancies than 88.3% of all neighborhoods in the U.S. This means that the housing supply in River Plantation / Somerset Farms is very tight compared to the demand for property here.
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.
Of note is NeighborhoodScout's research finding that the River Plantation / Somerset Farms neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the River Plantation / Somerset Farms community truly stands out from the rest in this regard.
In addition, astoundingly, the River Plantation / Somerset Farms neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 98.9% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Nashville neighborhood.
Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the River Plantation / Somerset Farms neighborhood could be your paradise. With 68.5% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.5% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
The River Plantation / Somerset Farms neighborhood has a greater proportion of government workers living in it than 97.5% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
A unique way of commuting is simply not to. And in the River Plantation / Somerset Farms neighborhood, analysis shows that 33.3% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 96.7% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
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 River Plantation / Somerset Farms neighborhood in Nashville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.8% of the neighborhoods in America. 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.
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 River Plantation / Somerset Farms neighborhood, 56.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.8%), and 15.6% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the River Plantation / Somerset Farms neighborhood is English, spoken by 96.3% of households. Some people also speak Italian (2.3%).
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 River Plantation / Somerset Farms neighborhood in Nashville, TN, residents most commonly identify their ethnicity or ancestry as English (20.5%). There are also a number of people of Irish ancestry (15.6%), and residents who report German roots (9.4%), and some of the residents are also of Italian ancestry (5.3%), along with some Scottish ancestry residents (4.7%), 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 River Plantation / Somerset Farms neighborhood spend between 15 and 30 minutes commuting one-way to work (37.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (58.5%) 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 (7.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.