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Real Estate Prices & Overview

Creekwood Estates / Colonial Acres median real estate price is $427,895, which is more expensive than 77.9% of the neighborhoods in Tennessee and 61.4% of the neighborhoods in the U.S.

The average rental price in Creekwood Estates / Colonial Acres is currently $1,818, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.3% of Tennessee neighborhoods.

Creekwood Estates / Colonial Acres is a suburban neighborhood (based on population density) located in Hendersonville, Tennessee.

Creekwood Estates / Colonial Acres 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 Creekwood Estates / Colonial Acres 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 Creekwood Estates / Colonial Acres are 4.2%, which is lower than one will find in 72.3% of American neighborhoods. Demand for real estate in Creekwood Estates / Colonial Acres 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.

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

One of the really interesting characteristics about the Creekwood Estates / Colonial Acres neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 2.5% of college-friendly places to live in the state of Tennessee.

In addition, divorcees may find friendship and understanding in this neighborhood, as 21.7% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.4% of the neighborhoods in America.

Diversity

Did you know that the Creekwood Estates / Colonial Acres neighborhood has more Iranian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Iranian ancestry and 2.2% have Hungarian ancestry.

Creekwood Estates / Colonial Acres is also pretty special linguistically. Significantly, 2.5% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 96.3% of the neighborhoods in America.

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 Creekwood Estates / Colonial Acres neighborhood in Hendersonville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 52.0% of the neighborhoods in America. With 17.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.3% 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 Creekwood Estates / Colonial Acres neighborhood, 35.9% of the working population is employed in executive, management, and professional 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 26.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.1%), and 17.6% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Creekwood Estates / Colonial Acres neighborhood is English, spoken by 96.3% of households. Other important languages spoken here include Langs. of India, Polish and African languages.

Ethnicity / Ancestry

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 Creekwood Estates / Colonial Acres neighborhood in Hendersonville, TN, residents most commonly identify their ethnicity or ancestry as German (13.3%). There are also a number of people of Irish ancestry (10.2%), and residents who report English roots (4.9%), and some of the residents are also of Irania ancestry (4.7%), along with some Asian ancestry residents (4.7%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Creekwood Estates / Colonial Acres neighborhood spend under 15 minutes commuting one-way to work (41.4% of working residents), one of the shortest commutes across America.

Here most residents (76.6%) 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 (7.7%) . 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:
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Economics & Demographics include:
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Race & Ethnic Diversity
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Crime includes:
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Schools include:
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