Cedar Crest North / Pedigo median real estate price is $432,740, which is more expensive than 74.5% of the neighborhoods in Tennessee and 58.9% of the neighborhoods in the U.S.
The average rental price in Cedar Crest North / Pedigo is currently $1,540, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.3% of Tennessee neighborhoods.
Cedar Crest North / Pedigo is a rural neighborhood (based on population density) located in Knoxville, Tennessee.
Cedar Crest North / Pedigo real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Cedar Crest North / Pedigo 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 Cedar Crest North / Pedigo, the current vacancy rate is 2.1%, which is a lower rate of vacancies than 85.7% of all neighborhoods in the U.S. This means that the housing supply in Cedar Crest North / Pedigo is very tight compared to the demand for property here.
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 Knoxville, the Cedar Crest North / Pedigo neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Cedar Crest North / Pedigo neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 8.6% of family-friendly neighborhoods in the state of Tennessee. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives.
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 Cedar Crest North / Pedigo neighborhood in Knoxville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.7% of the neighborhoods in America. In addition, 7.3% 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 57.9% of America'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 Cedar Crest North / Pedigo neighborhood, 45.9% 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 27.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.6%), and 13.4% in manufacturing and laborer occupations.
The most common language spoken in the Cedar Crest North / Pedigo neighborhood is English, spoken by 98.5% of households.
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 Cedar Crest North / Pedigo neighborhood in Knoxville, TN, residents most commonly identify their ethnicity or ancestry as English (18.1%). There are also a number of people of German ancestry (16.0%), and residents who report Irish roots (7.8%), and some of the residents are also of Scottish ancestry (3.0%), along with some Scots-Irish ancestry residents (2.8%), 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 Cedar Crest North / Pedigo neighborhood spend between 15 and 30 minutes commuting one-way to work (44.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (78.4%) 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 (8.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.