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Real Estate Prices & Overview

Flatwoods / Gaitherville median real estate price is $151,123, which is less expensive than 87.3% of Tennessee neighborhoods and 87.5% of all U.S. neighborhoods.

The average rental price in Flatwoods / Gaitherville is currently $1,176, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.8% of Tennessee neighborhoods.

Flatwoods / Gaitherville is a rural neighborhood (based on population density) located in Lawrenceburg, Tennessee.

Flatwoods / Gaitherville real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Flatwoods / Gaitherville neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Flatwoods / Gaitherville has a 11.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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 Lawrenceburg, the Flatwoods / Gaitherville neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Divorcees may find friendship and understanding in this neighborhood, as 26.5% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.4% of the neighborhoods in America.

In addition, one of the unique characteristics of the Flatwoods / Gaitherville neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.4% 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 Flatwoods / Gaitherville neighborhood in Lawrenceburg are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.4% of U.S. neighborhoods. With 45.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.9% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Flatwoods / Gaitherville neighborhood, 30.2% 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 27.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (26.2%), and 16.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Flatwoods / Gaitherville neighborhood is English, spoken by 92.2% of households. Some people also speak Spanish (7.1%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Flatwoods / Gaitherville neighborhood in Lawrenceburg, TN, residents most commonly identify their ethnicity or ancestry as English (15.4%). There are also a number of people of Irish ancestry (10.4%), and residents who report Mexican roots (7.1%), and some of the residents are also of German ancestry (4.8%), along with some Polish ancestry residents (1.4%), 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 Flatwoods / Gaitherville neighborhood spend under 15 minutes commuting one-way to work (45.6% of working residents), one of the shortest commutes across America.

Here most residents (82.1%) 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 (7.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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