The Home Buyer's Korner

Information presented should be used for educational purposes only.

September 15th, 2015

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CREATING THE DREAM OF HOME OWNERSHIP

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Poplar Ave/Oak Hill Rd Neighborhood

Memphis, Tennessee

Oak Hill Rd

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Poplar Ave/Oak Hill Rd area median real estate price is $260,397, which is more expensive than 91.2 percent of the neighborhoods in Tennessee and 68.5 percent of the neighborhoods in the U.S.

The average rental price in Poplar Ave/Oak Hill Rd is currently $811 and the average rental cost in this neighborhood is higher than 76.3 percent of the neighborhoods in Tennessee.

In the Poplar Ave/Oak Hill Rd area, the current vacancy rate is 3.5 percent, which is a lower rate of vacancies than 85.1 percent of all neighborhoods in the U.S. This means that the housing supply in Poplar Ave/Oak Hill Rd is very tight compared to the demand.

Poplar Ave/Oak Hill Rd is a suburban neighborhood located in Memphis, Tennessee, primarily made up of small studio to two bedroom to large four, five or more bedroom single-family homes, town homes and condominiums. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Poplar Ave/Oak Hill Rd neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences were also built between 1940 and 1969.

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.

The Poplar Ave/Oak Hill Rd neighborhood stands out within Tennessee for its college student friendly environment. This neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood offers certain amenities nearby geared towards the student body. While it’s not an environment for everyone, ambitious scholars can enjoy the seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 8 percent of college-friendly places to live in Tennessee. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for young, single professionals.

Most neighborhoods are composed of a mixture of ages of homes, but the Poplar Ave/Oak Hill Rd stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you’ll sense when you look around or drive the streets of this neighborhood is that many of the residences is of the same architecture and similar in age. In fact, 86.1 percent of the residential real estate here was built in this one time period.

Your future neighbors in the Poplar Ave/Oak Hill Rd neighborhood in Memphis enjoy middle-incomes, and this neighborhood has a higher income than 46.1 percent of the neighborhoods in America

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 Poplar Ave/Oak Hill Rd neighborhood, 55.8 percent 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 23.5 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 10.7 percent, and 10.1 percent in manufacturing and laborer occupations.

Culture is shared and 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 Poplar Ave/Oak Hill Rd neighborhood in Memphis, Tennessee, residents most commonly identify their ethnicity or ancestry as English at 13.3 percent. There are also a number of people of Scots-Irish ancestry at 11.9 percent, and residents who report Polish roots at 6.7 percent. Some of the residents are also of German ancestry at 6.4 percent, along with some Asian ancestry residents at 5.4 percent and 1.1 percent have Lithuanian ancestry, among others. In addition, 10.3 percent of the residents of this neighborhood were born in another country.

The most common language spoken in the Poplar Ave/Oak Hill Rd neighborhood is English, spoken by 90.8 percent of households, and 1.9 percent of its residents speak Hindi, which is the official language of India, followed by Spanish and spoken by 3.5 percent of households.

Livingston Homes for Sale

TENNESSEE HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

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are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

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A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

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