The typical home price in Silver Point is $288,186, making it more costly than 60.0% of Tennessee neighborhoods and 47.4% of American areas.
The current average rental cost in Silver Point is $1,304. Currently, this neighborhood's rents are less expensive than 62.3% of Tennessee neighborhoods. Tennessee's Baxter city is home to the rural neighborhood known as Silver Point.
In Silver Point, the vacancy rate for homes and apartments is 9.0%. According to an analysis by NeighborhoodScout, this rate, which is roughly in the middle of the vacancy range, is lower than 46.1% of the neighborhoods in the country.
Executive, managerial, and professional occupations employ 32.9% of the working population in the Silver Point neighborhood. Manufacturing and laborer occupations, where 26.9% of the neighborhood's workforce is employed, rank second in importance. Other locals work in sales and service-related fields, including fast food restaurants (25.6%), big accounts, and secretarial, assistant, and tech support professions (14.5%).
While most Americans do drive to work alone each day, Silver Point neighborhood stands out by having 94.0% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 96.6% of all American neighborhoods.
The average and the extremes are two complementing methods for figuring out how much money people in a neighborhood make. While a neighborhood may be quite prosperous overall, it is equally crucial to understand the percentage of residents, especially children, who have an extremely low income or less than the federal poverty level. We can learn more about the circumstances and nature of a neighborhood by examining if some areas with lower average incomes truly have lower rates of child poverty than areas with higher average incomes.
The Silver Point income is less than that of 65.7% of American neighborhoods. A lower rate of childhood poverty than that observed in 67.1% of American areas is also present in this neighborhood, where 4.7% of the children aged seventeen and under live below the federal poverty line.
Residents of Silver Point, Tennessee, most frequently claim to be of English origin (15.9%). Additionally, there are many people of Irish heritage (15.7%), inhabitants with German ancestry (13.5%), some people with Mexican ancestry (3.0%), and some people with Welsh ancestry (1.9%), among other people.
English is the primary language used in 99.5% of households in the Silver Point neighborhood.
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