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Real Estate Prices & Overview

Cottage Hill median real estate price is $224,378, which is more expensive than 52.4% of the neighborhoods in Alabama and 23.9% of the neighborhoods in the U.S.

The average rental price in Cottage Hill is currently $1,944, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.6% of the neighborhoods in Alabama.

Cottage Hill is a suburban neighborhood (based on population density) located in Montgomery, Alabama.

Cottage Hill real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Cottage Hill neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

Cottage Hill has a 14.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.4% 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

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.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Cottage Hill neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 34.0% of its workforce, this neighborhood has a greater concentration of government workers than 99.9% of U.S. neighborhoods.

Furthermore, with 3.0% of employed workers living in the Cottage Hill neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.5% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

In addition, executives, managers and professionals make up 71.6% of the workforce in the Cottage Hill neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.9% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

People

One of the most interesting things about the Cottage Hill neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 67.3% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.5% of the neighborhoods in America.

In addition, the Cottage Hill neighborhood has a greater percentage of children living in poverty (57.7%) than found in 96.5% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Cottage Hill neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Cottage Hill neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 65.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

One of the really unique and interesting things about the look and setting of the Cottage Hill neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 76.4% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.2% of all neighborhoods in America.

In addition, renter-occupied real estate is dominant in the Cottage Hill neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 86.6%, which is higher than 95.9% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Diversity

Did you know that the Cottage Hill neighborhood has more Portuguese and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Portuguese ancestry and 1.1% have Brazilian ancestry.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Cottage Hill neighborhood. In the Cottage Hill neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Cottage Hill neighborhood in Montgomery are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.8% of U.S. neighborhoods. With 57.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.5% 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 Cottage Hill neighborhood, 71.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 34.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.7%), and 7.5% in clerical, assistant, and tech support 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 Cottage Hill neighborhood is English, spoken by 91.1% of households. Other important languages spoken here include Polish and Spanish.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Cottage Hill neighborhood in Montgomery, AL, residents most commonly identify their ethnicity or ancestry as English (10.5%). There are also a number of people of Irish ancestry (7.3%), and residents who report German roots (6.7%), and some of the residents are also of Italian ancestry (4.1%), along with some Portuguese ancestry residents (3.8%), among others.

Getting to Work

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 Cottage Hill neighborhood spend under 15 minutes commuting one-way to work (65.0% of working residents), one of the shortest commutes across America.

Here most residents (78.2%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (10.1%) . 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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