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Real Estate Prices & Overview

Downtown / Georgia State University median real estate price is $252,403, which is less expensive than 66.8% of Georgia neighborhoods and 68.2% of all U.S. neighborhoods.

The average rental price in Downtown / Georgia State University is currently $2,177, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.1% of Georgia neighborhoods.

Downtown / Georgia State University is a suburban neighborhood (based on population density) located in Atlanta, Georgia.

Downtown / Georgia State University 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Downtown / Georgia State University neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

Downtown / Georgia State University has a 12.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.8% 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 Atlanta, the Downtown / Georgia State University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note, 85.8% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, an extraordinary 36.2% of the residents of the Downtown / Georgia State University neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Also, with a nice mix of college students, safety from crime, and decent walkability, the Downtown / Georgia State University neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.3% of the neighborhoods in GA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Real Estate

One of the really unique and interesting things about the look and setting of the Downtown / Georgia State University neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 93.5% 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 98.7% of all neighborhoods in America.

In addition, the Downtown / Georgia State University neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 92.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Modes of Transportation

More people in Downtown / Georgia State University choose to walk to work each day (16.1%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, our research shows that more people carpool to work here in the Downtown / Georgia State University (22.5%) than in 95.4% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Downtown / Georgia State University neighborhood buck this trend. 26.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.6% of U.S. neighborhoods.

Occupations

There are more people living in the Downtown / Georgia State University neighborhood employed as sales and service workers (61.2%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Diversity

Did you know that the Downtown / Georgia State University neighborhood has more Yugoslav and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Yugoslav ancestry and 18.7% have Sub-Saharan African ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Downtown / Georgia State University neighborhood in Atlanta are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.4% of U.S. neighborhoods. With 85.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.6% of U.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 Downtown / Georgia State University neighborhood, 43.0% 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 38.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.9%), and 7.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Downtown / Georgia State University neighborhood is English, spoken by 92.7% of households. Some people also speak Spanish (2.9%).

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 Downtown / Georgia State University neighborhood in Atlanta, GA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (18.7%). There are also a number of people of Scottish ancestry (5.3%), and residents who report Asian roots (5.1%), and some of the residents are also of Irish ancestry (4.5%), along with some English ancestry residents (3.8%), among others. In addition, 10.5% of the residents of this neighborhood were born in another country.

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 Downtown / Georgia State University neighborhood spend between 15 and 30 minutes commuting one-way to work (55.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (42.9%) 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 (22.5%) and 16.1% of residents also hop out the door and walk to work for their daily commute. 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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