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Real Estate Prices & Overview

Chapel Lake the Summit / Eastwind mayfair median real estate price is $358,501, which is more expensive than 56.0% of the neighborhoods in Georgia and 49.2% of the neighborhoods in the U.S.

The average rental price in Chapel Lake the Summit / Eastwind mayfair is currently $2,964, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.5% of the neighborhoods in Georgia.

Chapel Lake the Summit / Eastwind mayfair is a suburban neighborhood (based on population density) located in Decatur, Georgia.

Chapel Lake the Summit / Eastwind mayfair real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Chapel Lake the Summit / Eastwind mayfair neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Chapel Lake the Summit / Eastwind mayfair has a 11.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.7% 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 Decatur, the Chapel Lake the Summit / Eastwind mayfair neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Chapel Lake the Summit / Eastwind mayfair neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 23.5% of its workforce, this neighborhood has a greater concentration of government workers than 99.5% of U.S. neighborhoods.

Diversity

Did you know that the Chapel Lake the Summit / Eastwind mayfair neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.0% of this neighborhood's residents have Jamaican ancestry.

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 Chapel Lake the Summit / Eastwind mayfair neighborhood in Decatur are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 68.7% of the neighborhoods in America. With 15.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.2% 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 Chapel Lake the Summit / Eastwind mayfair neighborhood, 44.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.0% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (23.5%), and 22.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Chapel Lake the Summit / Eastwind mayfair neighborhood is English, spoken by 99.3% of households.

Ethnicity / Ancestry

Culture is shared 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 Chapel Lake the Summit / Eastwind mayfair neighborhood in Decatur, GA, residents most commonly identify their ethnicity or ancestry as Jamaican (33.0%). There are also a number of people of Sub-Saharan African ancestry (1.9%), and residents who report African roots (1.9%).

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 Chapel Lake the Summit / Eastwind mayfair neighborhood spend between 30 and 45 minutes commuting one-way to work (34.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (82.9%) 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 (11.1%) . 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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