Albany Historic District median real estate price is $150,674, which is less expensive than 86.9% of Georgia neighborhoods and 87.7% of all U.S. neighborhoods.
The average rental price in Albany Historic District is currently $1,099, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.4% of Georgia neighborhoods.
Albany Historic District is a suburban neighborhood (based on population density) located in Albany, Georgia.
Albany Historic District real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Albany Historic District neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Albany Historic District. The current real estate vacancy rate here is 44.3%. This is higher than the rate of vacancies in 98.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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 as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Modes of Transportation
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 6.5% of residents in the Albany Historic District neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.9% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, more people in Albany Historic District choose to walk to work each day (21.2%) 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.
People
One of the unique characteristics of the Albany Historic District neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.9% of the neighborhoods in America. Also of note, 60.0% 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.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Albany Historic District neighborhood has a highly unusual pattern of car ownership. 41.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.2% of U.S. neighborhoods.
Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Albany Historic District neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.2% of all American neighborhoods.
Furthermore, each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Albany Historic District neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 97.3% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.
Real Estate
Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 44.3% of the residential real estate vacant, the Albany Historic District neighborhood claims the distinction of having a higher vacancy rate than 98.1% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Albany Historic District neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 42.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.4% of America's neighborhoods.
Diversity
Significantly, 1.7% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.5% of the neighborhoods in America.
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 Albany Historic District neighborhood in Albany are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.9% of U.S. neighborhoods. With 60.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.8% 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 Albany Historic District neighborhood, 43.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 31.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.8%), and 5.5% in farming, forestry, or commercial fishing.
Languages
The most common language spoken in the Albany Historic District neighborhood is English, spoken by 84.5% of households. Some people also speak Spanish (11.2%).
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 Albany Historic District neighborhood in Albany, GA, residents most commonly identify their ethnicity or ancestry as Mexican (4.9%). There are also a number of people of English ancestry (3.6%), and residents who report Asian roots (1.8%).
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 Albany Historic District neighborhood spend between 15 and 30 minutes commuting one-way to work (37.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (52.6%) 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 (21.2%) and 15.7% of residents also carpool with coworkers, friends, or neighbors 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.
