South Milledge / Riverbend Research median real estate price is $455,697, which is more expensive than 69.9% of the neighborhoods in Georgia and 60.0% of the neighborhoods in the U.S.
The average rental price in South Milledge / Riverbend Research is currently $1,852, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.1% of Georgia neighborhoods.
South Milledge / Riverbend Research is a rural neighborhood (based on population density) located in Athens, Georgia.
South Milledge / Riverbend Research 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 South Milledge / Riverbend Research neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In South Milledge / Riverbend Research, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 81.8% of all neighborhoods in the U.S. This means that the housing supply in South Milledge / Riverbend Research is very tight compared to the demand for property here.
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.
The South Milledge / Riverbend Research neighborhood stands out for having an average per capita income lower than 96.1% of the neighborhoods in the United States. The South Milledge / Riverbend Research neighborhood also has a greater percentage of children living in poverty (89.8%) than found in 99.7% 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.
In addition, neighborhoodScout's analysis shows that the South Milledge / Riverbend Research neighborhood has a greater concentration of residents currently enrolled in college than 99.2% of the neighborhoods in the U.S. With 49.7% of the population here attending college, this is very much a college-focused neighborhood.
Also, with a nice mix of college students, safety from crime, and decent walkability, the South Milledge / Riverbend Research 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 87.0% 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.
94.1% of the real estate in the South Milledge / Riverbend Research neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the South Milledge / Riverbend Research 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 95.8% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the South Milledge / Riverbend Research neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the South Milledge / Riverbend Research neighborhood has more Haitian and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.5% of this neighborhood's residents have Haitian ancestry and 1.1% have Brazilian ancestry.
South Milledge / Riverbend Research is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 98.2% 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 South Milledge / Riverbend Research neighborhood in Athens are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.1% of U.S. neighborhoods. With 89.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.7% 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 South Milledge / Riverbend Research neighborhood, 40.1% 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 31.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.4%), and 5.2% in government jobs, whether they are in local, state, or federal positions.
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 South Milledge / Riverbend Research neighborhood is English, spoken by 92.0% of households. Other important languages spoken here include Langs. of India and French.
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 South Milledge / Riverbend Research neighborhood in Athens, GA, residents most commonly identify their ethnicity or ancestry as English (11.8%). There are also a number of people of German ancestry (8.1%), and residents who report Irish roots (7.0%), and some of the residents are also of Haitian ancestry (4.5%), along with some Asian ancestry residents (2.8%), among others.
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 South Milledge / Riverbend Research neighborhood spend under 15 minutes commuting one-way to work (53.1% of working residents), one of the shortest commutes across America.
Here most residents (81.3%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.