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Real Estate Prices & Overview

Lullwater Park / The Lullwater Estate median real estate price is $473,615, which is more expensive than 71.6% of the neighborhoods in Georgia and 61.6% of the neighborhoods in the U.S.

The average rental price in Lullwater Park / The Lullwater Estate is currently $2,499, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.1% of the neighborhoods in Georgia.

Lullwater Park / The Lullwater Estate is a suburban neighborhood (based on population density) located in Atlanta, Georgia.

Lullwater Park / The Lullwater Estate real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lullwater Park / The Lullwater Estate neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Lullwater Park / The Lullwater Estate are 3.8%, which is lower than one will find in 72.8% of American neighborhoods. Demand for real estate in Lullwater Park / The Lullwater Estate is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Lullwater Park / The Lullwater Estate neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

Executives, managers and professionals make up 85.1% of the workforce in the Lullwater Park / The Lullwater Estate neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.7% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

People

The rate of college educated adults in the Lullwater Park / The Lullwater Estate neighborhood is a unique characteristic of the neighborhood. 86.7% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.2% of all U.S. neighborhoods.

In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Lullwater Park / The Lullwater Estate neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 97.0% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Lullwater Park / The Lullwater Estate neighborhood.

Also, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 50.0%. This is a higher percent living alone than we found in 95.2% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Real Estate

Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Lullwater Park / The Lullwater Estate neighborhood could be your paradise. With 32.8% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 2.8% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Modes of Transportation

In the Lullwater Park / The Lullwater Estate neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 36.8% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.0% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Diversity

Did you know that the Lullwater Park / The Lullwater Estate neighborhood has more English and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.2% of this neighborhood's residents have English ancestry and 5.8% have Scottish 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 Lullwater Park / The Lullwater Estate neighborhood in Atlanta are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 80.5% of the neighborhoods in America. With 21.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.2% 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 Lullwater Park / The Lullwater Estate neighborhood, 85.1% 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 10.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (4.7%), and 2.5% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Lullwater Park / The Lullwater Estate neighborhood is English, spoken by 93.1% of households. Some people also speak Chinese (3.9%).

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 Lullwater Park / The Lullwater Estate neighborhood in Atlanta, GA, residents most commonly identify their ethnicity or ancestry as English (25.2%). There are also a number of people of Asian ancestry (10.7%), and residents who report Irish roots (9.6%), and some of the residents are also of Scottish ancestry (5.8%), along with some German ancestry residents (5.0%), among others. In addition, 12.4% of the residents of this neighborhood were born in another country.

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 Lullwater Park / The Lullwater Estate neighborhood spend between 15 and 30 minutes commuting one-way to work (38.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (55.7%) 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 (7.5%) . 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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