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Real Estate Prices & Overview

Oak Ridge Commerce Park / Ridge Pointe median real estate price is $321,976, which is more expensive than 47.8% of the neighborhoods in Georgia and 42.8% of the neighborhoods in the U.S.

The average rental price in Oak Ridge Commerce Park / Ridge Pointe is currently $2,536, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.3% of the neighborhoods in Georgia.

Oak Ridge Commerce Park / Ridge Pointe is a suburban neighborhood (based on population density) located in Mableton, Georgia.

Oak Ridge Commerce Park / Ridge Pointe real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Oak Ridge Commerce Park / Ridge Pointe neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Oak Ridge Commerce Park / Ridge Pointe has a 14.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.3% 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

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.

People

In a nation where 1 out of every 4 children lives in poverty, the Oak Ridge Commerce Park / Ridge Pointe neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Diversity

Did you know that the Oak Ridge Commerce Park / Ridge Pointe neighborhood has more Jamaican and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.1% of this neighborhood's residents have Jamaican ancestry and 10.2% have Sub-Saharan African 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 Oak Ridge Commerce Park / Ridge Pointe neighborhood in Mableton are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.7% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Oak Ridge Commerce Park / Ridge Pointe neighborhood, 36.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.1%), and 15.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Oak Ridge Commerce Park / Ridge Pointe neighborhood is English, spoken by 66.6% of households. Some people also speak Spanish (33.2%).

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 Oak Ridge Commerce Park / Ridge Pointe neighborhood in Mableton, GA, residents most commonly identify their ethnicity or ancestry as Mexican (18.8%). There are also a number of people of Sub-Saharan African ancestry (10.2%), and residents who report Jamaican roots (8.1%), and some of the residents are also of African ancestry (3.9%), along with some English ancestry residents (1.4%), among others. In addition, 21.2% 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 Oak Ridge Commerce Park / Ridge Pointe neighborhood spend between 15 and 30 minutes commuting one-way to work (49.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.9%) 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 (18.5%) . 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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