Peyton Forest median real estate price is $391,309, which is more expensive than 60.7% of the neighborhoods in Georgia and 52.9% of the neighborhoods in the U.S.
The average rental price in Peyton Forest is currently $1,424, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.7% of Georgia neighborhoods.
Peyton Forest is a suburban neighborhood (based on population density) located in Atlanta, Georgia.
Peyton Forest 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 Peyton Forest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Peyton Forest has a 14.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.0% 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.
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 Peyton Forest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Divorcees may find friendship and understanding in this neighborhood, as 24.0% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 98.7% of the neighborhoods in America.
In addition, the Peyton Forest neighborhood has a greater percentage of children living in poverty (59.6%) than found in 96.9% 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.
88.5% of the real estate in the Peyton Forest neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, one of the really unique and interesting things about the look and setting of the Peyton Forest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 75.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.0% of all neighborhoods in America.
More people ride the bus in this neighborhood each day to get to work than 95.2% of U.S. neighborhoods.
Did you know that the Peyton Forest neighborhood has more African and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.0% of this neighborhood's residents have African ancestry and 8.5% have Jamaican ancestry.
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 Peyton Forest neighborhood in Atlanta are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.9% of U.S. neighborhoods. With 59.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.9% 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 Peyton Forest neighborhood, 33.6% 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 25.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.1%), and 17.7% in clerical, assistant, and tech support occupations.
The most common language spoken in the Peyton Forest neighborhood is English, spoken by 89.9% of households. Some people also speak Spanish (9.0%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Peyton Forest neighborhood in Atlanta, GA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (15.0%). There are also a number of people of African ancestry (15.0%), and residents who report Mexican roots (12.3%), and some of the residents are also of Jamaican ancestry (8.5%), along with some English ancestry residents (1.6%), among others. In addition, 12.7% of the residents of this neighborhood were born in another country.
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 Peyton Forest neighborhood spend between 15 and 30 minutes commuting one-way to work (51.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (62.5%) 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 (14.5%) and 10.2% of residents also ride the bus 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.