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Real Estate Prices & Overview

Shaefer - Greenfield / Georgetown Commons median real estate price is $266,576, which is more expensive than 49.3% of the neighborhoods in Michigan and 31.8% of the neighborhoods in the U.S.

The average rental price in Shaefer - Greenfield / Georgetown Commons is currently $1,572, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.9% of Michigan neighborhoods.

Shaefer - Greenfield / Georgetown Commons is an urban neighborhood (based on population density) located in Dearborn, Michigan.

Shaefer - Greenfield / Georgetown Commons real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes 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 Shaefer - Greenfield / Georgetown Commons neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Shaefer - Greenfield / Georgetown Commons are 5.5%, which is lower than one will find in 62.0% of American neighborhoods. Demand for real estate in Shaefer - Greenfield / Georgetown Commons 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

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

One of the most interesting things about the Shaefer - Greenfield / Georgetown Commons neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 52.4% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.6% of the neighborhoods in America.

In addition, shaefer - Greenfield / Georgetown Commons is ranked among the top 5.9% of neighborhoods for first-time home buyers to consider in the state of Michigan according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Shaefer - Greenfield / Georgetown Commons neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for college students.

Diversity

Did you know that the Shaefer - Greenfield / Georgetown Commons neighborhood has more Arab and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 70.1% of this neighborhood's residents have Arab ancestry and 16.7% have Lebanese ancestry.

Shaefer - Greenfield / Georgetown Commons is also pretty special linguistically. Significantly, 74.2% of its residents five years old and above primarily speak Arabic at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.

Migration / Stability

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. What is interesting to note, is that the Shaefer - Greenfield / Georgetown Commons neighborhood has a greater percentage of residents born in another country (49.1%) than are found in 97.3% of all U.S. neighborhoods.

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 Shaefer - Greenfield / Georgetown Commons neighborhood in Dearborn are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.0% of U.S. neighborhoods. With 36.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.3% 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 Shaefer - Greenfield / Georgetown Commons neighborhood, 28.8% 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 26.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (25.3%), and 19.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Shaefer - Greenfield / Georgetown Commons neighborhood is Arabic, spoken by 74.2% of households. Some people also speak English (23.5%).

Ethnicity / Ancestry

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 Shaefer - Greenfield / Georgetown Commons neighborhood in Dearborn, MI, residents most commonly identify their ethnicity or ancestry as Arab (70.1%). There are also a number of people of Lebanese ancestry (16.7%), and residents who report Sub-Saharan African roots (6.3%), and some of the residents are also of Polish ancestry (2.5%), along with some German ancestry residents (2.5%), among others. In addition, 49.1% of the residents of this neighborhood were born in another country.

Getting to Work

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 Shaefer - Greenfield / Georgetown Commons neighborhood spend under 15 minutes commuting one-way to work (42.2% of working residents), one of the shortest commutes across America.

Here most residents (81.2%) 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 (9.0%) . 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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