Real Estate Prices and Overview
Acree median real estate prices are $65,395, which is less expensive than 89.2% of Georgia neighborhoods
and 93.0% of all U.S. neighborhoods.
Average rental prices in Acree are currently
$672, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 74.8% of Georgia neighborhoods.
Acree is a rural neighborhood (based on population
density) located in Albany, Georgia.
Acree 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 Acree neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Acree has a 14.9% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
73.3% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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 Albany,
the Acree neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Modes of Transportation
More people in Acree choose to walk to work each day
(25.0%) than almost any neighborhood in America. If you are
attracted to the idea of being able to walk to work, this neighborhood
could be a good choice.
Notable & Unique: Occupations
It used to be that most Americans lived on the farm, or otherwise made their
living from the land, the forests, or the sea. With global trade and an
economy increasingly based on providing services to one another, fewer
people farm, fish or harvest timber now than at any time in American history.
But according to NeighborhoodScout's leading analysis, the
Acree neighborhood stands apart from most American neighborhood due
to the proportion of its residents still working in these fields. With 6.0%
of the workforce so employed, this neighborhood has a greater concentration
of such workers than 97.3% of U.S. neighborhoods.
Notable & Unique: Real Estate
In addition, most neighborhoods are composed of a mixture of ages of homes, but the Acree stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 80.3% of the residential real estate here was built in this one time period.
The Neighbors: Income
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 Acree neighborhood in Albany are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 72.4% of U.S. neighborhoods.
With 40.6% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 84.3%
of U.S. neighborhoods.
The Neighbors: Occupations
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 Acree neighborhood, 30.8%
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 28.4% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(18.3%), and 16.6% in clerical, assistant, and tech support occupations.
The Neighbors: 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 Acree neighborhood in Albany, GA, residents
most commonly identify their ethnicity or ancestry as Irish
(5.2%). There are also a number of people of Mexican ancestry (4.6%) , and residents who report German roots (2.1%) .
The Neighbors: Languages
The most common language spoken in the Acree
neighborhood is English, spoken by 95.3% of households. Some people also speak Spanish (3.8%).
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 Acree neighborhood spend
between 15 and 30 minutes commuting one-way to work (44.2% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (61.5%) drive alone in a private automobile to get to work.
In addition, quite a number also hop out the door and walk to work to get to work (25.0%) and 13.0% of residents also carpool with coworkers, friends, or neighbors 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.