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Real Estate Prices & Overview

Midtown median real estate price is $569,151, which is more expensive than 85.1% of the neighborhoods in Georgia and 74.6% of the neighborhoods in the U.S.

The average rental price in Midtown is currently $4,045, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.2% of the neighborhoods in Georgia.

Midtown is a densely urban neighborhood (based on population density) located in Atlanta, Georgia.

Midtown 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 occupied by a mixture of owners and renters. Many of the residences in the Midtown neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.0% in Midtown. NeighborhoodScout analysis shows that this rate is lower than 43.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Midtown neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, 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: 60.9%. This is a higher percent living alone than we found in 98.9% 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.

Also, the rate of college educated adults in the Midtown neighborhood is a unique characteristic of the neighborhood. 80.7% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 98.0% of all U.S. neighborhoods.

Finally, a unique characteristic about the people in the Midtown neighborhood is that a majority of them are young, single professionals. In fact, there are more young, single professionals in this one community than 95.3% of neighborhoods in the U.S. Here you'll find an active nightlife nearby with lots of opportunities to flirt and find romance.

Real Estate

The real estate in the Midtown neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 97.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.6% of American neighborhoods.

In addition, the Midtown neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 98.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, the Midtown neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 37,628 persons per square mile in the neighborhood, it is more packed with people than 97.7% of the nation's neighborhoods.

Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Midtown neighborhood. A whopping 71.9% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.2% of the neighborhoods in the U.S. Everything here just feels new.

Occupations

The Midtown neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.8% of the neighborhoods in America. In fact, 78.5% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Modes of Transportation

More people in Midtown choose to walk to work each day (18.1%) 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.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.2% of residents in the Midtown neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.2% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Finally, a unique way of commuting is simply not to. And in the Midtown neighborhood, analysis shows that 28.2% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 95.8% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Diversity

Did you know that the Midtown neighborhood has more Scottish and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.5% of this neighborhood's residents have Scottish ancestry and 3.6% have Eastern European ancestry.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Midtown neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Midtown 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 83.4% 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.

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 Midtown neighborhood, 78.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 11.9% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (8.0%), and 7.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Midtown neighborhood is English, spoken by 86.6% of households. Other important languages spoken here include Spanish and French.

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 Midtown neighborhood in Atlanta, GA, residents most commonly identify their ethnicity or ancestry as Irish (17.3%). There are also a number of people of English ancestry (16.7%), and residents who report Italian roots (14.4%), and some of the residents are also of German ancestry (13.9%), along with some Scottish ancestry residents (8.5%), among others. In addition, 11.5% 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 Midtown neighborhood spend between 15 and 30 minutes commuting one-way to work (43.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (36.5%) 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 (18.1%) and 7.0% of residents also take the train 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.


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