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Real Estate Prices & Overview

Peachtree Heights East / Peachtree Hills median real estate price is $814,397, which is more expensive than 94.6% of the neighborhoods in Georgia and 86.4% of the neighborhoods in the U.S.

The average rental price in Peachtree Heights East / Peachtree Hills is currently $2,433, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.2% of the neighborhoods in Georgia.

Peachtree Heights East / Peachtree Hills is an urban neighborhood (based on population density) located in Atlanta, Georgia.

Peachtree Heights East / Peachtree Hills 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 Peachtree Heights East / Peachtree Hills neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Peachtree Heights East / Peachtree Hills has a 10.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.8% 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

If you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Peachtree Heights East / Peachtree Hills neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 99.5% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Peachtree Heights East / Peachtree Hills neighborhood.

In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 42.4% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 97.8% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Also, peachtree Heights East / Peachtree Hills has the amazing distinction of housing more same sex couples living together than 97.5% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Occupations

The Peachtree Heights East / Peachtree Hills neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.8% of the neighborhoods in America. In fact, 78.8% 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.

Diversity

Did you know that the Peachtree Heights East / Peachtree Hills neighborhood has more Iranian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Iranian ancestry and 1.7% have Eastern European ancestry.

Peachtree Heights East / Peachtree Hills is also pretty special linguistically. Significantly, 5.5% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.

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 Peachtree Heights East / Peachtree Hills neighborhood in Atlanta are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 89.1% of the neighborhoods in America. With 24.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.3% 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 Peachtree Heights East / Peachtree Hills neighborhood, 78.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 11.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (5.8%), and 4.0% in clerical, assistant, and tech support occupations.

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 Peachtree Heights East / Peachtree Hills neighborhood is English, spoken by 77.1% of households. Other important languages spoken here include Spanish, Korean, Polish and French.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Peachtree Heights East / Peachtree Hills neighborhood in Atlanta, GA, residents most commonly identify their ethnicity or ancestry as Italian (14.1%). There are also a number of people of Irish ancestry (12.7%), and residents who report Mexican roots (11.1%), and some of the residents are also of German ancestry (10.3%), along with some Polish ancestry residents (10.0%), among others. In addition, 16.1% 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 Peachtree Heights East / Peachtree Hills neighborhood spend under 15 minutes commuting one-way to work (31.9% of working residents), one of the shortest commutes across America.

Here most residents (64.9%) 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 (8.3%) . 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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