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Real Estate Prices & Overview

Dawson Blvd / Wood Pkwy median real estate price is $396,426, which is more expensive than 67.3% of the neighborhoods in Georgia and 57.6% of the neighborhoods in the U.S.

The average rental price in Dawson Blvd / Wood Pkwy is currently $2,232, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.7% of Georgia neighborhoods.

Dawson Blvd / Wood Pkwy is a densely urban neighborhood (based on population density) located in Atlanta, Georgia.

Dawson Blvd / Wood Pkwy 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 Dawson Blvd / Wood Pkwy neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Dawson Blvd / Wood Pkwy has a 15.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.9% 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

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 Dawson Blvd / Wood Pkwy neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

98.5% of the real estate in the Dawson Blvd / Wood Pkwy neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the Dawson Blvd / Wood Pkwy 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 94.2% 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, one of the really unique and interesting things about the look and setting of the Dawson Blvd / Wood Pkwy neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 88.4% 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 98.0% of all neighborhoods in America.

Diversity

Did you know that the Dawson Blvd / Wood Pkwy neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.6% of this neighborhood's residents have Sub-Saharan African ancestry and 5.5% have African ancestry.

Dawson Blvd / Wood Pkwy is also pretty special linguistically. Significantly, 9.0% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.6% 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 Dawson Blvd / Wood Pkwy neighborhood in Atlanta are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.3% of U.S. neighborhoods. With 32.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.1% 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 Dawson Blvd / Wood Pkwy neighborhood, 33.1% 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 executive, management, and professional occupations, with 27.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.0%), and 15.4% 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 Dawson Blvd / Wood Pkwy neighborhood is English, spoken by 70.0% of households. Other important languages spoken here include Spanish and African languages.

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 Dawson Blvd / Wood Pkwy neighborhood in Atlanta, GA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (18.6%). There are also a number of people of Mexican ancestry (12.8%), and residents who report African roots (5.5%), and some of the residents are also of Puerto Rican ancestry (4.2%), along with some Asian ancestry residents (3.4%), among others. In addition, 21.6% 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 Dawson Blvd / Wood Pkwy neighborhood spend between 30 and 45 minutes commuting one-way to work (38.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (78.7%) 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 (11.3%) . 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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