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
Notable & Unique: Diversity
Significantly, 4.7% of its residents five years old and above primarily
speak Hindi, which is the official language of India at home. While this may seem like a small percentage, it is higher
than 99.3% of the neighborhoods in America.
Notable & Unique: People
NeighborhoodScout's analysis shows that the Spring St NW / W Peachtree St NW
neighborhood has a greater concentration of residents currently enrolled
in college than 99.3% of the neighborhoods in the U.S. With
53.2% of the population here attending college, this is very
much a college-focused neighborhood.
In addition, one of the really interesting characteristics about the
Spring St NW / W Peachtree St NW neighborhood is that, according to NeighborhoodScout's
exclusive research, it is an excellent choice in which to reside for
college students. Due to its popularity among college students who
already choose to live here, its walkability, and its above average
safety from crime, the neighborhood is ideal for prospective or
already-enrolled college students. Between semesters and during
school breaks, you'll notice that the excitement here fluctuates with
the college seasons. Despite the excitement however, parents of college-age
children can rest easy knowing that this
neighborhood has an above average safety rating. For each of these
reasons, the neighborhood is rated among the
top 0.9% of college-friendly places to live in
the state of Georgia.
In addition to being an excellent choice for college students, this
neighborhood is also a very good choice for young, single professionals.
Notable & Unique: Modes of Transportation
More people in Spring St NW / W Peachtree St NW choose to walk to work each day
(34.4%) 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: 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.
In the Spring St NW / W Peachtree St NW neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 97.6% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
Notable & Unique: Real Estate
In addition, the Spring St NW / W Peachtree St NW 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 95.4% 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 Spring St NW / W Peachtree St NW neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 95.0% 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 99.2% of all neighborhoods in America.
Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Spring St NW / W Peachtree St NW neighborhood. A whopping 55.8% 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 96.8% of the neighborhoods in the U.S. Everything here just feels new.
Finally, 87.8% of the real estate in the Spring St NW / W Peachtree St NW neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. Despite all of the residential real estate here in the Spring St NW / W Peachtree St NW neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 34.2%, which is higher than 95.8% of all U.S. neighborhoods.