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Real Estate Prices & Overview

Riverbrooke median real estate price is $542,978, which is more expensive than 83.6% of the neighborhoods in Georgia and 73.0% of the neighborhoods in the U.S.

The average rental price in Riverbrooke is currently $3,172, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.6% of the neighborhoods in Georgia.

Riverbrooke is a suburban neighborhood (based on population density) located in Duluth, Georgia.

Riverbrooke real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Riverbrooke 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.

Riverbrooke has a 9.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.0% 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

A majority of the adults in the Riverbrooke neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Georgia by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.7% of the neighborhoods in Georgia. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for college students.

Real Estate

One way that the Riverbrooke neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.5% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Diversity

Did you know that the Riverbrooke neighborhood has more Yugoslav and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.7% of this neighborhood's residents have Yugoslav ancestry and 1.1% have Iranian ancestry.

Riverbrooke is also pretty special linguistically. Significantly, 5.8% 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 99.1% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Riverbrooke neighborhood. More residents of the Riverbrooke neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.5% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

The Neighbors

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 Riverbrooke neighborhood in Duluth are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.5% of the neighborhoods in America. With 18.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.7% 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 Riverbrooke neighborhood, 64.0% 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 16.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (11.5%), and 7.8% in manufacturing and laborer 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 Riverbrooke neighborhood is English, spoken by 56.1% of households. Other important languages spoken here include Spanish, Chinese, Langs. of India and Korean.

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 Riverbrooke neighborhood in Duluth, GA, residents most commonly identify their ethnicity or ancestry as Asian (28.7%). There are also a number of people of German ancestry (9.9%), and residents who report Sub-Saharan African roots (6.3%), and some of the residents are also of Polish ancestry (3.9%), along with some English ancestry residents (3.4%), among others. In addition, 26.3% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Riverbrooke neighborhood spend between 30 and 45 minutes commuting one-way to work (32.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (78.9%) drive alone in a private automobile to get to work. 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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