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Real Estate Prices & Overview

Durham Lakes Brookhaven Park / Castlewalk median real estate price is $398,637, which is more expensive than 65.1% of the neighborhoods in Georgia and 56.6% of the neighborhoods in the U.S.

The average rental price in Durham Lakes Brookhaven Park / Castlewalk is currently $2,327, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.0% of Georgia neighborhoods.

Durham Lakes Brookhaven Park / Castlewalk is a suburban neighborhood (based on population density) located in Fairburn, Georgia.

Durham Lakes Brookhaven Park / Castlewalk real estate is primarily made up of small (studio to two 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 Durham Lakes Brookhaven Park / Castlewalk neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

In Durham Lakes Brookhaven Park / Castlewalk, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Durham Lakes Brookhaven Park / Castlewalk is very tight compared to the demand for property here.

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.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Durham Lakes Brookhaven Park / Castlewalk neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, homes built from 2000 through today make up a higher proportion of the Durham Lakes Brookhaven Park / Castlewalk neighborhood's real estate landscape than 96.5% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 73.7% of the residential real estate here is classified as newer.

Modes of Transportation

In the Durham Lakes Brookhaven Park / Castlewalk neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 36.2% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.0% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

People

Divorcees may find friendship and understanding in this neighborhood, as 20.1% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 95.7% of the neighborhoods in America.

Diversity

Did you know that the Durham Lakes Brookhaven Park / Castlewalk neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.3% of this neighborhood's residents have African ancestry and 15.3% have Sub-Saharan African ancestry.

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 Durham Lakes Brookhaven Park / Castlewalk neighborhood in Fairburn are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.6% of U.S. neighborhoods. With 15.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.0% 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 Durham Lakes Brookhaven Park / Castlewalk neighborhood, 45.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.4%), and 12.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Durham Lakes Brookhaven Park / Castlewalk neighborhood is English, spoken by 91.4% of households. Some people also speak Spanish (5.5%).

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 Durham Lakes Brookhaven Park / Castlewalk neighborhood in Fairburn, GA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (15.3%). There are also a number of people of African ancestry (15.3%), and residents who report Mexican roots (8.6%), and some of the residents are also of English ancestry (2.8%), along with some Italian ancestry residents (2.3%), among others.

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 Durham Lakes Brookhaven Park / Castlewalk neighborhood spend between 15 and 30 minutes commuting one-way to work (45.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (52.8%) 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 (8.8%) . 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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