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Real Estate Prices & Overview

Medford Manor / Lakeside On Redwine median real estate price is $393,470, which is more expensive than 62.3% of the neighborhoods in Georgia and 54.7% of the neighborhoods in the U.S.

The average rental price in Medford Manor / Lakeside On Redwine is currently $2,628, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.1% of the neighborhoods in Georgia.

Medford Manor / Lakeside On Redwine is a suburban neighborhood (based on population density) located in Fayetteville, Georgia.

Medford Manor / Lakeside On Redwine 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 Medford Manor / Lakeside On Redwine 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.

In Medford Manor / Lakeside On Redwine, 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 Medford Manor / Lakeside On Redwine 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

With a real estate vacancy rate of only 0.0%, the Medford Manor / Lakeside On Redwine neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

People

Of note is NeighborhoodScout's research finding that the Medford Manor / Lakeside On Redwine neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Medford Manor / Lakeside On Redwine community truly stands out from the rest in this regard.

Occupations

The Medford Manor / Lakeside On Redwine neighborhood stands out nationally for having a greater proportion of its residents active in the military than 95.1% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Diversity

Did you know that the Medford Manor / Lakeside On Redwine neighborhood has more British and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have British ancestry and 2.3% have Welsh ancestry.

Medford Manor / Lakeside On Redwine is also pretty special linguistically. Significantly, 0.5% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 95.1% of the neighborhoods in America.

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 Medford Manor / Lakeside On Redwine neighborhood in Fayetteville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.9% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Medford Manor / Lakeside On Redwine neighborhood, 46.7% 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 24.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.8%), and 12.5% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Medford Manor / Lakeside On Redwine neighborhood is English, spoken by 84.6% of households. Some people also speak Spanish (7.6%).

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 Medford Manor / Lakeside On Redwine neighborhood in Fayetteville, GA, residents most commonly identify their ethnicity or ancestry as German (9.7%). There are also a number of people of English ancestry (6.2%), and residents who report Irish roots (5.6%), and some of the residents are also of Asian ancestry (5.6%), along with some Scottish ancestry residents (3.5%), 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 Medford Manor / Lakeside On Redwine neighborhood spend between 15 and 30 minutes commuting one-way to work (29.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (88.8%) 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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