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Real Estate Prices & Overview

Forest Park Southwest median real estate price is $176,569, which is less expensive than 80.8% of Georgia neighborhoods and 81.9% of all U.S. neighborhoods.

The average rental price in Forest Park Southwest is currently $2,022, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.5% of Georgia neighborhoods.

Forest Park Southwest is a suburban neighborhood (based on population density) located in Forest Park, Georgia.

Forest Park Southwest 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Forest Park Southwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Forest Park Southwest are 3.8%, which is lower than one will find in 75.1% of American neighborhoods. Demand for real estate in Forest Park Southwest is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Forest Park, the Forest Park Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Single parenting is hard. But you don't have to tell the Forest Park Southwest neighborhood about it; they already know. 30.5% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.6% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Real Estate

97.5% of the real estate in the Forest Park Southwest neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Modes of Transportation

Our research shows that more people carpool to work here in the Forest Park Southwest (26.6%) than in 97.8% of the neighborhoods in America.

Diversity

Did you know that the Forest Park Southwest neighborhood has more Jamaican and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.3% of this neighborhood's residents have Jamaican ancestry and 8.0% have African ancestry.

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 Forest Park Southwest neighborhood in Forest Park are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.0% of U.S. neighborhoods. With 30.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.4% 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 Forest Park Southwest neighborhood, 33.8% 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 manufacturing and laborer occupations, with 30.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.5%), and 14.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Forest Park Southwest neighborhood is English, spoken by 70.1% of households. Some people also speak Spanish (29.9%).

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 Forest Park Southwest neighborhood in Forest Park, GA, residents most commonly identify their ethnicity or ancestry as Mexican (21.8%). There are also a number of people of Jamaican ancestry (9.3%), and residents who report Sub-Saharan African roots (8.0%), and some of the residents are also of African ancestry (8.0%), along with some English ancestry residents (1.7%), among others. In addition, 10.6% 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 Forest Park Southwest neighborhood spend under 15 minutes commuting one-way to work (31.4% of working residents), one of the shortest commutes across America.

Here most residents (66.8%) 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 (26.6%) . 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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