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Real Estate Prices & Overview

Downyshire Dr / Sugarloaf Pkwy median real estate price is $517,026, which is more expensive than 81.4% of the neighborhoods in Georgia and 71.7% of the neighborhoods in the U.S.

The average rental price in Downyshire Dr / Sugarloaf Pkwy is currently $3,110, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.2% of the neighborhoods in Georgia.

Downyshire Dr / Sugarloaf Pkwy is a suburban neighborhood (based on population density) located in Lawrenceville, Georgia.

Downyshire Dr / Sugarloaf Pkwy real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Downyshire Dr / Sugarloaf Pkwy 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.

Downyshire Dr / Sugarloaf Pkwy has a 15.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.1% 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

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 Lawrenceville, the Downyshire Dr / Sugarloaf Pkwy neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

One way that the Downyshire Dr / Sugarloaf Pkwy neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.7% 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.

In addition, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Downyshire Dr / Sugarloaf Pkwy neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.5% of all American neighborhoods.

Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Downyshire Dr / Sugarloaf Pkwy stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 82.1% of the residential real estate here was built in this one time period.

People

A majority of the adults in the Downyshire Dr / Sugarloaf Pkwy 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 98.9% 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 families with school-aged children and urban sophisticates.

Modes of Transportation

In the Downyshire Dr / Sugarloaf Pkwy neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 27.5% 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 97.8% 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.

Diversity

Did you know that the Downyshire Dr / Sugarloaf Pkwy neighborhood has more Sub-Saharan African and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.9% of this neighborhood's residents have Sub-Saharan African ancestry and 30.4% have Asian ancestry.

Downyshire Dr / Sugarloaf Pkwy is also pretty special linguistically. Significantly, 4.6% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 98.5% 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 Downyshire Dr / Sugarloaf Pkwy neighborhood in Lawrenceville are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.1% of the neighborhoods in America. In addition, 3.3% 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 70.8% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Downyshire Dr / Sugarloaf Pkwy neighborhood, 52.9% 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 22.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.6%), and 8.3% 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 Downyshire Dr / Sugarloaf Pkwy neighborhood is English, spoken by 86.5% of households. Other important languages spoken here include Langs. of India, Spanish and African languages.

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 Downyshire Dr / Sugarloaf Pkwy neighborhood in Lawrenceville, GA, residents most commonly identify their ethnicity or ancestry as Asian (30.4%). There are also a number of people of Sub-Saharan African ancestry (13.9%), and residents who report German roots (7.7%), and some of the residents are also of Italian ancestry (6.7%), along with some English ancestry residents (4.7%), among others. In addition, 15.0% 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 Downyshire Dr / Sugarloaf Pkwy neighborhood spend between 15 and 30 minutes commuting one-way to work (37.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.6%) 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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