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Real Estate Prices & Overview

Lawrenceville Suwanee Rd NW / Elisa Gina Ter median real estate price is $444,497, which is more expensive than 70.4% of the neighborhoods in Georgia and 61.4% of the neighborhoods in the U.S.

The average rental price in Lawrenceville Suwanee Rd NW / Elisa Gina Ter is currently $3,076, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.6% of the neighborhoods in Georgia.

Lawrenceville Suwanee Rd NW / Elisa Gina Ter is a suburban neighborhood (based on population density) located in Lawrenceville, Georgia.

Lawrenceville Suwanee Rd NW / Elisa Gina Ter real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Lawrenceville Suwanee Rd NW / Elisa Gina Ter 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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter, 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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter is very tight compared to the demand for property here.

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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Owner-occupied real estate dominates the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.0% of neighborhoods in America. With a real estate vacancy rate of only 0.0%, the Lawrenceville Suwanee Rd NW / Elisa Gina Ter 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.

In addition, the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 100.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.7% of all neighborhoods in America.

Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Lawrenceville Suwanee Rd NW / Elisa Gina Ter 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, 89.5% of the residential real estate here was built in this one time period.

Also of note, one way that the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.0% 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.

People

Of note is NeighborhoodScout's research finding that the Lawrenceville Suwanee Rd NW / Elisa Gina Ter 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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter community truly stands out from the rest in this regard.

In addition, according to NeighborhoodScout's exclusive analysis, Lawrenceville Suwanee Rd NW / Elisa Gina Ter is among the best neighborhoods for families in Georgia. In fact, this neighborhood is more family-friendly than 96.4% of neighborhoods in the entire state of Georgia. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for college students.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 37.7% of the households here have four, five, or more cars. That is more cars per household than in 97.3% of the neighborhoods in the nation.

Diversity

Did you know that the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood has more South American and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.1% of this neighborhood's residents have South American ancestry and 0.4% have Yugoslav ancestry.

Lawrenceville Suwanee Rd NW / Elisa Gina Ter is also pretty special linguistically. Significantly, 10.1% 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 99.6% 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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood in Lawrenceville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.3% 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.

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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood, 40.1% 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 30.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.5%), and 8.3% in clerical, assistant, and tech support 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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood is English, spoken by 40.4% of households. Other important languages spoken here include Spanish, Korean, African languages and Vietnamese.

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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood in Lawrenceville, GA, residents most commonly identify their ethnicity or ancestry as Asian (16.9%). There are also a number of people of South American ancestry (9.1%), and residents who report German roots (8.0%), and some of the residents are also of Mexican ancestry (7.9%), along with some Sub-Saharan African ancestry residents (4.1%), among others. In addition, 40.2% 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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood spend between 15 and 30 minutes commuting one-way to work (37.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.2%) 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 (19.2%) . 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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