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Real Estate Prices & Overview

Foreston Place / The Colonnade median real estate price is $565,376, which is more expensive than 85.0% of the neighborhoods in Georgia and 74.8% of the neighborhoods in the U.S.

The average rental price in Foreston Place / The Colonnade is currently $3,799, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.1% of the neighborhoods in Georgia.

Foreston Place / The Colonnade is a rural neighborhood (based on population density) located in Peachtree City, Georgia.

Foreston Place / The Colonnade 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 Foreston Place / The Colonnade 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.

Home and apartment vacancy rates are 9.6% in Foreston Place / The Colonnade. NeighborhoodScout analysis shows that this rate is lower than 40.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Peachtree City, the Foreston Place / The Colonnade neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Foreston Place / The Colonnade neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 97.9% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Foreston Place / The Colonnade neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Also, if you are planning to retire in Georgia, this neighborhood should be on your must-see list. For many reasons, Foreston Place / The Colonnade may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Georgia, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 96.3% of neighborhoods in GA. If a Georgia retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives.

Real Estate

One way that the Foreston Place / The Colonnade neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.1% 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.

Diversity

Did you know that the Foreston Place / The Colonnade neighborhood has more British and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have British ancestry and 1.2% have Brazilian ancestry.

Foreston Place / The Colonnade is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 95.9% 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 Foreston Place / The Colonnade neighborhood in Peachtree City 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 93.3% 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.

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 Foreston Place / The Colonnade neighborhood, 59.5% 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 21.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.3%), and 4.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Foreston Place / The Colonnade neighborhood is English, spoken by 89.0% of households. Some people also speak Spanish (4.1%).

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 Foreston Place / The Colonnade neighborhood in Peachtree City, GA, residents most commonly identify their ethnicity or ancestry as English (21.3%). There are also a number of people of German ancestry (14.6%), and residents who report Irish roots (11.4%), and some of the residents are also of Italian ancestry (5.7%), along with some Asian ancestry residents (5.6%), among others. In addition, 11.0% 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 Foreston Place / The Colonnade neighborhood spend under 15 minutes commuting one-way to work (35.8% of working residents), one of the shortest commutes across America.

Here most residents (72.3%) 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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