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Real Estate Prices & Overview

Sylvan Terrace / Medical Arts median real estate price is $355,513, which is more expensive than 57.4% of the neighborhoods in Georgia and 49.6% of the neighborhoods in the U.S.

The average rental price in Sylvan Terrace / Medical Arts is currently $2,375, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.3% of Georgia neighborhoods.

Sylvan Terrace / Medical Arts is a suburban neighborhood (based on population density) located in Savannah, Georgia.

Sylvan Terrace / Medical Arts real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Sylvan Terrace / Medical Arts neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Sylvan Terrace / Medical Arts has a 11.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.6% 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 Savannah, the Sylvan Terrace / Medical Arts neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

With a nice mix of college students, safety from crime, and decent walkability, the Sylvan Terrace / Medical Arts neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.2% of the neighborhoods in GA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

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 Sylvan Terrace / Medical Arts neighborhood in Savannah are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.0% of U.S. neighborhoods. In addition, 3.8% 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 68.8% 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 Sylvan Terrace / Medical Arts neighborhood, 44.7% 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 31.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.4%), and 8.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Sylvan Terrace / Medical Arts neighborhood is English, spoken by 92.0% of households. Some people also speak Spanish (7.2%).

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 Sylvan Terrace / Medical Arts neighborhood in Savannah, GA, residents most commonly identify their ethnicity or ancestry as Irish (11.8%). There are also a number of people of English ancestry (8.5%), and residents who report German roots (8.5%), and some of the residents are also of Italian ancestry (2.6%), along with some Sub-Saharan African ancestry residents (2.6%), among others.

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 Sylvan Terrace / Medical Arts neighborhood spend under 15 minutes commuting one-way to work (43.0% of working residents), one of the shortest commutes across America.

Here most residents (64.8%) 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 (14.0%) . 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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