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Real Estate Prices & Overview

Emerald Ridge / Addison Park median real estate price is $391,105, which is more expensive than 86.1% of the neighborhoods in Alabama and 53.8% of the neighborhoods in the U.S.

The average rental price in Emerald Ridge / Addison Park is currently $2,133, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.9% of the neighborhoods in Alabama.

Emerald Ridge / Addison Park is a rural neighborhood (based on population density) located in Huntsville, Alabama.

Emerald Ridge / Addison Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Emerald Ridge / Addison Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Emerald Ridge / Addison Park are 4.7%, which is lower than one will find in 68.5% of American neighborhoods. Demand for real estate in Emerald Ridge / Addison Park 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 Huntsville, the Emerald Ridge / Addison Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the really interesting characteristics about the Emerald Ridge / Addison Park neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.5% of college-friendly places to live in the state of Alabama. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for active retirees.

In addition, an extraordinary 20.9% of the residents of the Emerald Ridge / Addison Park neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Emerald Ridge / Addison Park neighborhood's real estate landscape than 95.7% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 69.1% of the residential real estate here is classified as newer.

Diversity

Did you know that the Emerald Ridge / Addison Park neighborhood has more Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Finnish ancestry.

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 Emerald Ridge / Addison Park neighborhood in Huntsville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.8% of the neighborhoods in America. With 20.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.2% 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 Emerald Ridge / Addison Park neighborhood, 52.3% 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 21.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.3%), and 11.8% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Emerald Ridge / Addison Park neighborhood is English, spoken by 93.6% of households. Some people also speak Spanish (3.8%).

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 Emerald Ridge / Addison Park neighborhood in Huntsville, AL, residents most commonly identify their ethnicity or ancestry as German (10.9%). There are also a number of people of English ancestry (6.5%), and residents who report Irish roots (6.1%), and some of the residents are also of French ancestry (4.0%), along with some Italian ancestry residents (4.0%), 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 Emerald Ridge / Addison Park neighborhood spend between 15 and 30 minutes commuting one-way to work (43.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (82.7%) 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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Schools include:
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