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Real Estate Prices & Overview

Pomona Park median real estate price is $350,016, which is more expensive than 59.2% of the neighborhoods in Georgia and 51.0% of the neighborhoods in the U.S.

The average rental price in Pomona Park is currently $1,567, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.3% of Georgia neighborhoods.

Pomona Park is a suburban neighborhood (based on population density) located in Atlanta, Georgia.

Pomona Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Pomona Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Pomona Park has a 11.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.6% 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 Atlanta, the Pomona Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Pomona Park neighborhood stands out for having an average per capita income lower than 99.0% of the neighborhoods in the United States. Also of note is NeighborhoodScout's research finding that the Pomona Park 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 Pomona Park community truly stands out from the rest in this regard.

In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 59.7%. This is a higher percent living alone than we found in 98.8% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Pomona Park neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 34.6% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 100.0% of all neighborhoods in America.

Occupations

There are more people living in the Pomona Park neighborhood employed as sales and service workers (43.6%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 37.3% of the Pomona Park neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.6% of America's neighborhoods.

Also, our research revealed that more commuters here take the bus to work (13.9% ride the bus) than 96.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

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 Pomona Park neighborhood have a highly unusual car ownership. 44.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.4% of U.S. neighborhoods.

Real Estate

Renter-occupied real estate is dominant in the Pomona Park neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.1%, which is higher than 98.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, the Pomona Park neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Diversity

Did you know that the Pomona Park neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.7% of this neighborhood's residents have Sub-Saharan African ancestry and 13.6% have African 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 Pomona Park neighborhood in Atlanta are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.0% of U.S. neighborhoods. 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Pomona Park neighborhood, 56.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 21.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.1%), and 6.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the Pomona Park neighborhood is English, spoken by 88.1% of households. Some people also speak Spanish (2.2%).

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 Pomona Park neighborhood in Atlanta, GA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (31.7%). There are also a number of people of African ancestry (13.6%), and residents who report Scots-Irish roots (1.2%), and some of the residents are also of Dutch ancestry (1.2%).

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 Pomona Park neighborhood spend longer than one hour commuting one-way to work (34.6% of working residents), one of the longer commutes in America, which is a potential downside for residents of this neighborhood.

Here most residents (43.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (37.3%) and 13.9% of residents also ride the bus for their daily commute. 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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