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Real Estate Prices & Overview

Ridgedale Park median real estate price is $574,275, which is more expensive than 74.1% of the neighborhoods in Georgia and 66.4% of the neighborhoods in the U.S.

The average rental price in Ridgedale Park is currently $4,102, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.8% of the neighborhoods in Georgia.

Ridgedale Park is a densely urban neighborhood (based on population density) located in Atlanta, Georgia.

Ridgedale 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 townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Ridgedale Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 8.1% in Ridgedale Park. NeighborhoodScout analysis shows that this rate is lower than 47.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

One of the really unique and interesting things about the look and setting of the Ridgedale Park neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 90.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.3% of all neighborhoods in America.

In addition, the Ridgedale 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 89.0% 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.

People

Do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 77.3% of the adults living in the Ridgedale Park neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 97.0% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

In addition, one of the most interesting things about the Ridgedale Park neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 52.8% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.9% of the neighborhoods in America.

Modes of Transportation

A unique way of commuting is simply not to. And in the Ridgedale Park neighborhood, analysis shows that 28.9% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 96.3% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Diversity

Did you know that the Ridgedale Park neighborhood has more Jamaican and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Jamaican ancestry and 0.7% have Belgian ancestry.

Ridgedale Park is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 96.5% 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 Ridgedale Park neighborhood in Atlanta are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.5% of the neighborhoods in America. With 14.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.2% 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 Ridgedale Park neighborhood, 62.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 15.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.0%), and 7.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Ridgedale Park neighborhood is English, spoken by 89.0% of households.

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 Ridgedale Park neighborhood in Atlanta, GA, residents most commonly identify their ethnicity or ancestry as English (13.3%). There are also a number of people of German ancestry (7.3%), and residents who report Asian roots (4.1%), and some of the residents are also of Jamaican ancestry (3.8%), along with some Russian ancestry residents (3.4%), among others. In addition, 13.3% 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 Ridgedale Park neighborhood spend between 15 and 30 minutes commuting one-way to work (40.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (55.9%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (5.5%) . 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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