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Real Estate Prices & Overview

Lawrenceville Suwanee Rd NW / Elisa Gina Ter median real estate price is $467,513, which is more expensive than 70.1% of the neighborhoods in Georgia and 61.1% of the neighborhoods in the U.S.

The average rental price in Lawrenceville Suwanee Rd NW / Elisa Gina Ter is currently $3,176, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.7% of the neighborhoods in Georgia.

Lawrenceville Suwanee Rd NW / Elisa Gina Ter is a suburban neighborhood (based on population density) located in Lawrenceville, Georgia.

Lawrenceville Suwanee Rd NW / Elisa Gina Ter real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Lawrenceville Suwanee Rd NW / Elisa Gina Ter 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.

In Lawrenceville Suwanee Rd NW / Elisa Gina Ter, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Lawrenceville Suwanee Rd NW / Elisa Gina Ter is very tight compared to the demand for property here.

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 Lawrenceville, the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Real estate in the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 99.0% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. With a real estate vacancy rate of only 0.0%, the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.7% of all American neighborhoods.

Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Lawrenceville Suwanee Rd NW / Elisa Gina Ter stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 89.5% of the residential real estate here was built in this one time period.

Also of note, one way that the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.0% 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.

People

Of note is NeighborhoodScout's research finding that the Lawrenceville Suwanee Rd NW / Elisa Gina Ter 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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter community truly stands out from the rest in this regard.

In addition, according to NeighborhoodScout's exclusive analysis, Lawrenceville Suwanee Rd NW / Elisa Gina Ter is among the best neighborhoods for families in Georgia. In fact, this neighborhood is more family-friendly than 95.0% of neighborhoods in the entire state of Georgia. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for college students.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 37.7% of the households here have four, five, or more cars. That is more cars per household than in 97.3% of the neighborhoods in the nation.

Diversity

Did you know that the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood has more South American and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.1% of this neighborhood's residents have South American ancestry and 0.4% have Yugoslav ancestry.

Lawrenceville Suwanee Rd NW / Elisa Gina Ter is also pretty special linguistically. Significantly, 10.1% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.

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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood in Lawrenceville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.3% 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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood, 40.1% 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 30.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.5%), and 8.3% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood is English, spoken by 40.4% of households. Other important languages spoken here include Spanish, Korean, African languages and Vietnamese.

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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood in Lawrenceville, GA, residents most commonly identify their ethnicity or ancestry as Asian (16.9%). There are also a number of people of South American ancestry (9.1%), and residents who report German roots (8.0%), and some of the residents are also of Mexican ancestry (7.9%), along with some Sub-Saharan African ancestry residents (4.1%), among others. In addition, 40.2% of the residents of this neighborhood were born in another country.

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 Lawrenceville Suwanee Rd NW / Elisa Gina Ter neighborhood spend between 15 and 30 minutes commuting one-way to work (37.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.2%) 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 (19.2%) . 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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