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Real Estate Prices & Overview

Forest Hill Estates / New Macland Estates median real estate price is $418,558, which is more expensive than 62.5% of the neighborhoods in Georgia and 54.9% of the neighborhoods in the U.S.

The average rental price in Forest Hill Estates / New Macland Estates is currently $2,983, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.4% of the neighborhoods in Georgia.

Forest Hill Estates / New Macland Estates is a suburban neighborhood (based on population density) located in Powder Springs, Georgia.

Forest Hill Estates / New Macland Estates real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Forest Hill Estates / New Macland Estates neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Forest Hill Estates / New Macland Estates, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 87.2% of all neighborhoods in the U.S. This means that the housing supply in Forest Hill Estates / New Macland Estates is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Diversity

Did you know that the Forest Hill Estates / New Macland Estates neighborhood has more Jamaican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.8% of this neighborhood's residents have Jamaican ancestry and 11.0% have Puerto Rican 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 Forest Hill Estates / New Macland Estates neighborhood in Powder Springs are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.8% of the neighborhoods in America. With 25.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.4% 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 Forest Hill Estates / New Macland Estates neighborhood, 49.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (12.4%), and 11.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Forest Hill Estates / New Macland Estates neighborhood is English, spoken by 89.1% of households. Some people also speak Spanish (8.3%).

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 Forest Hill Estates / New Macland Estates neighborhood in Powder Springs, GA, residents most commonly identify their ethnicity or ancestry as English (13.8%). There are also a number of people of Puerto Rican ancestry (11.0%), and residents who report Jamaican roots (6.8%), and some of the residents are also of Irish ancestry (4.5%), along with some French ancestry residents (3.3%), among others.

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 Forest Hill Estates / New Macland Estates neighborhood spend between 45 minutes and one hour commuting one-way to work (29.0% of working residents), longer and tougher than most commutes in America.

Here most residents (69.7%) 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 (12.1%) . 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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