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Real Estate Prices & Overview

Oakley Township / Lester Point median real estate price is $341,494, which is more expensive than 53.0% of the neighborhoods in Georgia and 46.8% of the neighborhoods in the U.S.

The average rental price in Oakley Township / Lester Point is currently $3,649, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.5% of the neighborhoods in Georgia.

Oakley Township / Lester Point is a suburban neighborhood (based on population density) located in South Fulton, Georgia.

Oakley Township / Lester Point real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Oakley Township / Lester Point neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Oakley Township / Lester Point, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 84.2% of all neighborhoods in the U.S. This means that the housing supply in Oakley Township / Lester Point 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.

People

Of note is NeighborhoodScout's research finding that the Oakley Township / Lester Point 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 Oakley Township / Lester Point community truly stands out from the rest in this regard.

In addition, divorcees may find friendship and understanding in this neighborhood, as 24.9% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.0% of the neighborhoods in America.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Oakley Township / Lester Point neighborhood's real estate landscape than 98.4% 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, 86.8% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

In addition, one way that the Oakley Township / Lester Point neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.8% 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.

Diversity

Did you know that the Oakley Township / Lester Point neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.2% of this neighborhood's residents have African ancestry and 24.2% have Sub-Saharan African ancestry.

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 Oakley Township / Lester Point neighborhood in South Fulton are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 65.2% 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 Oakley Township / Lester Point neighborhood, 47.3% 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 32.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.0%), and 8.2% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Oakley Township / Lester Point neighborhood is English, spoken by 98.6% of households.

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 Oakley Township / Lester Point neighborhood in South Fulton, GA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (24.2%). There are also a number of people of African ancestry (24.2%).

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 Oakley Township / Lester Point neighborhood spend between 45 minutes and one hour commuting one-way to work (41.7% of working residents), longer and tougher than most commutes in America.

Here most residents (78.1%) 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.


Real Estate includes:
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Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
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Public School Test Scores
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