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Real Estate Prices & Overview

Historic Dearing Street / Cobbham median real estate price is $410,004, which is more expensive than 63.8% of the neighborhoods in Georgia and 55.2% of the neighborhoods in the U.S.

The average rental price in Historic Dearing Street / Cobbham is currently $1,861, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.9% of Georgia neighborhoods.

Historic Dearing Street / Cobbham is an urban neighborhood (based on population density) located in Athens, Georgia.

Historic Dearing Street / Cobbham 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 Historic Dearing Street / Cobbham neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Home and apartment vacancy rates are 6.2% in Historic Dearing Street / Cobbham. NeighborhoodScout analysis shows that this rate is lower than 57.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Athens, the Historic Dearing Street / Cobbham neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Historic Dearing Street / Cobbham 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 Historic Dearing Street / Cobbham community truly stands out from the rest in this regard.

In addition, neighborhoodScout's analysis shows that the Historic Dearing Street / Cobbham neighborhood has a greater concentration of residents currently enrolled in college than 98.9% of the neighborhoods in the U.S. With 37.5% of the population here attending college, this is very much a college-focused neighborhood.

Also, the Historic Dearing Street / Cobbham neighborhood stands out within Georgia for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 6.6% of college-friendly places to live in GA. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for young, single professionals.

Modes of Transportation

More people in Historic Dearing Street / Cobbham choose to walk to work each day (25.8%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Historic Dearing Street / Cobbham neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 65.9% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

91.0% of the real estate in the Historic Dearing Street / Cobbham neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the Historic Dearing Street / Cobbham 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 84.7% 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 Historic Dearing Street / Cobbham neighborhood has more Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Brazilian ancestry.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Historic Dearing Street / Cobbham neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Historic Dearing Street / Cobbham neighborhood in Athens are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.9% 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.

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 Historic Dearing Street / Cobbham neighborhood, 50.8% 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 34.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.4%), and 5.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Historic Dearing Street / Cobbham neighborhood is English, spoken by 85.6% of households. Some people also speak Spanish (5.7%).

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 Historic Dearing Street / Cobbham neighborhood in Athens, GA, residents most commonly identify their ethnicity or ancestry as English (14.2%). There are also a number of people of Italian ancestry (14.0%), and residents who report Irish roots (9.1%), and some of the residents are also of German ancestry (5.9%), along with some Asian ancestry residents (5.8%), among others.

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 Historic Dearing Street / Cobbham neighborhood spend under 15 minutes commuting one-way to work (65.9% of working residents), one of the shortest commutes across America.

Here most residents (54.3%) 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 (25.8%) and 8.3% 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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