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Real Estate Prices & Overview

Chapel Lake the Summit / Eastwind mayfair median real estate price is $334,383, which is more expensive than 54.5% of the neighborhoods in Georgia and 47.6% of the neighborhoods in the U.S.

The average rental price in Chapel Lake the Summit / Eastwind mayfair is currently $2,927, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.1% of the neighborhoods in Georgia.

Chapel Lake the Summit / Eastwind mayfair is a suburban neighborhood (based on population density) located in Decatur, Georgia.

Chapel Lake the Summit / Eastwind mayfair 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 Chapel Lake the Summit / Eastwind mayfair neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Chapel Lake the Summit / Eastwind mayfair has a 11.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Chapel Lake the Summit / Eastwind mayfair neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 23.5% of its workforce, this neighborhood has a greater concentration of government workers than 99.5% of U.S. neighborhoods.

Diversity

Did you know that the Chapel Lake the Summit / Eastwind mayfair neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.0% of this neighborhood's residents have Jamaican 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 Chapel Lake the Summit / Eastwind mayfair neighborhood in Decatur are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 68.7% of the neighborhoods in America. With 15.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.2% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Chapel Lake the Summit / Eastwind mayfair neighborhood, 44.3% 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 25.0% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (23.5%), and 22.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Chapel Lake the Summit / Eastwind mayfair neighborhood is English, spoken by 99.3% 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 Chapel Lake the Summit / Eastwind mayfair neighborhood in Decatur, GA, residents most commonly identify their ethnicity or ancestry as Jamaican (33.0%). There are also a number of people of Sub-Saharan African ancestry (1.9%), and residents who report African roots (1.9%).

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 Chapel Lake the Summit / Eastwind mayfair neighborhood spend between 30 and 45 minutes commuting one-way to work (34.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (82.9%) 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 (11.1%) . 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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