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Real Estate Prices & Overview

Lawrenceville Suwanee Rd NW / River Overlook Dr NW median real estate price is $433,543, which is more expensive than 69.6% of the neighborhoods in Georgia and 60.0% of the neighborhoods in the U.S.

The average rental price in Lawrenceville Suwanee Rd NW / River Overlook Dr NW is currently $2,538, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.5% of the neighborhoods in Georgia.

Lawrenceville Suwanee Rd NW / River Overlook Dr NW is a suburban neighborhood (based on population density) located in Lawrenceville, Georgia.

Lawrenceville Suwanee Rd NW / River Overlook Dr NW 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lawrenceville Suwanee Rd NW / River Overlook Dr NW 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 / River Overlook Dr NW, the current vacancy rate is 1.2%, which is a lower rate of vacancies than 90.6% of all neighborhoods in the U.S. This means that the housing supply in Lawrenceville Suwanee Rd NW / River Overlook Dr NW is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

The real estate in the Lawrenceville Suwanee Rd NW / River Overlook Dr NW neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 75.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.0% of American neighborhoods.

In addition, 85.7% of the real estate in the Lawrenceville Suwanee Rd NW / River Overlook Dr NW neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

People

The Lawrenceville Suwanee Rd NW / River Overlook Dr NW 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 6.0% of college-friendly places to live in GA.

Diversity

Did you know that the Lawrenceville Suwanee Rd NW / River Overlook Dr NW neighborhood has more Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Arab ancestry.

Lawrenceville Suwanee Rd NW / River Overlook Dr NW is also pretty special linguistically. Significantly, 2.3% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.

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 Lawrenceville Suwanee Rd NW / River Overlook Dr NW neighborhood in Lawrenceville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.2% of U.S. neighborhoods. With 29.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.0% 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 Lawrenceville Suwanee Rd NW / River Overlook Dr NW neighborhood, 33.6% 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 27.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.4%), and 18.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 / River Overlook Dr NW neighborhood is English, spoken by 58.6% of households. Other important languages spoken here include Spanish, Vietnamese and Urdu (the national language of Pakistan).

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 Lawrenceville Suwanee Rd NW / River Overlook Dr NW neighborhood in Lawrenceville, GA, residents most commonly identify their ethnicity or ancestry as Asian (19.9%). There are also a number of people of Sub-Saharan African ancestry (9.8%), and residents who report English roots (6.1%), and some of the residents are also of Mexican ancestry (6.0%), along with some South American ancestry residents (4.9%), among others. In addition, 34.0% 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 / River Overlook Dr NW neighborhood spend between 15 and 30 minutes commuting one-way to work (30.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.7%) 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 (12.7%) . 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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