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Real Estate Prices & Overview

Historic Dearing Street / Cobbham median real estate price is $394,775, which is more expensive than 63.4% of the neighborhoods in Georgia and 54.6% of the neighborhoods in the U.S.

The average rental price in Historic Dearing Street / Cobbham is currently $1,741, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.9% 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.

Real estate vacancies in Historic Dearing Street / Cobbham are 4.6%, which is lower than one will find in 69.1% of American neighborhoods. Demand for real estate in Historic Dearing Street / Cobbham is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Modes of Transportation

In the Historic Dearing Street / Cobbham neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 27.3% of residents here. This is a higher proportion of walking commuters than we found in 98.9% of American neighborhoods. Get ready to put on your walking shoes if you move here!

People

An extraordinary 28.6% of the residents of the Historic Dearing Street / Cobbham neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, the Historic Dearing Street / Cobbham neighborhood has a greater percentage of children living in poverty (66.3%) than found in 98.0% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

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 6.8% 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.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Historic Dearing Street / Cobbham neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 41.6% of the real estate here is made up of such dwellings, which is higher than 97.3% of all U.S. neighborhoods.

In addition, 91.9% 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.

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. 63.8% 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 97.2% of U.S. neighborhoods. Less time commuting means more time for other things in life.

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, 1.7% of this neighborhood's residents have Brazilian 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 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 89.8% of U.S. neighborhoods. With 66.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.0% 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 Historic Dearing Street / Cobbham neighborhood, 43.6% 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 35.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.5%), and 6.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Historic Dearing Street / Cobbham neighborhood is English, spoken by 90.4% of households.

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 Historic Dearing Street / Cobbham neighborhood in Athens, GA, residents most commonly identify their ethnicity or ancestry as English (14.6%). There are also a number of people of Irish ancestry (8.6%), and residents who report Italian roots (8.2%), and some of the residents are also of Asian ancestry (4.7%), along with some Sub-Saharan African ancestry residents (4.3%), 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 (63.8% of working residents), one of the shortest commutes across America.

Here most residents (57.6%) 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 (27.3%) and 5.5% of residents also carpool with coworkers, friends, or neighbors 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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