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Real Estate Prices & Overview

Ormewood Park / Glenwood Park median real estate price is $621,483, which is more expensive than 85.4% of the neighborhoods in Georgia and 75.1% of the neighborhoods in the U.S.

The average rental price in Ormewood Park / Glenwood Park is currently $3,355, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.9% of the neighborhoods in Georgia.

Ormewood Park / Glenwood Park is an urban neighborhood (based on population density) located in Atlanta, Georgia.

Ormewood Park / Glenwood Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Ormewood Park / Glenwood Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

Real estate vacancies in Ormewood Park / Glenwood Park are 3.4%, which is lower than one will find in 77.2% of American neighborhoods. Demand for real estate in Ormewood Park / Glenwood Park 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

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.

People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Ormewood Park / Glenwood Park neighborhood is wealthier than 95.9% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Ormewood Park / Glenwood Park also has one of the lowest ratings of child poverty in the nation.

In addition, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Ormewood Park / Glenwood Park neighborhood: a neighborhood in which more "urban sophisticates" live than 98.5% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for college students.

Also, ormewood Park / Glenwood Park has the amazing distinction of housing more same sex couples living together than 98.2% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Finally, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 78.7% of the adults living in the Ormewood Park / Glenwood Park neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 97.4% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Modes of Transportation

A unique way of commuting is simply not to. And in the Ormewood Park / Glenwood Park neighborhood, analysis shows that 40.8% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 99.6% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Occupations

Executives, managers and professionals make up 74.6% of the workforce in the Ormewood Park / Glenwood Park neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.6% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Diversity

Did you know that the Ormewood Park / Glenwood Park neighborhood has more British and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have British ancestry and 1.7% have Eastern European 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 Ormewood Park / Glenwood Park neighborhood in Atlanta are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 95.9% 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Ormewood Park / Glenwood Park neighborhood, 74.6% 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 11.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.9%), and 6.7% in manufacturing and laborer occupations.

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 Ormewood Park / Glenwood Park neighborhood is English, spoken by 90.4% of households. Other important languages spoken here include Spanish and Polish.

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 Ormewood Park / Glenwood Park neighborhood in Atlanta, GA, residents most commonly identify their ethnicity or ancestry as English (15.9%). There are also a number of people of Asian ancestry (11.1%), and residents who report German roots (9.3%), and some of the residents are also of Irish ancestry (9.3%), along with some French ancestry residents (3.6%), among others.

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 Ormewood Park / Glenwood Park neighborhood spend between 15 and 30 minutes commuting one-way to work (35.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (50.3%) 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.


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