The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Gresham Park is a small city located in the state of Georgia. The city has a population of 9,148 inhabitants. Gresham Park has a population density of 3,259 people per square mile. This would be considered well above the national population density level. With a total of 76%, the Black or African American racial group makes up the majority of the population in Gresham Park. The next most represented races are 15% White and 1% Asian. Gresham Park is very likely to be a great place to live for singles as only 37%, of the population (over fifteen) are classified as married. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Gresham Park entails a longer-than-average one-way commute time, averaging 31 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the town before actually living in Gresham Park, Georgia. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like amenities, commute, education, housing, you can easily compare the best places to live in Gresham Park and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Gresham Park to Georgia and the national average.
Using data and statistics Gresham Park has received a livability score of 65 out of 100. This score is ranked in the 62nd percentile when compared to all other cities. For each of the livability categories, we know that Gresham Park ranks very well for cost of living (A+) and employment (B+). Gresham Park does not do well for the following: amenities (F), crime (D) and education (D). It might be a good idea to take a closer look at each category to find out why.
The unemployment rate in Gresham Park has consistently declined over the years and currently stands well below the national average at 2.57%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Gresham Park market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Gresham Park real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Gresham Park. Median real estate prices in Gresham Park come in at $189,400, which is 24.3% higher than the Georgia average. The home price to income ratio compares the median home prices to the median household income. In Gresham Park, the home price to income ratio is 3, which is 0% lower than the Georgia average.
Statistic | Gresham Park | Georgia | National |
Average one way commute | 31min | 28min | 26min |
Workers who drive to work | 74.4% | 79.6% | 76.4% |
Workers who carpool | 6.9% | 10.1% | 9.3% |
Workers who take public transit | 3.7% | 2.1% | 5.1% |
Workers who bicycle | 0.0% | 0.2% | 0.6% |
Workers who walk | 0.0% | 1.6% | 2.8% |
Working from home | 11.2% | 5.1% | 4.6% |