Midtown Southeast median real estate price is $647,294, which is more expensive than 81.7% of the neighborhoods in Georgia and 73.0% of the neighborhoods in the U.S.
The average rental price in Midtown Southeast is currently $3,057, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.5% of the neighborhoods in Georgia.
Midtown Southeast is a densely urban neighborhood (based on population density) located in Atlanta, Georgia.
Midtown Southeast 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 renter occupied. Many of the residences in the Midtown Southeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Midtown Southeast are 5.5%, which is lower than one will find in 62.8% of American neighborhoods. Demand for real estate in Midtown Southeast 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.
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
Of note is NeighborhoodScout's research finding that the Midtown Southeast neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Midtown Southeast community truly stands out from the rest in this regard.
In addition, the first thing that you'll notice if you moved to this neighborhood is that an astounding 7.7% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.9% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Midtown Southeast neighborhood should definitely be on your list of places to consider.
Also, the rate of college educated adults in the Midtown Southeast neighborhood is a unique characteristic of the neighborhood. 91.7% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.8% of all U.S. neighborhoods.
Finally, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Midtown Southeast neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 96.7% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Midtown Southeast neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.
Modes of Transportation
A unique way of commuting is simply not to. And in the Midtown Southeast neighborhood, analysis shows that 34.1% 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 98.5% 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.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.0% of residents in the Midtown Southeast neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.7% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Real Estate
One of the really unique and interesting things about the look and setting of the Midtown Southeast neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 75.8% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.0% of all neighborhoods in America.
In addition, the Midtown Southeast neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 84.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Occupations
The Midtown Southeast neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.1% of the neighborhoods in America. In fact, 69.4% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
Diversity
Did you know that the Midtown Southeast neighborhood has more Brazilian and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.2% of this neighborhood's residents have Brazilian ancestry and 27.3% have English ancestry.
Midtown Southeast is also pretty special linguistically. Significantly, 2.2% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 96.7% of the neighborhoods in America.
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 Midtown Southeast neighborhood in Atlanta are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.7% 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.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Midtown Southeast neighborhood, 69.4% 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 19.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.5%), and 3.8% in government jobs, whether they are in local, state, or federal positions.
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 Midtown Southeast neighborhood is English, spoken by 87.8% of households. Other important languages spoken here include Chinese and German/Yiddish.
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 Midtown Southeast neighborhood in Atlanta, GA, residents most commonly identify their ethnicity or ancestry as English (27.3%). There are also a number of people of German ancestry (21.1%), and residents who report Italian roots (12.7%), and some of the residents are also of Irish ancestry (12.6%), along with some Asian ancestry residents (7.5%), among others. In addition, 20.1% of the residents of this neighborhood were born in another country.
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 Midtown Southeast neighborhood spend between 15 and 30 minutes commuting one-way to work (43.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (45.5%) 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 (9.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
