The hottest neighborhood for real estate in Atlanta right now is Peachtree Heights West, located in the northern part of the city, which provides an urban feel. Prices for rentals, as well as homes to buy, are both higher than most every neighborhood throughout the rest of the city. As part of the Buckhead district, Peach Tree Heights enjoys proximity to much of Buckhead’s dining, shopping and attractions, as well as its thriving business district. Its prime location and desirable amenities and attractions make it a pricey neighborhood that sees homes for sale continually rise in price, with little sign of the market cooling off.
The demographics of the Peachtree Heights West neighborhood are comprised of a population of approximately 6,100 residents. The majority of the neighborhood’s residents are female, at 54 percent. A full 83 percent of its denizens are white, with 11 percent African-American, while Asians and Hispanics make up 3 percent and 2 percent, respectively. Forty-two percent of those living in this neighborhood hold a bachelor’s degree, 32 percent have earned a master’s degree or higher, while only 16 percent have some college or an associate degree. Eight percent have finished high school or its equivalent. Age bracket distributions are:
- 65 years or older: 30 percent
- 35 to 44 years of age: 15 percent
- 55 to 64 years old: 12 percent
- 45 to 54 years of age: 11 percent
- 25 to 34 years of age: 11 percent
- 18 to 24 years of age: 9 percent
The median household income for those dwelling in Peachtree Heights West is $114,112, or roughly double the national household median income, as follows:
- 29 percent earn $150,000 or more
- 25 percent earn between $75,000 and $149,000
- 19 percent earn between $45,000 and $74,000
- 15 percent earn between $25,000 and $44,000
- 13 percent earn less than $25,000
Real estate costs in Peachtree Heights West are among the highest in the city of Atlanta. Fifty-nine percent of residents in this neighborhood own their own homes. The median price of houses to buy in this neighborhood is $609,619, several times more than the national median price of $184,700. Forty-four percent of homes in this neighborhood cost in excess of $750,000. Seventeen percent of houses cost between $400,000 and $749,000, 16 percent of the homes for sale are between $100,000 and $199,000 and 16 percent are priced between $200,000 and $399,000. Only 6 percent are priced between $50,000 and $99,000. Homes for $1 million are quite common, with many in the $4 to $6 million range, in addition to a dozen or so high-rise condominiums perched along Peachtree Road.
The median price for rentals in Peachtree Heights West is $1,384 per month. This is roughly $400 higher than the median price for rental properties available throughout the nation. The bulk of properties, 41 percent, cost between $1000 a month and $1,499. Twenty percent cost between $1,500 and $1,999 and 15 percent cost $500 to $999. Those costing under $500 a month and $2,000, and over, represent 13 percent and 11 percent, respectively.
Crime and safety rates in the Peachtree Heights West neighborhood are above average, in terms of favorability with regard to the rest of Atlanta. There are 51 assaults per 100,000 residents, versus the national number of 283 per 100,000. Only 68 robberies per 100,000 (136 national), 102 burglaries (500), 831 thefts (2,043) and 102 motor vehicle thefts (284).
The public schools available to residents are run by the Atlanta Public School (APS) system, which provides several charter schools in addition to Rivers Elementary, Sutton Middle and North Atlanta High School, all of which score high marks in their quality. There is also a variety of private and parochial schools available to those who wish to opt out of the public system.
Being in the Buckhead district, Peachtree Heights West has no shortage of things to do including dining and shopping options. Some venues to consider include:
- Chops Lobster Bar – This fine dining experience brings the ultimate in surf and turf by pairing Maine lobsters with certified Wagyu beef to deliver a culinary experience to be savored and remembered. A variety of staples, such as French Onion Soup, and specialties, such as Tomahawk ribeye steaks, induce mouth-watering dining experiences for all.
- Portofino – This eatery provides exquisite Italian cuisine featuring specialty sauces and ragus not found in the typical mom-and-pop locations, along with a variety of fish and meats that you can pair with fresh salads and sumptuous appetizers.
- Don Antonio by Starita – This pizzeria is taking Atlanta by storm after lighting the New York dining scene afire with its variety of 60 different types of pizza. This gourmet pizza will reinvent what you know as one of America’s favorite foods.
- The Gypsy Kitchen – This eclectic eatery fuses Spanish and Moroccan cuisine, and offers an al fresco experience in which to enjoy it. Drawing upon the many regions of Spain, you may find staple dishes, such as paella, as well as charcuterie and tapas galore, to whet your appetite and tickle your taste buds.
- The Shops Buckhead Atlanta – This upscale collection of boutiques and restaurants offers more than 50 designer shops, featuring luxury brands such as Hermes, Christian Louboutin, Dior, Tom Ford and many others.
- Legoland – This attraction appeals to young and old residents, alike, who have an affinity for the famous building blocks. There are 4D cinemas, interactive rides, building areas where you can work with Lego experts, a build and test area for race cars, and even a pirate ship adventure.
Transportation in Peach Tree Heights West is defined by Peachtree Road. A major artery that courses through the entire Buckhead district, Peachtree Road provides access to everything. However, in a city the size of Atlanta this comes with a fair bit of traffic. Atlanta’s MARTA mass transit system accommodates three stations serving the Buckhead district to take some of the pressure off the surface roads. However, the business district and shopping and entertainment areas are eminently walkable.
The Atlanta Public School system operates the public schools in the area. There is a handful of APS elementary schools available, as well as Sutton Middle and North Atlanta High School, to serve the area. There is also a bevy of private options for those with the means to educate their young ones outside the public school system.
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