When searching for homes in Carey Park, residents will find that the cost of living is much cheaper in this neighborhood than in many other parts of Atlanta. While the median cost of homes for sale in Carey Park is just $57,600, the cost of rent is around $783. With a population of 2,423 residents, Carey Park is filled primarily with renters rather than buyers. For instance, properties are rented by 85 percent of residents, while only 15 percent of houses are owned.
In Georgia state, the neighborhood of Carey Park provides its residents with the 17th lowest cost of living in comparison to 164 other vicinities in Atlanta. Additionally, the vicinity has the 19th lowest cost of living compared to 156 other vicinities in Fulton County. The perimeter of Carey Park is also said to be one of the best neighborhoods in Atlanta for millennials.
Moreover, vacancy rates in Carey Park are higher than 92.1 percent of other neighborhoods in the U.S. While the vacancy rate in Carey Park is around 26.2 percent, plenty of affordable real estate opportunities are available to residents who wish to move to the area. Incoming residents should be aware that crime rates in the suburbs of Carey Park are slightly higher than that of the U.S. average, as approximately 1,239 assaults, 263 robberies and 488 motor vehicle thefts are recorded annually. Like any neighborhood in a large city, residents must remain aware of their surroundings, lock the doors to their vehicles and homes, and keep their personal belongings secured at all times.
Just outside of the Atlanta Beltline, the neighborhood of Carey Park is made up of 65 percent women and 35 percent men. Additionally, most single family homes are occupied by families with children younger than 10 years of age or residents who are between 25 and 34 years of age. Of the total number of residents in Carey Park:
- 38 percent are children younger than 10 years of age.
- 21 percent are adults between 25 and 34 years of age.
- 12 percent are 65 years of age or older.
- 9 percent are between 10 and 17 years of age.
- 6 percent are between 18 and 24 years of age.
- 6 percent are between 35 and 44 years of age.
- 5 percent are between 45 and 54 years of age.
- 3 percent are between 55 and 64 years of age.
In the suburb of Carey Park, 96 percent of residents are African American and four percent are white. The median household income is $20,625, compared to $55,322 nationally. Additionally, common education levels include a high school diploma or equivalent (at 37 percent), followed by an associate’s degree or some college education (22 percent), less than a high school diploma (22 percent), a bachelor’s degree (12 percent) and a master’s degree (7 percent).
If moving into a multifamily home with a school-aged child, parents can choose from a variety of schools. For instance, several top-rated public schools in the Carey Park area include the Atlanta Neighborhood Charter School (serving elementary-aged and middle school students), the Charles R. Drew Charter School (serving kindergarteners through 12th graders), the Kendezi School, and KIPP Atlanta Collegiate (serving grades nine through 12). Families residing in the suburb of Carey Hill may enroll their child in one of two Kendezi schools, including Kendezi West or Kendezi Old Fourth Ward. Both schools teach kindergarten through eighth grade.
While MARTA (the Metropolitan Atlanta Rapid Transit Authority) is somewhat accessible to Carey Park residents, the vicinity has a total transit score of only 42 out of 100. In comparison, nearby Georgia state neighborhoods such as Dixie Hills received a higher transit score of 50. Since Carey Park’s walk score is 31 and its bike score is just 15, most residents need a vehicle to get around. Moreover, 51.7 percent of residents spend between 15 and 30 minutes commuting each way to work, shorter than that of the national average.
For those who rent properties in Carey Park, attractions favored by locals include Antico-Pizza Napoletana, Yeah Burger, Another Broken Egg Café, Octane Coffee Car and Lounge, and Jim ‘N Nick’s Bar-B-Q of S Cobb Drive. Local retailers include Barnes & Noble Booksellers and The Home Depot. Possible weekend activities may include seeing a movie at the AMC Parkway Pointe 15 or heading over to the Atlanta Beltline to enjoy one of the many available parks and trails.
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