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Real Estate Prices & Overview

Roman Point Dr / Silver Lake Dr median real estate price is $252,769, which is more expensive than 35.5% of the neighborhoods in Georgia and 32.4% of the neighborhoods in the U.S.

The average rental price in Roman Point Dr / Silver Lake Dr is currently $2,536, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.3% of the neighborhoods in Georgia.

Roman Point Dr / Silver Lake Dr is an urban neighborhood (based on population density) located in Norcross, Georgia.

Roman Point Dr / Silver Lake Dr real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Roman Point Dr / Silver Lake Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Roman Point Dr / Silver Lake Dr, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 82.6% of all neighborhoods in the U.S. This means that the housing supply in Roman Point Dr / Silver Lake Dr is very tight compared to the demand for property here.

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.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Roman Point Dr / Silver Lake Dr neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.5% of all American neighborhoods.

Modes of Transportation

Our research shows that more people carpool to work here in the Roman Point Dr / Silver Lake Dr (27.0%) than in 98.0% of the neighborhoods in America.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Roman Point Dr / Silver Lake Dr stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 86.5% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Roman Point Dr / Silver Lake Dr neighborhood has more British and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have British ancestry and 12.9% have Sub-Saharan African ancestry.

Roman Point Dr / Silver Lake Dr is also pretty special linguistically. Significantly, 0.5% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 97.9% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Roman Point Dr / Silver Lake Dr neighborhood in Norcross are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.1% of U.S. neighborhoods. With 42.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.7% of U.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 Roman Point Dr / Silver Lake Dr neighborhood, 44.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 30.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.1%), and 8.1% in executive, management, and professional 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 Roman Point Dr / Silver Lake Dr neighborhood is Spanish, spoken by 59.0% of households. Other important languages spoken here include English and Vietnamese.

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 Roman Point Dr / Silver Lake Dr neighborhood in Norcross, GA, residents most commonly identify their ethnicity or ancestry as Mexican (36.1%). There are also a number of people of Sub-Saharan African ancestry (12.9%), and residents who report Asian roots (4.6%), and some of the residents are also of British ancestry (3.1%), along with some English ancestry residents (2.8%), among others. In addition, 35.4% of the residents of this neighborhood were born in another country.

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 Roman Point Dr / Silver Lake Dr neighborhood spend between 30 and 45 minutes commuting one-way to work (32.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (62.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (27.0%) . 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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