Table of Content
It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco. 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.
The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The cost of living index for housing estimates the cost of housing in Hidden Hills to be 230.1% of the national average. This makes it one of the most expensive cities in the US.
How do Hidden Hills prices compare to other US cities?
While this may seem like a small percentage, it is higher than 97.9% of the neighborhoods in America. Did you know that the Hidden Hills neighborhood has more Sub-Saharan African and Jamaican ancestry people living in it than nearly any neighborhood in America? In fact, 22.6% of this neighborhood's residents have Sub-Saharan African ancestry and 11.3% have Jamaican ancestry. NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
These are students enrolled in higher education as either undergraduates or graduate students. These are the predominate forms of housing in the neighborhood. Percentages are based on the number of housing units in the neighborhood of each housing type. Hidden Hills is a suburban neighborhood located in Stone Mountain, Georgia.
Stone Mountain, GA (Hidden Hills)
The data reflect appreciation rates for the micro-neighborhood or neighborhood, not necessarily each individual property in the neighborhood. A cost of living calculator helps you to assess how much you will need to make in order to live comfortably in a specific city. It takes into account various expenses that you will make in your daily lives (on housing, food, utilities, transportation, entertainment, etc.) and helps you determine a livable salary. The prices of goods and services vary in different cities, and hence having a cost of living index or calculator can make the decision to move easier by allowing you to directly compare one city with another.
Where the two intersect is where the dot is plotted representing this neighborhood. Mouse over the descriptions next to the plotted dot for further definition. The average annual change in the vacancy rate in the neighborhood during the latest five years. Trend is based on the percentage of properties that are vacant year round. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures.
Median Household Income
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. In Hidden Hills, the current vacancy rate is 2.1%, which is a lower rate of vacancies than 87.3% of all neighborhoods in the U.S.
It is located next to Calabasas, Woodland Hills, and West Hills. The city is a gated community with about 1,850 residents. The average selling price of Hidden Hills homes are in 2022 is $5,825,000. The median household income in a city certainly helps gauge the cost of living. The median household income in Hidden Hills is $250,001, which is 232% more than that of the state. The median income for an individual is $111,964, which is 204% more than that of the state.
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you. Our top-rated real estate agents in Hidden Hills are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Hidden Hills. Redfin has a local office at 1900 West University Drive, Suite 205, Tempe, AZ 85281.
We measure the average annual increase or decrease in household income in the neighborhood over the most recent 5 years. Average market rent is exclusively developed by NeighborhoodScout. It reveals the average monthly rent paid for market rate apartments and rental homes in the neighborhood, excluding public housing.
The neighbors in the Hidden Hills neighborhood in Stone Mountain are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.7% of the neighborhoods in America. With 25.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.2% of U.S. neighborhoods. The average rental price in Hidden Hills is currently $1,990, based on NeighborhoodScout's exclusive analysis.
According to C2ER , the cost of living in Hidden Hills is estimated to be 146.6% of the national average making it one of the more expensive cities in the US. SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research. The Scout Vision® Regional 1 and 2 Year Growth Trends are a set of exclusive assessments of important conditions which influence a region’s housing market, prices, security, and economic outlook. We measure the average annual increase or decrease in per capita income in the neighborhood over the most recent 5 years.
Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright.
It is well known that the quality of education provided by public schools varies greatly from school district to school district, and from city to city. Still further, the quality of a child's education can vary significantly from neighborhood to neighborhood within any city or town. The amount of time spent commuting tells a lot about a neighborhood’s access to jobs and the degree of congestion in the area. The time is calculated for all residents working outside the home. Gross rental yield is based on average market rents paid for a unit with the same number of bedrooms as the median owner occupied home.
Hidden Hills Housing Market Trends
However, this average takes into account both metro and suburban areas. So, the costs may go up or down depending on which neighborhood you eventually decide to stay. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity.
No comments:
Post a Comment