The address 3242 Peachtree Rd NE is located in the Buckhead neighborhood of Atlanta, Georgia. Buckhead is known for its upscale living, vibrant nightlife, and high-end shopping. The crime rate in Buckhead tends to be lower than in other parts of Atlanta, though it can vary by specific areas within the neighborhood. The school district in Buckhead is generally well-regarded, with several highly-rated public and private schools. Nearby amenities include Lenox Square Mall, Phipps Plaza, and a variety of fine dining options. Parks such as Chastain Park offer recreational opportunities, and there are numerous grocery stores and shops nearby.
The average household income in Buckhead is typically higher than in other parts of Atlanta, reflecting its affluent status. The surrounding neighborhoods like Brookhaven and Midtown also boast a relatively high average income. Buckhead is part of the city of Atlanta, so it is close to the city center, specifically about 6 to 7 miles away, making it convenient for accessing downtown Atlanta's business districts.
Job growth in Buckhead has been strong, driven by a mix of corporate offices, retail, and hospitality sectors. The area is home to numerous businesses and offers a variety of employment opportunities. With its mix of residential and commercial development, Buckhead continues to be a desirable location for both living and working.
Read lessNeighborhood Summary
Nestled in an area known for its diverse lifestyle and vibrant community, this neighborhood offers a blend of modern living and traditional values, providing potential homebuyers with a median home price of $476,000, which is competitive for the region. While the walk and bike scores are not available, indicating a potential reliance on personal vehicles, the neighborhood's charm lies in its economic and social dynamics. With a median household income of $130,793, significantly above the national average, this community is thriving economically. The low poverty rate of 4% further underscores its prosperity, suggesting a stable environment beneficial for families and investors alike.
Despite its financial strengths, the neighborhood presents a unique housing landscape where renters dominate with 62% compared to 28% homeowners. This indicates a vibrant rental market, although the vacancy rate of 10% could suggest opportunities for new developments or renovations. The median contract rent stands at $1,566, reflecting a balance that appeals to both landlords and tenants. Educational attainment is notable, with 38% of residents holding college degrees, supporting a well-educated workforce. The dominant race in the community is white, and married-couple families constitute 31%, hinting at a socially cohesive environment.
Financial health indicators show that 40% of homeowners are without mortgages, a positive sign of stability and investment potential. However, 17% are spending 30% or more of their income on mortgages, which highlights the national concern over housing affordability. The presence of 15% non-US citizens adds a layer of cultural diversity, enhancing the community's dynamic feel. While certain metrics such as the owners-to-renters ratio may not align perfectly with national norms, this neighborhood has its unique advantages.
For those seeking similar price points but more favorable metrics, alternative neighborhoods may offer slightly different compositions, such as lower vacancy rates or higher walkability scores. However, the community's strengths in income levels and low poverty rates may outweigh these considerations for many. Ultimately, this neighborhood provides a robust and appealing option for those looking to invest in a thriving area with a blend of rental and ownership opportunities, ensuring it remains a compelling choice for various demographics.
Median Home Price
Walk Score
Bike Score
Median Household Income
Percent Under Poverty
Median Contract Rent
Owners vs Renters
Vacant Housing Units
Unemployment Rate
College Degree
Dominant Race
Married-Couple Families
Owners Without Morgages
Mortgage ≥ 30% Income
Rent ≥ 30% Income
Non-US Citizens
Frankie Allen Park
0.5 miles
Piedmont Atlanta Hospital
3.2 miles
Whole Foods Market
0.3 miles
Bones Restaurant
0.2 miles
LA Fitness
0.4 miles
Hartsfield-Jackson Atlanta International Airport
17 miles
Sarah Smith Elementary School
1.5 miles
Lenox Square Mall
1 mile
Buckhead MARTA Station
0.8 miles
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Green Flags
Red Flags
Flood Zone
Flood zone information is not available for this property at this time.
Historical Flooding
Historical flood damage records are not available for this property.
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