Per capita is the best measure of the average spending power of each person in the neighborhood. These housing types are not for sale or for rent to the general public but may have a strong influence on the character of the neighborhood. 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. The estimated median household income is $86K. 3=Moderate 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. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work. If you live here, you may find that a number of buildings in your neighborhood are actually empty. 5=Blue Chip. This graph plots how this neighborhood falls on two of the most important and defining dimensions for a neighborhood - educational attainment of adults living in the neighborhood, and household income. Educational Environment: American Community Survey (U.S. Census Bureau). Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle. 5=Very High. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Energy Corridor Southeast neighborhood. Apart from slight fluctuations, property values in the district remain strong. These are people currently active in the military. The only suspect description police provided is that they are two Black men who were last seen wearing dark clothing. Affordable attached properties in the Energy Corridor can start at low list prices around $110K. This highly rated and kid-friendly outdoor waterpark features live performances, a curving lazy river, multiple waterslides, and several fun play areas fit for all ages. 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 Metropolitan Transit Authority of Harris County, Texas (METRO) provides public transportation to the area. It's true! [8] In Texas, management districts are special government entities empowered to levy commercial taxes within their boundaries to support investments in infrastructure, urban planning, district branding and advertising, and public safety. We measure the average annual increase or decrease in household income in the neighborhood over the most recent 5 years. Which area is downright dangerous? These housing types are not for sale or for rent to the general public but may have a strong influence on the character of the neighborhood. Houston, TX (Prestonwood Forest Dr / Cypresswood Dr), Houston, TX (Butte Creek Rd / Elk River Rd). Meanwhile, Interstate 610 is farther east of the neighborhood, and Interstate 69 runs south of the Energy Corridor. 2019, Kristina Morales. Hip and walkable? 8,376,755. WebWestside Division provides police services to Districts 19 and 20, a 68 square mile area with an estimated residential population of 310,000. Ashford, which occupies 570,052 square feet in Houstons Energy Corridor, has registered the most leasing activity in Accessos Houston portfolio since the pandemic. The district is located north of Westchase, another major business district of Houston, and east of Greater Katy. Price advantage score The district straddles a 7-mile (11km) stretch of Interstate 10 (the Katy Freeway) from Kirkwood Road westward to Barker Cypress Road and extends south along Eldridge Parkway to Briar Forest Drive. Once the working day's done, dine your way around local restaurants or peruse the Katy Mills mall or simply relax and cook in your in-suite kitchen. Popular Listings. Per capita is the best measure of the average spending power of each person in the neighborhood. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. We calculate rental price trends as the average annual change in market rent paid in the neighborhood over the latest 5 years. These are the predominate forms of housing in the neighborhood. National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey. Demographics, Crime Trends & Forecast: Reflects 2020 calendar year (latest available). There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. The schools student-teacher ratio is reportedly 16 to 1, and teachers and staff members are highly rated by parents. Copyright 2000-2023 Location Inc. Educational Environment: 2020 (latest available). Jobs score The languages spoken by people in this neighborhood are diverse. 2=Low NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood. Different micro-neighborhoods within a city or town can have drastically different home appreciation rates. Neighborhoods. The latter was built to serve employees of firms in the Energy Corridor. You can find neighborhoods where residents cluster into particular industries, often to be near particular employers or institutions. RATINGS: The Energy Corridor is a business district in Houston, Texas, located on the west side of the metropolitan area between Beltway 8 and the Grand Parkway. We are the only information provider to have this level of search functionality. This district includes 70 campuses, and the Texas Education Agency rates the school system as a recognized district. NeighborhoodScout has developed the first ever nationally comparable school ratings. Scout Visions exclusive Price Advantage Score compares home values per square foot in the neighborhood to other neighborhoods nearby. Only NeighborhoodScout has nationally comparable school ratings that facilitate accurate comparison among schools, school districts, and neighborhoods in the same (or different) cities, and even between schools in different states. The median home value is more stable than the average home value, which can be greatly affected by a few very high or very low home values. Please note: Unemployment data updated November 2022. Know how good the public schools are before you buy a home, invest, or relocate. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. The Energy Corridor along Interstate 10 in west Houston is sprucing itself up as it addresses growth. NeighborhoodScout vividly reveals such differences. Setting, Housing Stock, Homeownership: 2020 (latest available). The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. Test Scores: Edfacts (U.S. Department of Education), State departments of education. A neighborhoods character describes its personality and the feeling one gets when experiencing the neighborhood as a true resident. Location Inc. makes no express or implied warranty and all information and content is provided "As is" without 3=Moderate (Vacant units are counted separately.). Property serve this neighborhood. Based on recent trends, its generally safe to assume that sales prices will steadily increase in the years to come. Raw data sources: Marital status is defined based on the percentage of residents who are 18 and over. Real Estate Value Forecasts & Regional Analysis: Updated Quarterly. Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Nottingham Elementary School: Nottingham Elementary School is a Spring Branch ISD campus within short commuting distance for students living in the Energy Corridor. 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. Here most residents (78.1%) drive alone in a private automobile to get to work. The result? In addition, 35.0% of the residents of this neighborhood were born in another country. Many energy sector companies have major operations in the Energy Corridor, including BP America, Citgo, ConocoPhillips, Nouryon and Shell Oil Company. The data reflect appreciation rates for the micro-neighborhood or neighborhood, not necessarily each individual property in the neighborhood. Suburban: Although not necessarily outside city limits, these neighborhoods have a more generous amount of space per person with densities generally between 1,000 and 5,000 people per square mile. Past Appreciation and existing fundamentals Select your ideal criteria and let Scout do the rest. To give a broad picture of the neighborhoods real estate market, less than 10% of properties in the neighborhood are worth under $112K. Disclaimer The percentage of adults aged 25 and older that have attained a graduate or professional degree above and beyond a 4 year degree, like an MA, MD, JD, MBA or PhD. Furthermore, 95.8% of the real estate in the Energy Corridor Southeast neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. As of February 2023, the average apartment rent in Energy Corridor is $852 for a studio, $1,331 for one bedroom, $1,631 for two bedrooms, and $1,819 for three bedrooms. The share of using each mode of transport is measured as percentage of all working adults. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood. HOUSTON, Texas (KTRK) -- Police are looking for two robbery suspects who came face-to-face with a man in his own driveway, demanding cash as he stepped out of his car. Western areas of the Energy Corridor are serviced by Katy ISD. This captures the true culture and character of locations, economic conditions, and trends. of U.S. neighborhoods. Read Scouts definitions for each Lifestyle. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Crime risk indices are nationally comparable on a 1 100 scale, where 100 means safer than 100% of U.S. neighborhoods. WebECHO's 2020-21 season kicks off at 5:30 p.m. on October 25 at Plazas on the Parkway, 1127 Eldridge Parkway. Water gushes for days with no one stopping it, Couple had 'no respect' dumping close to a church, ABC13 viewer says. Houston ISD campuses are known for having diverse student populations, impressive academic programming, and well-rated staff. Mouse over the descriptions next to the plotted dot for further definition. Disclaimer Test data: Reflects 2018 2019 school year. SCOUTs patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics. A number of residences were also built between 2000 and the present. Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. A neighborhoods character describes its personality and the feeling one gets when experiencing the neighborhood as a true resident. Methodology: 2=Low 4=High 1=Limited Houston, TX (Rogerdale Rd / Meadowglen Ln), Houston, TX (Walnut Bend Ln / Meadowglen Ln), Houston, TX (Meadowglen Ln / S Gessner Rd), Houston, TX (Meadowglen Ln / Briarpark Dr). A condition alert is a condition in the neighborhood that triggers an alert. People have personalities, and so do neighborhoods. Forecasts of potential occurrences or non-occurrences of future conditions and events are inherently uncertain. Updated annually. [4], Browning-Ferris Industries (BFI) had its headquarters in the district until its acquisition by Allied Waste in 2000. Homes include single family houses as well as apartment and condominium units. Rattan Pan Asian Bistro & Wine Bar includes a sleek selection of drinks. Median household income provides the best measure of the budget of the typical family or other non-family household. Its worth noting that the neighborhood contains a large number of rental residences and commercial properties, a factor that heavily influences the local real estate market. Other residents here are employed in clerical, assistant, and tech support occupations (10.4%), and 8.5% in manufacturing and laborer occupations. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations. These two elements more than most others, define a neighborhood and help to create its character. Another NeighborhoodScout exclusive. Occupations are calculated as a percentage of all working adults. Culture is the shared learned behavior of peoples. Did you know that the Energy Corridor East neighborhood has more Armenian and Jamaican ancestry people living in it than nearly any neighborhood in America? Rates the quality of all K-12 public schools that The percentage of housing units in the neighborhood that are occupied by the property owner versus occupied by a tenant. Many of the residences in the Energy Corridor Southeast neighborhood are established but not old, having been built between 1970 and 1999. Our data are designed to capture changes in the value of single-family homes at the state, city, town, neighborhood and even micro-neighborhood level. Read more about Scout's Crime Data. 1=Limited 5=Rising Star. Even larger 5 properties can start around $400K and range into the millions. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you. Updated annually. The grainy footage in the video player above shows a black four-door Charger approaching the victim. Seeing as Houstons tornado index is notably higher than Texass index and the countrys index, this city experiences more tornado activity and damaging winds than many areas nationally. 4=High Methodology: The average nearby price per square foot is based on other locations a short drive away from the neighborhood. Where the two intersect is where the dot is plotted representing this neighborhood. 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. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. The Houston Funplex is less than a 20 minute drive directly south of the Energy Corridor. Another 11.8% of properties in the Energy Corridor vary between $336K-$448K, while about 10% of other properties range over $448K. Select your ideal criteria and let Scout do the rest. Energy industry corporations began moving to west Houston in the 1970s, seeking land for suburban office campuses and proximity to new housing developments. The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. The current real estate vacancy rate here is 25.4%. The best neighborhood for you may not be the best one for someone else.
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