4=Advantage The Scout Vision Regional Housing Affordability Index is the ratio of the years of median household income in the region, to the median house value in the region. 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. We Hate Fake Questions As Much As You Do! Know how good the public schools are before you buy a home, invest, or relocate. What we choose to do for a living reflects who we are. To give a broad picture of the neighborhoods real estate market, less than 10% of properties in the neighborhood are worth under $112K. Please note: Unemployment data updated November 2022. 2=Low Location Inc. makes no express or implied warranty and all information and content is provided "As is" without The local job market and economy is understandably well-rated, and because the neighborhood includes many employment opportunities, a large portion of residents have exceedingly short commutes. 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. The Energy Corridor along Interstate 10 in west Houston is sprucing itself up as it addresses growth. Marital status is defined based on the percentage of residents who are 18 and over. 47% of residences have 3 bedrooms, and 30% of properties have 4 bedrooms, which indicates that 6% of other housing options have 5 or more bedrooms. Even if your neighborhood is walkable, you may still have to drive to your place of work. Very low values may represent insularity to outsiders. The time is calculated for all residents working outside the home. 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. Forecasts of potential occurrences or non-occurrences of future conditions and events are inherently uncertain. Also, the estimated odds of experiencing a crime here are 1 in 34. Your inquiry has been submitted successfully. Occupations are calculated as a percentage of all working adults. 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. Updated annually. Crime, My Chances of Becoming a Victim of a A reported 56% of students at this campus qualify for free or reduced lunches. Restaurants in the Energy Corridor are extremely varied. SCOUTs patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. The length of the bars indicate the percentage of neighborhoods in America that this neighborhood is more Urbane than, more Hip than, more Quiet than, more Nautical than, more Walkable than. Location Inc. further disclaims any liability for damages, loss, or injury The Houston Funplex offers a variety of live shows, classic carnival attractions, a bowling alley, an arcade section, and a themed roller skating rink. 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. SCOUTs patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. Students at this school perform well on state standardized tests, and the campus also offers a gifted and talented program. 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. [40], Houston ISD residents are zoned to Ray K. Daily Elementary School,[41] West Briar Middle School (with Revere Middle School, a STEM Magnet, as an option),[42] and Westside High School. Bear Creek Pioneers Park borders the neighborhood to the north, so commuting to this expansive location is a short and easy undertaking for Energy Corridor residents. The average effective real estate tax rate is based on the median real estate taxes paid in the neighborhood, as a percentage of the median home value in the neighborhood. 42% of the Energy Corridor housing options are owner-occupied properties, and 58% are rented residences. The average nearby price per square foot is based on other locations a short drive away from the neighborhood. 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. Interstate 10 runs directly through the Energy Corridor, the neighborhood is also bisected by S Texas 6. Violent 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. Expenditures: National Center for Education Statistics. Our data are built upon median house values per square foot in each neighborhood. NeighborhoodScout uses the official government designation for neighborhoods - the census tract. Larger 4 bedroom family homes in the neighborhood can have low list prices around $320K, but the majority of prices will be over the $350K mark. Median household income provides the best measure of the budget of the typical family or other non-family household. RATINGS: 2=Below Average Two general aviation airports serve the Energy Corridor: West Houston Airport, near Addicks Reservoir, and Houston Executive Airport in unincorporated Waller County. The latter was built to serve employees of firms in the Energy Corridor. Line 75, originally known as the Energy Corridor Connector, operates during weekdays. 4=High During the same time frame, the neighborhoods price per square foot increased 230%. Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. 77082 3=Moderate These are the most common groups that neighborhood residents self- report as their ancestry. Places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Rates the quality of all K-12 public schools that 5=Blue Chip. NeighborhoodScout has calculated and provides home appreciation rates as a percentage change in the resale value of existing homes in that city, town, neighborhood or micro-neighborhood over the latest quarter, the last year, 2-years, 5-years, 10-years, and even from 2000 to present. The search engine finds the neighborhoods that are the optimum fit to the set of criteria you choose. From there, condominiums are the third most common property type in the neighborhood. Houston Police Department homicide investigators arrived at the scene around 7 p.m. in the 1000 block of Highway 6 near Interstate 10. Based on recent trends, its generally safe to assume that sales prices will steadily increase in the years to come. Students in eastern sections of the neighborhood are directed to Spring Branch ISD schools. Each is on a scale from 0 to 100. [1] The Energy Corridor contains over 26million square feet (2,400,000m2) of office space, with an employment capacity of over 105,000.[1]. The Energy Corridor is home to over 22,000 residents. Copyright 2023 KTRK-TV. This The United States Army Corps of Engineers was forced to maximize discharge out of the reservoirs into Buffalo Bayou to protect the structural integrity of the dams, causing extensive downstream flooding of residential and commercial areas throughout the district, particularly along the Eldridge Parkway corridor. Each report provides detailed information on school district quality for every neighborhood in the country and specific school attendance patterns for over 85% of U.S. neighborhoods. Where the two intersect is where the dot is plotted representing this neighborhood. Read more. The percent of all current neighborhood residents who were not living in the same house one year ago. Our data are built upon median house values per square foot in each neighborhood. The district straddles a 7-mile (11 km) 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. Urban: Generally between 5,000 and 10,000 people per square mile, these are full built up places although not among the most dense in the country. Methodology: The measure is defined as the number of vehicles registered per household, as a percentage of all households in the neighborhood. List prices in the Energy Corridor have increased approximately 40% between January 2010 and January 2020. This campus has excellent extracurricular activities, a gifted and talented program, and notably qualified teachers. WebECHO's 2020-21 season kicks off at 5:30 p.m. on October 25 at Plazas on the Parkway, 1127 Eldridge Parkway. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. The 3 year appreciation forecast for each region is classified into 1 - 5 categories based on how this regions forecast 3 year performance compares to the real estate appreciation rates experienced in all regions nationwide for every 3 year period since 1999. Houston performance or prediction of real estate values. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. There are also a number of people of Sub-Saharan African ancestry (11.9%), and residents who report Asian roots (11.7%), and some of the residents are also of Irish ancestry (4.7%), along with some South American ancestry residents (4.1%), among others. Income is measured either on a per capita basis or median household income. Occupations are calculated as a percentage of all working adults. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of Pappys Cafe, Pecan Creek Grill, and Freddys Cafe are a few other favorites. 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. Home Values, Rents: Reflects Q3 2022. Median household income provides the best measure of the budget of the typical family or other non-family household. generated by a Location Inc. product or services is, or should be relied upon as, a promise or representation as to the future The Energy Corridor is intersected by Terry Hershey Park, a linear park which runs east to west along Buffalo Bayou from Beltway 8 to Barker Reservoir. 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. Raw data sources: The neighbors in the Energy Corridor Southeast neighborhood in Houston are lower-middle income, making it a below average income neighborhood. Home and apartment vacancy rates are 7.2% in Energy Corridor Southeast. Affordable attached properties in the Energy Corridor can start at low list prices around $110K. 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. This nearby school has many impressive qualities and educates around 2,150 students. 2=Disadvantage Terms of Use. Nottingham Elementary School: Nottingham Elementary School is a Spring Branch ISD campus within short commuting distance for students living in the Energy Corridor. Utility payments are not included. This bike trail is located in a well-maintained park that also features seating areas and waterfront activities. Our data are calculated and updated every three months for each geography, approximately two months after the end of the previous quarter. With 95.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic. Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. We analyze school test performance for all schools that serve this location, and calculate the average annual increase or decrease in the school performance index, based on the percentage of students testing proficient or advanced in standardized testing. Rattan Pan Asian Bistro & Wine Bar includes a sleek selection of drinks. 1=Limited Neighborhoods. 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. Updated annually. 50% of households earn over $75K annually, while 35% earn between $25K-$75K annually. Average market rent is exclusively developed by NeighborhoodScout. The victim told police that the suspects pulled up to the front of his driveway and got out of the Charger, with one of the suspects pointing a handgun at him. any warranties of any kind. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you. What are the risks of violent crime here? Densely Urban: With densities above 10,000 people per square mile these are some of the densest neighborhoods in the nation. They may live on campus or in off campus housing. The Energy Corridor falls within the boundaries of 3 separate school districts: Houston Independent School District, Katy Independent School District, and Spring Branch Independent School District. Students living in the southern section of the neighborhood are directed to attend Houston ISD schools. Roughly 60% of the neighborhoods residences were constructed between 1970-1999, and about 33% of housing options were built in or after 2000. In the Energy Corridor Southeast neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.5% of U.S. Energy Corridor Southeast median real estate price is $457,783, which is more expensive than 81.5% of the neighborhoods in Texas and 68.5% of the Over 1,000 students are enrolled in this campus, and state test scores show that 89% of students are proficient in math, while 83% are proficient in reading. NeighborhoodScout analysis shows that this rate is lower than 55.4% of the neighborhoods in the nation, approximately near the middle range for vacancies. These are lakes large enough to include recreation and scenic areas. That said, its more common for smaller condominiums in the area to be priced around the $160K mark. Per capita is the best measure of the average spending power of each person in the neighborhood. 2=Disadvantage These are people currently active in the military. Conforming refers to a mortgage that both meets the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't exceed the conforming loan limit, a figure linked to an index published by the Federal Housing Finance Board. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Energy Corridor East is a suburban neighborhood (based on population density) located in Houston, Texas. Significantly, 13.4% of its residents five years old and above primarily speak African languages at home. Is the risk of home break-ins or other property crimes increasing? [5][6], In 2001, the Texas Legislature created the 1,700-acre (2.7sqmi)[7] Energy Corridor Management District. Lupe Tortilla is a favored Tex-Mex establishment with highly recommended margaritas, while BBs Tex-Orleans specializes in Cajun dishes. The latter was built to serve employees of firms in the Energy Corridor. The Regional Housing Affordability Index is reassessed and recalculated annually. In fact, our nationally comparable school ratings are patented. Crime, Price advantage over surrounding neighborhoods, Houston-The Woodlands-Sugar Land, TX Metro Area regional investment potential. The average monthly cost of a studio apartment in the Energy Corridor sits at $1,050. Jobs score The amount of time spent commuting tells a lot about a neighborhoods access to jobs and the degree of congestion in the area. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. 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. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Energy Corridor Southeast neighborhood. Water gushes for days with no one stopping it, Couple had 'no respect' dumping close to a church, ABC13 viewer says. Conforming refers to a mortgage that both meets the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't exceed the conforming loan limit, a figure linked to an index published by the Federal Housing Finance Board. Reflects 2021 calendar year; released from FBI in Oct. 2022 (latest available). 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? Two general aviation airports serve the Energy Corridor: West Houston Airport, near Addicks Reservoir, and Houston Executive Airport in unincorporated Waller County. The district is located along Interstate 10 from Barker Cyprus to Kirkwood Road and continues south along the Eldridge Parkway to Briar Forest. Developed by industry veterans and PhD geographers, Scout Vision uniquely solves for risk by forecasting home values with unprecedented geographic granularity and predictive accuracy: NeighborhoodScout reveals the home value trends and appreciation rates for every state, city, town, neighborhood, and micro-neighborhood in America. Local restaurants and nightlife venues are highly rated, and theres a nearby establishment to fit just about any taste. results may differ materially from what is predicted in any information provided by Location Inc. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.8%) and 6.3% of residents also ride the bus for their daily commute. It takes less than 20 minutes to reach Sugar Land by car from the neighborhood, and it also takes about 20 minutes to commute to Downtown Houston. 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 Houston Funplex is less than a 20 minute drive directly south of the Energy Corridor. We used Geographic Information Science to create a population surface for the entire United States, and then sum the population 5 years ago, and today within 8 different distances from the subject location, ranging from mile up to 50 miles. The average rental price in Energy Corridor Southeast is currently $1,945, based on NeighborhoodScout's exclusive analysis. These are students enrolled in higher education as either undergraduates or graduate students. (We are not able to include same-sex marriages here because of data limitations. Newly constructed properties with 3 bedroom layouts can start at lows around $360K, while recently built 4 bedroom properties may be found for around $520K and up. Another 11.8% of properties in the Energy Corridor vary between $336K-$448K, while about 10% of other properties range over $448K. The estimated median household income is $86K. 3 bedroom detached properties in the Energy Corridor can be expected to start around $220K and range upward to around $300K. Other important languages spoken here include Spanish, Portuguese, African languages and Langs. Seeing as the national property crime rate per 100K people is 2,200, this neighborhoods rate of 2,602 is notably less favorable. Questions? In fact, the neighborhood is the second largest employment center in the region. Your Application Has Been Submitted Successfully! The result? In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. They may live on base or off base. [52], In 2015 Energy Corridor Cricket, a children's cricket club, was established. This outstanding middle school has an excellent reputation, impeccable academic standing, and a diverse student population. How are the neighborhoods in this area: 12322 Shadowpoint Dr Houston, TX 77082 I am a small town girl and am curious about safety of the neighborhoods Moving to Scout Visions exclusive Price Advantage Score compares home values per square foot in the neighborhood to other neighborhoods nearby. 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. We show both the cumulative appreciation rate, and the average annual appreciation rate for each time period (e.g., last 5-years: 84% total appreciation, Avg. 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. Crime, My Chances of Becoming a Victim of a Only NeighborhoodScout gives you nationally comparable school rankings based on test scores, so you can directly compare the quality of schools in any location. Houston, TX (Prestonwood Forest Dr / Cypresswood Dr), Houston, TX (Butte Creek Rd / Elk River Rd). The average annual change in homeownership rates in the neighborhood during the latest five years. Average market rent is exclusively developed by NeighborhoodScout. Actual Energy industry corporations began moving to west Houston in the 1970s, seeking land for suburban office campuses and proximity to new housing developments. That is one of the best school area in city of Houston. 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. 5=Blue Chip. 80% is a very good, but not excellent match, and so forth. Energy Corridor Southeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Reflects 2021 calendar year; released from FBI in Oct. 2022 (latest available).
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