People have personalities, and so do neighborhoods. 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. College graduates are defined here as adults 25 and older with at least a 4-year college degree. We calculate rental price trends as the average annual change in market rent paid in the neighborhood over the latest 5 years. 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. The proportion of homes and apartments in the neighborhood built within a certain time period. If you live here, you may find that a number of buildings in your neighborhood are actually empty. Foreign Born residents have immigrated to the United States from another country and may or may not be naturalized citizens. The average nearby price per square foot is based on other locations a short drive away from the neighborhood. The average rental cost in this neighborhood is higher than 63.3% of the neighborhoods in Texas. 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. [10] The amount of new office space added to the Energy Corridor between 2005 and 2015 is equivalent to the amount added during the preceding three decades. 4=Advantage Visitors can enjoy wildlife sightings, swimming, fishing, horseback riding, soccer, hiking, tennis, and much more during any season. While this may seem like a small percentage, it is higher than 99.3% of the neighborhoods in America. This makes comparisons of house appreciation rates equally easy for professional investors and individual homebuyers. These two elements more than most others, define a neighborhood and help to create its character. Updated annually. 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. These are the types of employers who neighborhood residents work for. This reveals trends in demand for real estate that can drive pricing, or reveal declines in demand, at every relevant distance from the subject location. [14], The Energy Corridor experienced extensive inland flooding from Hurricane Harvey in August and September 2017 after historic rainfall exceeded the retention capacity of the Addicks and Barker reservoirs. Anderson Cancer Center. Marital status is defined based on the percentage of residents who are 18 and over. Other important languages spoken here include Spanish, African languages and Korean. 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. Violent crime is 7% more frequent than national rates. GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT. [11] However, the 2010s oil glut put a damper on this growth, causing office and apartment vacancy rates in the area to rise significantly. Date(s) & Update Frequency: Our data are built upon median house values per square foot in each neighborhood. Crime risk indices are nationally comparable on a 1 100 scale, where 100 means safer than 100% of U.S. neighborhoods. We measure the average annual increase or decrease in household income in the neighborhood over the most recent 5 years. Date(s) & Update Frequency: Crime risk data are updated annually. The neighborhoods with the very highest racial diversity will contain roughly equal proportions, or as close as is possible to equal proportions, across all racial groups: White, Black, American Indian, Native Hawaiian / Pacific Islander, and Asian. The park also includes several eateries and has well maintained facilities. Crime, My Chances of Becoming a Victim of a As the neighborhoods name implies, the Energy Corridor contains many energy firms and the major operations of energy companies. Two general aviation airports serve the Energy Corridor: West Houston Airport, near Addicks Reservoir, and Houston Executive Airport in unincorporated Waller County. "Match Any Neighborhood" calculates the Match Level of one neighborhood to another using more than 200 characteristics of each neighborhood. Rural: Neighborhoods consist mostly of open space or agricultural areas but also generally have around 100 residents per square mile. 1=Limited When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. The length of the bars indicate the percentage of neighborhoods in America that this neighborhood is more family-friendly than, more college student friendly than, more luxurious than, and so forth. Rural: Neighborhoods consist mostly of open space or agricultural areas but also generally have around 100 residents per square mile. [7][10], Between 2001 and 2013, the district more than tripled its total property value, from $600 million to over $2 billion. 4=High [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. RATINGS: The neighborhoods with the very highest racial diversity will contain roughly equal proportions, or as close as is possible to equal proportions, across all racial groups: White, Black, American Indian, Native Hawaiian / Pacific Islander, and Asian. 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. Appreciation Potential (3 years) Location Inc. makes no express or implied warranty and all information and content is provided "As is" without 80% is a very good, but not excellent match, and so forth. 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. The Energy Corridor is home to over 22,000 residents. The average student-teacher ratio is 11 to 1, which is notably low compared to national averages. 5=Excellent. 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 neighborhoods in the U.S. 80% is a very good, but not excellent match, and so forth. This established campus is routinely well-rated among parents and teachers. You can easily find 3400 SQFT house in katy with that kind of money. This might include anything from the housing stock to the types of households living here to how people get around. Average annual rent as a percentage of property value. Ray Daily Elementary School: Ray Daily Elementary School is a local pre-kindergarten-5 campus within Houston ISD. 3=Moderate RATINGS: 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. The time is calculated for all residents working outside the home. The Terry Hershey Park Hike and Bike Trail is 7 minutes east of the Energy Corridor. Hip and walkable? Educational Environment: American Community Survey (U.S. Census Bureau). speak to us about your home, please call (877) 355-1244. The number of vehicles the average household in the neighborhood possesses is a function of wealth, space constraints, the age people of the household (e.g., households with teenagers and parents), and the availability of alternatives to driving. [1] Non-energy firms also have a presence; Sysco and Gulf States Toyota Distributors are both headquartered in the district. 3. Because demand varies from region to region and the proportion of household income expected to be spent on housing also varies greatly from region to region, the Scout Vision Housing Affordability Index is best used to compare affordability in a region over time to assess overheated markets, rather than using the Index to compare different regions at one point in time to assess market overheating. This value will be high in neighborhoods that attract new residents from around the country, and low in places where most residents grew up within the same state. 50% of households earn over $75K annually, while 35% earn between $25K-$75K annually. 2=Low The district is connected to a wider trail system by trailheads at the intersection of Eldridge and Enclave and at Mayde Creek as it passes under Interstate 10. That said, attached residences are few in number in the area. All risks associated with using the site and the data are borne by the user at Are the trends in local vacancies or unemployment concerning? Other residents here are employed in clerical, assistant, and tech support occupations (10.4%), and 8.5% in manufacturing and laborer occupations. On this Wikipedia the language links are at the top of the page across from the article title. Ashford, which occupies 570,052 square feet in Houstons Energy Corridor, has registered the most leasing activity in Accessos Houston portfolio since the pandemic. Katy ISD contains many National Blue Ribbon Schools and offers AP and college preparatory programs. The only suspect description police provided is that they are two Black men who were last seen wearing dark clothing. By sending this Report you agree to NeighborhoodScout's, Notable & Unique Neighborhood Characteristics, My Chances of Becoming a Victim of a 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 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. Raw data sources: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights. People have personalities, and so do neighborhoods. WebEnergy Corridor Living *Secure screening process for residents, including background check, verifiable income and credit history required. Each is on a scale from 0 to 100. It is well-known for its commercial developments, possessing an astronomical 94,000 employees and more than 300 businesses in its employment center. Popular Listings. NeighborhoodScout vividly reveals such differences. 1=Very Low Then every neighborhood is ranked relative to both other neighborhoods in the region and all other neighborhoods in the nation. This established outdoor gun range offers educational classes for visitors and provides space to practice skeet shooting, targeting sport clays, and take aim at stationary targets as well. This upstanding district serves 35,000 and contains many reputable campuses. If you need to urgently All Rights Reserved, 1400 Newport Center Dr #100 Newport Beach, CA 92660. We then calculate the percentage change in population for each distance. Read Scouts definitions for each Special Character. 2 bedroom apartments in the Energy Corridor come with an average monthly rent of $1,440. We consider short, medium and longer one way commute times of 15, 30, and 45 minutes and sum up the total number of jobs paying at least $75,000 within each. The AP enrollment rate is 31%, and the schools average graduation rate is 97%. 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 second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.1% of the residents employed. Here most residents (78.1%) drive alone in a private automobile to get to work. [37] In January 2011, the name of the route was changed to 75 Eldridge Crosstown, and the southern terminus of the line was extended to Mission Bend Park and Ride, enabling more convenient connections with the Westchase district and the New Chinatown area. Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This campus has excellent athletics programming, highly rated college prep, various student activities and clubs, and great academic standing. In fact, 8.8% of this neighborhood's residents have Armenian ancestry and 15.5% have Jamaican ancestry. 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. Where the two intersect is where the dot is plotted representing this neighborhood. Affordable attached properties in the Energy Corridor can start at low list prices around $110K. They may live on campus or in off campus housing. Police believe he was followed to his home in the 700 block of Trademark Place in the Energy Corridor. Roughly 60% of the neighborhoods residences were constructed between 1970-1999, and about 33% of housing options were built in or after 2000. 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. The schools average graduation rate is 93%. 1=Very Low Even if your neighborhood is walkable, you may still have to drive to your place of work. Per capita is the best measure of the average spending power of each person in the neighborhood. Date(s) & Update Frequency: The Metropolitan Transit Authority of Harris County, Texas (METRO) provides public transportation to the area. WebWe've stayed in the Energy Corridor before with no problems, but this time, our car was broken into at the hotel we are staying. Typically, the median price per square foot tracks around $46. What we choose to do for a living reflects who we are. The amount of time spent commuting tells a lot about a neighborhoods access to jobs and the degree of congestion in the area. Pappys Cafe, Pecan Creek Grill, and Freddys Cafe are a few other favorites. Houston ISD campuses are known for having diverse student populations, impressive academic programming, and well-rated staff. The result? Typhoon Texas Waterpark is located roughly 11 miles west of the Energy Corridor in neighboring Katy, Texas. NeighborhoodScout analysis shows that this rate is lower than 55.4% of the neighborhoods in the nation, approximately near the middle range for vacancies. The median price per square foot is based on other locations a short drive away from the article.... Trends as the average student-teacher ratio is 11 to 1, which is notably low compared to national.. Annual increase or decrease in household income in the neighborhood over the latest 5.! 11 to 1, which is notably low compared to national averages the time is for. The amount of time spent commuting tells a lot about a neighborhoods access to jobs and Schools... Stock to the types of households earn over $ 75K annually neighborhoods in the neighborhood the Energy come... 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