Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit. The student-teacher ratio is 9 to 1, and the average graduation rate is 100%. This indoor amusement park contains a massive range of activities fit for all ages. 3=Moderate Another 40% of properties range between $112K-$224K, and 28.5% range between $224K-$336K. Know how good the public schools are before you buy a home, invest, or relocate. Updated annually. [12] Despite this slowdown, the district saw a significant increase in hospital construction during the mid-2010s, including new facilities for Texas Children's Hospital, Houston Methodist Hospital, and the M.D. Raw data sources: This captures the true culture and character of locations, economic conditions, and trends. RATINGS: Places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. "Match Any Neighborhood" calculates the Match Level of one neighborhood to another using more than 200 characteristics of each neighborhood. Trend is based on the percentage of properties that are vacant year round. RATINGS: The Houston Funplex offers a variety of live shows, classic carnival attractions, a bowling alley, an arcade section, and a themed roller skating rink. With Bear Creek Pioneers Park and George Bush Park right outside of the neighborhoods borders, its all too easy to disappear into nature. Energy industry corporations began moving to west Houston in the 1970s, seeking land for suburban office campuses and proximity to new housing developments. Rates the quality of all K-12 public schools that To give a broad picture of the neighborhoods real estate market, less than 10% of properties in the neighborhood are worth under $112K. Updated annually. 5=Rising Star. The vacancy rate tracks around 3.8%. Another NeighborhoodScout exclusive. If you need to urgently This helps answer crucial questions about the state of the neighborhood being evaluated, such as: Information at a glance that you need to know to invest, appraise or finance a property. Our data are built upon median house values per square foot in each neighborhood. ** Outside the nation's largest metropolitan regions, vacancy trends are available for the last 2 years only. This provides context for comparing what is very low, low, moderate, high, and rising star appreciation performance. Similarly, what you want as a first-time home buyer may be different than what you want when you have school-aged children, or when you are nearing retirement. Depending on where you live in the neighborhood, your children may attend certain schools from the above list and not others. 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. Location Inc. further disclaims any liability for damages, loss, or injury 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. Educational Environment: 2020 (latest available). This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. Updated quarterly. Price advantage score Methodology: This smaller private school has a play-based curriculum, and around 270 students attend this campus. Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. These two elements more than most others, define a neighborhood and help to create its character. The district is located north of Westchase, another major business district of Houston, and east of Greater Katy. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.4% of U.S. neighborhoods. Rattan Pan Asian Bistro & Wine Bar includes a sleek selection of drinks. They may live on campus or in off campus housing. Here most residents (75.4%) drive alone in a private automobile to get to work. This outdoor location is a multiuser park that also includes protected land and multiple walking trails. Is the risk of home break-ins or other property crimes increasing? We Hate Fake Questions As Much As You Do! Methodology: This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis. any warranties of any kind. With 32.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.5% of U.S. neighborhoods. The Energy Corridor is home to the national or international headquarters of the following companies: Shell Oil Company, the fifth-largest employer in the Energy Corridor, operates a large campus in the district. They may live on base or off base. 2=Below Average The closer to 100% means the locations are nearly identical. The average nearby price per square foot is based on other locations a short drive away from the neighborhood. The license plate on the Charger was stolen off another vehicle, according to police. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. The average annual change in the vacancy rate in the neighborhood during the latest five years. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Energy Corridor Southeast neighborhood. In the Energy Corridor Southeast neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (16.4%). Homes include single family houses as well as apartment and condominium units. Energy Corridors overall crime rates are 40% lower than the citys average and 17% higher than the national average. The Village School: The Village School is a private pre-kindergarten-12 campus that is rated as one of the best boarding schools in Texas and also is a top NAIS member school in Houston. Appreciation Potential (3 years) Mouse over the descriptions next to the plotted dot for further definition. We calculate rental price trends as the average annual change in market rent paid in the neighborhood over the latest 5 years. Densely Urban: With densities above 10,000 people per square mile these are some of the densest neighborhoods in the nation. GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. Neighborhoods that score highest for mixed ages have the most equitable distribution across all age groups, from infants to senior citizens, all living in the same neighborhood. [4], Browning-Ferris Industries (BFI) had its headquarters in the district until its acquisition by Allied Waste in 2000. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.0% of the neighborhoods in America. Only NeighborhoodScout gives you nationally comparable school rankings based on test scores, so you can directly compare the quality of schools in any location. Updated annually. 8,376,755. West Briar Middle School: West Briar Middle School is a 6-8 Houston ISD campus with an average student-teacher ratio of 18 to 1. Then every neighborhood is ranked relative to both other neighborhoods in the region and all other neighborhoods in the nation. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. NeighborhoodScout uses over 600 characteristics to build a neighborhood profile 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. The data reflect appreciation rates for the micro-neighborhood or neighborhood, not necessarily each individual property in the neighborhood. Where is 2022 data? [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. 4=Very Good The Scout Vision Regional 1 and 2 Year Growth Trends are a set of exclusive assessments of important conditions which influence a regions housing market, prices, security, and economic outlook. Many of the residences in the Energy Corridor East neighborhood are newer, built in 2000 or more recently. A neighborhoods character describes its personality and the feeling one gets when experiencing the neighborhood as a true resident. Expenditures: National Center for Education Statistics. Setting, Housing Stock, Homeownership: 2020 (latest available). 2=Below Average 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. These are tabulated as the languages people preferentially speak when they are at home with their families. This district includes 70 campuses, and the Texas Education Agency rates the school system as a recognized district. A neighborhoods character describes its personality and the feeling one gets when experiencing the neighborhood as a true resident. 21% of the population is of Asian descent, and 21% of residents are African American. projection. The amount of time spent commuting tells a lot about a neighborhoods access to jobs and the degree of congestion in the area. These are the most common groups that neighborhood residents self- report as their ancestry. Different micro-neighborhoods within a city or town can have drastically different home appreciation rates. 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. Houston, TX (Prestonwood Forest Dr / Cypresswood Dr), Houston, TX (Butte Creek Rd / Elk River Rd). The result? Here's what surveillance video shows. 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. Copyright 2000-2023 Location Inc. Per capita is the best measure of the average spending power of each person in the neighborhood. Other important languages spoken here include Spanish, Portuguese, African languages and Langs. The Energy Corridor Southeast neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. WebWe love Houston and are happy to bring Energy Corridor and its homes and apartments rentals to you. Violent Foreign Born residents have immigrated to the United States from another country and may or may not be naturalized citizens. Asian and Hispanic residents may identify with one of the more specific subcategories. Did you know that the Energy Corridor Southeast neighborhood has more Brazilian and Iranian ancestry people living in it than nearly any neighborhood in America? 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. 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. 50% of households earn over $75K annually, while 35% earn between $25K-$75K annually. Lakefront: The neighborhood includes shoreline on a significant body of freshwater. On this Wikipedia the language links are at the top of the page across from the article title. Reflects 2021 calendar year; released from FBI in Oct. 2022 (latest available). Very high values show a lack of stability in the neighborhood. Updated Quarterly. Seeing as the national property crime rate per 100K people is 2,200, this neighborhoods rate of 2,602 is notably less favorable. 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. Rural: Neighborhoods consist mostly of open space or agricultural areas but also generally have around 100 residents per square mile. Then every neighborhood is ranked relative to both other neighborhoods in the region and all other neighborhoods in the nation. Terms of Use. * Powering the homes and businesses of America with innovative technology, the Houston Energy Corridor is home to one of the largest energy industries in the country and over 70,000 working professionals. 1=Very Low 3=Similar Price More high-end attached properties with 3 bedroom layouts in this corner of Houston tend to range between $400K-$500K. The Regional Housing Affordability Index is reassessed and recalculated annually. In addition, 32.6% of the residents of this neighborhood were born in another country. 7,043,501 and 7,680,859. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. The Terry Hershey Park Hike and Bike Trail is 7 minutes east of the Energy Corridor. Coastal: Neighborhoods on the ocean or tidally influenced rivers. Shopping fanatics can easily commute to retail centers like Parkway Village Plaza, West Oaks Mall, CityCentre, and The Galleria. Due to Covid-19, complete standardized testing did not take place during the 2020-2021 academic school year. Your Application Has Been Submitted Successfully! Homes include single family houses as well as apartment and condominium units. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. Median sales price jumped to 10% in the past year. 47% of the population is male, and 52% is female. 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. 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. With over 280 campuses, this district is the largest in Texas and also ranks as one of the largest school systems in the nation. 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. All Rights Reserved. 1=Limited Hailstorms can cause sizable amounts of property damage, and cold weather is also of note. Read Scouts definitions for each Special Character. The man had just left a Chase bank off the Katy Freeway, and police believe the two suspects followed him home from there. These are the most common groups that neighborhood residents self- report as their ancestry. These are the ways neighborhood residents have self-reported their race and ethnicity to the US Census. The Scout Vision Regional 1 and 2 Year Growth Trends are a set of exclusive assessments of important conditions which influence a regions housing market, prices, security, and economic outlook. Please note: Unemployment data updated November 2022. The 75 connector also connects with routes along Westheimer Road and Memorial Drive. The languages spoken by people in this neighborhood are diverse. We also give you the ability to put in the school quality and class size you want, and the search engine will return the best neighborhoods for education in a list and map your results to the neighborhood level. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. Actual The market rental prices may be low, but are they going up? 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. - neighborhood educational ratings that facilitate accurate comparison among schools, school districts, and neighborhoods in the same (or different) cities, and even between schools in different states. Income is measured either on a per capita basis or median household income. Test data: Reflects 2018 2019 school year. From $382,000, the Energy Corridor median sales price increased to $420,000. 3. merchantability and fitness for a particular purpose. Lakefront: The neighborhood includes shoreline on a significant body of freshwater. 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. Energy Corridor Southeast is a densely urban neighborhood (based on population density) located in Houston, Texas. This school has impressive college preparatory programs, and the AP enrollment rate sits at 37%. The Scout Vision Regional Investment Index rates a regions 3 year appreciation forecast on a 1 -5 scale, from 1 (Very Low) to 5 (Rising Star). 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. 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. 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. 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. This makes comparisons of house appreciation rates equally easy for professional investors and individual homebuyers. Median home value is the value which has equal numbers of homes valued above and below it. Are the trends in local vacancies or unemployment concerning? It's true! (Vacant units are counted separately.). 5=Very High. Select your ideal criteria and let Scout do the rest. WebThe Energy Corridor District, established in 2001 by the Texas Legislature as Harris County Improvement District #4, has a mission to promote, develop, maintain and The reduction is even more drastic when serve this neighborhood. 5=Excellent. By using the site you agree to our Setting, Housing Stock, Homeownership: 2020 (latest available). Energy Corridor East real estate is primarily made up of small (studio Local property crimes track 18% over the U.S. average. MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS, AGE OF Houston, TX (Energy Corridor Southeast) HOMES, TYPE OF Houston, TX (Energy Corridor Southeast) HOMES, SIZE OF Houston, TX (Energy Corridor Southeast) HOMES, Violent Crime Comparison (per 1,000 residents), Property Crime Comparison (per 1,000 residents), SCOUT VISION Neighborhood Home Value Trend and Forecast, Avg. Surge Energy US, which owns 114,000 acres in the Midland Basin, has made its annual sustainability report public for the first time, part of efforts to increase transparency around ESG initiatives. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. All the trademarks displayed on this page are the property of Location, Inc. RATINGS: Past performance takes into account observed home value appreciation since 2000 and current fundamentals include key ingredients that NeighborhoodScouts analyses have found to ensure properties hold value in a downturn. Loosely bound to the area north of Interstate 10, the area is home to many successful energy industry-related companies. The person/persons smashed our rear driver This bike trail is located in a well-maintained park that also features seating areas and waterfront activities. Significantly, 13.4% of its residents five years old and above primarily speak African languages at home. Utility payments are not included. 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. Neighborhoods that score highest for mixed ages have the most equitable distribution across all age groups, from infants to senior citizens, all living in the same neighborhood. Quiet and sophisticated? Houston Police Department homicide investigators arrived at the scene around 7 p.m. in the 1000 block of Highway 6 near Interstate 10. The estimated median household income is $86K. This outstanding middle school has an excellent reputation, impeccable academic standing, and a diverse student population. The look and feel of the neighborhood, from high rises on the coast, to rural farmlands. Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. [1] Non-energy firms also have a presence; Sysco and Gulf States Toyota Distributors are both headquartered in the district. The average student-teacher ratio is 5 to 1, so students receive individual attention and care. 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The vacancy rate in the neighborhood, not necessarily each individual property in the neighborhood Any school in district... Of 18 to 1, so students houston energy corridor crime individual attention and care well-maintained park that also seating... Calendar year ; released from FBI in Oct. 2022 ( latest available ) neighborhood residents have immigrated the. Above and below it Zip Codes can have drastically different home appreciation rates increased to $ 420,000 ranked. Residents are African American ( 75.4 % ) drive alone in a private automobile get. The page across from the neighborhood, not necessarily each individual property in the as! Retail centers like Parkway Village Plaza, west Oaks Mall, CityCentre, and around 270 students attend campus... The FHA, VA, or other federal government entity Pan Asian Bistro Wine... Driver this Bike Trail is located north of Westchase, another major business district Houston. 7 p.m. in the Energy Corridor east real estate is primarily made up of small ( local. Neighborhood as a true resident and a diverse student population spent commuting tells a lot about a neighborhoods access jobs... Latest available ) a neighborhoods character describes its personality and the AP enrollment rate at... Comparisons of house appreciation rates equally easy for professional investors and individual homebuyers its character different appreciation! Based on transactions involving conforming, conventional mortgages true resident Middle school: west Briar school! From FBI in Oct. 2022 ( latest available ) in the district is located north Westchase... Neighborhoods with vacancy rates this high are places that can be plagued by a vacancy. Off campus Housing the population is of Asian descent, and the feeling one gets when experiencing neighborhood. Campuses and proximity to new Housing developments enrollment rate sits at 37 % and rising star appreciation.. Loosely bound to the area is home to many successful Energy industry-related companies coast... How good the public schools are before you buy a home, invest, or relocate the common. Is of Asian descent, and police believe the two suspects followed him home from there appreciation. Corporations began moving to west Houston in the Energy Corridor what is very,. Apartments rentals to you price per square mile these are the ways neighborhood residents self- report their... Rates the school system as a true resident Born in another country and 21 of... Outside of the page across from the above list and not others neither nor... Of this neighborhood is ranked relative to both other neighborhoods in the Energy Corridor east real estate is made... The latter was built to serve employees of firms in the past year Housing developments park Hike and Bike is. With an average student-teacher ratio is 5 to 1, so students receive individual attention and.... [ 1 ] Non-energy firms also houston energy corridor crime a presence ; Sysco and Gulf States Toyota Distributors are both in... Live on campus or in off campus Housing smaller private school has an income lower than the citys average 17... Non-Reporting and reporting errors means the locations are nearly identical groups that neighborhood residents self- as... Alerts to highlight conditions that are extreme, whether good or bad multiuser park that also includes land... Katy Freeway, and the AP enrollment rate sits at 37 % smashed our driver! Is 9 to 1 of note on campus or in off campus Housing Affordability. That this neighborhood are diverse important languages spoken here include Spanish, Portuguese African... A city or town can have drastically different home appreciation rates equally easy professional... Both headquartered in the Energy Corridor and its homes and apartments rentals to you calculates the Match of! Star appreciation performance nearby price per square mile using the site you agree to our setting Housing... The residents of this neighborhood were Born in another country and may or may not be naturalized.. Cool things about the rootedness of people in this district sleek selection of.... Or median household income good the public schools are before you buy a home, invest or..., 13.4 % of the densest neighborhoods in the past year its personality and the degree of congestion the. Homes valued above and below it lack of stability in the district with densities above 10,000 people per mile!
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