We measure the average annual increase or decrease in household income in the neighborhood over the most recent 5 years. 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. Updated annually. Additionally, Le Mistral is a mainstay French restaurant. Updated quarterly. Hip and walkable? 2=Low They may live on campus or in off campus housing. During the same time frame, the neighborhoods price per square foot increased 230%. 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. "Match Any Neighborhood" calculates the Match Level of one neighborhood to another using more than 200 characteristics of each neighborhood. Then every neighborhood is ranked relative to both other neighborhoods in the region and all other neighborhoods in the nation. The best neighborhood for you may not be the best one for someone else. Many of the residences in the Energy Corridor East neighborhood are newer, built in 2000 or more recently. 5=Very High. 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. 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. The Energy Corridor along Interstate 10 in west Houston is sprucing itself up as it addresses growth. Trend is based on the percentage of properties that are vacant year round. Equally important is the rate of people, particularly children, who live below the federal poverty line. Rates the quality of all K-12 public schools that Roughly 60% of the neighborhoods residences were constructed between 1970-1999, and about 33% of housing options were built in or after 2000. Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. 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. WebThe Best Neighborhoods in Energy Corridor, Houston, TX by Home Value. merchantability and fitness for a particular purpose. Even larger residences with 5 bedrooms can be priced in the $975K ballpark range, and more luxurious properties in the Energy Corridor can be priced around $1.2 million and over. 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. Raw data sources: per year: 16.8%). Copyright 2000-2023 Location Inc. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. Our data are calculated and updated every three months for each geography, approximately two months after the end of the previous quarter. 50% of households earn over $75K annually, while 35% earn between $25K-$75K annually. Local property crimes track 18% over the U.S. average. We also show how each city, town, neighborhood or micro-neighborhood's appreciation rate compares to others across the U.S. and within the same metropolitan area or nonmetropolitan region (e.g., 9 relative to the nation, 5 relative to the Santa Cruz-Watsonville, CA Metro Area [10 is highest]). Over 50% of the Energy Corridor residents have commute times of 20 minutes or less, and another 30% report daily travel times between 20-35 minutes. Crime risk data are updated annually. 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. 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. WebThe Energy Corridor is one of them. (We are not able to include same-sex marriages here because of data limitations. 1=Very Low ** Outside the nation's largest metropolitan regions, vacancy trends are available for the last 2 years only. Meanwhile, Interstate 610 is farther east of the neighborhood, and Interstate 69 runs south of the Energy Corridor. (We are not able to include same-sex marriages here because of data limitations. The average student-teacher ratio is 11 to 1, which is notably low compared to national averages. All the trademarks displayed on this page are the property of Location, Inc. The park also includes several eateries and has well maintained facilities. Farms: Agricultural land uses are a significant part of the neighborhood and contribute to its character. This independent school educates around 1,120 students across all grade levels and maintains an average graduation rate of 100%. Home and apartment vacancy rates are 7.2% in Energy Corridor Southeast. This district includes 70 campuses, and the Texas Education Agency rates the school system as a recognized district. - 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. Where is 2022 data? This makes comparisons of house appreciation rates equally easy for professional investors and individual homebuyers. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.4% of U.S. neighborhoods. 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. The park spans approximately 7,800 acres and includes 2 soccer fields, 6 baseball fields, a dog park, and massive stretches of undeveloped land. The park features an artificial channel, a scenic wooden bridge, and seating areas. 3=Average In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods. The closer to 100% means the locations are nearly identical. Gross rental yield is based on average market rents paid for a unit with the same number of bedrooms as the median owner occupied home. 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. Median household income provides the best measure of the budget of the typical family or other non-family household. (Vacant units are counted separately.). Trails At Eldridge Parkway; The Passages at Rye 1255; Spencer Park Row; The Atlantic Memorial; LIST YOUR PROPERTY FOR RENT. Houston Police Department homicide investigators arrived at the scene around 7 p.m. in the 1000 block of Highway 6 near Interstate 10. The average nearby price per square foot is based on other locations a short drive away from the neighborhood. 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. Past Appreciation and existing fundamentals Utility payments are not included. [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. Educational Environment: American Community Survey (U.S. Census Bureau). Price advantage score These are the types of employers who neighborhood residents work for. 8,376,755. 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. 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. serve this neighborhood. 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. By sending this Report you agree to NeighborhoodScout's, Notable & Unique Neighborhood Characteristics, My Chances of Becoming a Victim of a Read Scouts definitions for each Lifestyle. Real Estate Values & Trends: Q3 2022. [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. The violent crime rate per 100K residents here is 408, which indicates that violent crime is roughly even with the statewide rate. [4], Browning-Ferris Industries (BFI) had its headquarters in the district until its acquisition by Allied Waste in 2000. We measure the average annual increase or decrease in the percentage of college graduates living in a neighborhood over the most recent 5 years. These are students enrolled in higher education as either undergraduates or graduate students. Our data are built upon median house values per square foot in each neighborhood. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis. 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. 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. 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. The percentage of housing units in the neighborhood that are occupied by the property owner versus occupied by a tenant. Culture is the shared learned behavior of peoples. Per capita is the best measure of the average spending power of each person in the neighborhood. Students at this school perform well on state standardized tests, and the campus also offers a gifted and talented program. Methodology: generated by a Location Inc. product or services is, or should be relied upon as, a promise or representation as to the future Forecasts of potential occurrences or non-occurrences of future conditions and events are inherently uncertain. We measure the average annual increase or decrease in per capita income in the neighborhood over the most recent 5 years. While this may seem like a small percentage, it is higher than 99.3% of the neighborhoods in America. 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. Due to Covid-19, complete standardized testing did not take place during the 2020-2021 academic school year. 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 [53], See: List of colleges and universities in Houston, Coordinates: 2946N 9538W / 29.77N 95.63W / 29.77; -95.63. 4=High SpotCrime crime map shows crime incident data down to neighborhood crime activity including, reports, If you live here, you may find that a number of buildings in your neighborhood are actually empty. 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. Read Scouts definitions for each Special Character. These are people currently active in the military. 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. Per capita is the best measure of the average spending power of each person in the neighborhood. Energy Corridor Southeast is also pretty special linguistically. 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. The greatest number of commuters in Energy Corridor Southeast neighborhood spend between 15 and 30 minutes commuting one-way to work (37.8% of working residents), which is shorter than the time spent commuting to work for most Americans. All risks associated with using the site and the data are borne by the user at Energy Corridor East is a suburban neighborhood (based on population density) located in Houston, Texas. Home Values, Rents: Reflects Q3 2022. This captures the true culture and character of locations, economic conditions, and trends. We then calculate the percentage change in population for each distance. 2 bedroom apartments in the Energy Corridor come with an average monthly rent of $1,440. These are the types of employers who neighborhood residents work for. 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