The district is located north of Westchase, another major business district of Houston, and east of Greater Katy. 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. Median home value is the value which has equal numbers of homes valued above and below it. [11] However, the 2010s oil glut put a damper on this growth, causing office and apartment vacancy rates in the area to rise significantly. Per capita is the best measure of the average spending power of each person in the neighborhood. These are tabulated as the languages people preferentially speak when they are at home with their families. While other neighborhoods feel like a collection of strangers who just happen to live near each other. The measure is defined as the number of vehicles registered per household, as a percentage of all households in the neighborhood. 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. 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. Energy Corridors overall crime rates are 40% lower than the citys average and 17% higher than the national average. The measure is defined as the number of vehicles registered per household, as a percentage of all households in the neighborhood. These are lakes large enough to include recreation and scenic areas. NeighborhoodScout analysis shows that this rate is lower than 55.4% of the neighborhoods in the nation, approximately near the middle range for vacancies. Educational Environment: 2020 (latest available). Crime, Price advantage over surrounding neighborhoods, Houston-The Woodlands-Sugar Land, TX Metro Area regional investment potential. 4=Advantage 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. These are tabulated as the languages people preferentially speak when they are at home with their families. 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. This district includes 70 campuses, and the Texas Education Agency rates the school system as a recognized district. 21% of the population is of Asian descent, and 21% of residents are African American. Hip and walkable? Typically, the median price per square foot tracks around $46. Address? Explore recent crime in West Houston, Houston, TX. 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 schools average graduation rate is about 93%. 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. performance or prediction of real estate values. GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT. This established campus is routinely well-rated among parents and teachers. We measure the average annual increase or decrease in the percentage of college graduates living in a neighborhood over the most recent 5 years. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work. 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 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 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. generated by a Location Inc. product or services is, or should be relied upon as, a promise or representation as to the future Real Estate Value Forecasts & Regional Analysis: Updated Quarterly. 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. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. Updated annually. 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. [3] These parks are located within Barker Reservoir and Addicks Reservoir, respectively, which comprise a major flood control system for Buffalo Bayou. The student body is notably diverse, and the school maintains a long record of academic excellence. Marital Statuses include:Married, Divorced, Widowed and Single (Never Married). The look and feel of the neighborhood, from high rises on the coast, to rural farmlands. 7,043,501 and 7,680,859. Published tax rates may differ slightly from the average effective rates used by NeighborhoodScout, where NeighborhoodScouts tax rates more closely follow the taxes paid by property owners. 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. 1=Very Low 2=Below Average 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. We are the only information provider to have this level of search functionality. Your inquiry has been submitted successfully. We measure the average annual increase or decrease in unemployment in the neighborhood over the most recent 5 years. Only NeighborhoodScout gives you nationally comparable school rankings based on test scores, so you can directly compare the quality of schools in any location. 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. user's sole cost and expense. Raw data sources: SCOUTs patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. Each is on a scale from 0 to 100. Equally important is the rate of people, particularly children, who live below the federal poverty line. Home and apartment vacancy rates are 7.2% in Energy Corridor Southeast. It is well-known for its commercial developments, possessing an astronomical 94,000 employees and more than 300 businesses in its employment center. 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. Cafe Benedicte serves up Mediterranean cuisine, while Lomontes is a long-standing Italian eatery. Past Appreciation and existing fundamentals 18,000 local law enforcement agencies in the U.S. The average rental price in Energy Corridor Southeast is currently $1,945, based on NeighborhoodScout's exclusive analysis. The person/persons smashed our rear driver 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. 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. Date(s) & Update Frequency: SCOUTs patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. 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. Asian and Hispanic residents may identify with one of the more specific subcategories. Additionally, Le Mistral is a mainstay French restaurant. In fact, 8.8% of this neighborhood's residents have Armenian ancestry and 15.5% have Jamaican ancestry. [1][2] Parts of the district overlap with the Memorial area of Houston. [51] These trails connect the district to George Bush Park to the southwest. These are the most common groups that neighborhood residents self- report as their ancestry. 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. 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. 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. 3=Average Updated annually. 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. College graduates are defined here as adults 25 and older with at least a 4-year college degree. 3=Average Date(s) & Update Frequency: View rentals, browse photos and more! Where is 2022 data? 3. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you. We measure the average annual increase or decrease in household income in the neighborhood over the most recent 5 years. Then every neighborhood is ranked relative to both other neighborhoods in the region and all other neighborhoods in the nation. Even larger 5 properties can start around $400K and range into the millions. 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. The percentage of housing units in the neighborhood that are occupied by the property owner versus occupied by a tenant. 80% is a very good, but not excellent match, and so forth. Different micro-neighborhoods within a city or town can have drastically different home appreciation rates. Another 2% of residents are biracial or multiracial. The time is calculated for all residents working outside the home. We calculate rental price trends as the average annual change in market rent paid in the neighborhood over the latest 5 years. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. serve this neighborhood. user's sole cost and expense. Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. 47% of the population is male, and 52% is female. Average annual rent as a percentage of property value. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. Enter your name and email address below and we'll send you a comprehensive guide of the Energy Corridor neighborhood for free! Another 23% of residents have earned a masters degree or a higher degree. serve this neighborhood. 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. Culture is the shared learned behavior of peoples. Rates the quality of all K-12 public schools that 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. The NeighborhoodScout search engine is covered under US Patents No. Beginners and professional competitors alike frequent this highly rated venue. The data reflect appreciation rates for the micro-neighborhood or neighborhood, not necessarily each individual property in the neighborhood. 4=High 3=Similar Price ** Outside the nation's largest metropolitan regions, vacancy trends are available for the last 2 years only. Very high values show a lack of stability in the neighborhood. 1=Very Low These two elements more than most others, define a neighborhood and help to create its character. The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. 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