21% of the population is of Asian descent, and 21% of residents are African American. Demographics, Crime Trends & Forecast: Reflects 2020 calendar year (latest available). Our data are built upon median house values per square foot in each neighborhood. 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 reduction is even more drastic when NeighborhoodScout has developed the first ever nationally comparable school ratings. The average annual change in the vacancy rate in the neighborhood during the latest five years. Highly rated local bars include establishments like Watsons House of Ales, a charming English pub with a massive menu, and Mr. Cs Irish Pub, a traditional, casual Irish establishment. 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. These are the ways neighborhood residents have self-reported their race and ethnicity to the US Census. [1][2] Parts of the district overlap with the Memorial area of Houston. [43] Residents zoned to Westside may transfer to Lamar High School. The best neighborhood for you may not be the best one for someone else. 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. 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. [1] The Energy Corridor contains over 26million square feet (2,400,000m2) of office space, with an employment capacity of over 105,000.[1]. 2=Low 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. These two elements more than most others, define a neighborhood and help to create its character. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work. Which area is downright dangerous? Methodology: Price advantage score 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. 1=Strong Disadvantage Roughly 60% of the neighborhoods residences were constructed between 1970-1999, and about 33% of housing options were built in or after 2000. This location curves along Buffalo Bayou and offers visitors scenic routes to enjoy fresh air while exercising or simply relax away from the bustle of city living. 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 result? The student-teacher ratio is 9 to 1, and the average graduation rate is 100%. This neighborhood, more than almost any other in America, has new residents from other areas. 4=Advantage Culture is the shared learned behavior of peoples. 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. [13], ExxonMobil operated a large chemical facility in the district until 2013, when it consolidated operations in its new corporate campus in Spring. 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. Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Percentages are based on the number of housing units in the neighborhood of each housing type. The British International School of Houston: The British International School of Houston is a pre-kindergarten-12 private school located in neighboring Katy. Apart from slight fluctuations, property values in the district remain strong. To give a broad picture of the neighborhoods real estate market, less than 10% of properties in the neighborhood are worth under $112K. Know how good the public schools are before you buy a home, invest, or relocate. One man was found dead and another in critical condition suffering multiple gunshot wounds Friday night near the Energy Corridor, according to police. Houston Police Department homicide investigators arrived at the scene around 7 p.m. in the 1000 block of Highway 6 near Interstate 10. The man in critical condition was taken to a nearby hospital. Although blizzards are rare in Houston, strong winter storms and heavy snows cause dangerous conditions. 2023, Kristina Morales. More diverse than If you know any information regarding this incident, you are urged to call Crime Stoppers at 713-222-8477. By sending this Report you agree to NeighborhoodScout's, Notable & Unique Neighborhood Characteristics, My Chances of Becoming a Victim of a Remote: Neighborhoods with the fewest people per square mile in the nation, generally less than 100 per square mile. Farms: Agricultural land uses are a significant part of the neighborhood and contribute to its character. Your Application Has Been Submitted Successfully! The search engine finds the neighborhoods that are the optimum fit to the set of criteria you choose. The most common language spoken in the Energy Corridor East neighborhood is English, spoken by 69.3% of households. NeighborhoodScout uses over 600 characteristics to build a neighborhood profile All the trademarks displayed on this page are the property of Location, Inc. A very small part of the Energy Corridor is in HISD with Barbara Bush Elem. We measure the average annual increase or decrease in household income in the neighborhood over the most recent 5 years. performance or prediction of real estate values. Apartment rent in Energy Corridor has increased by 3.8% in Actual Our nationally-comparable school ratings are covered under US Patent No. This provides context for comparing what is very low, low, moderate, high, and rising star appreciation performance. Which area is that area? 5=Strong Advantage. Read more about Scout's School Data. 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. 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. [47] In 2016, the British International School of Houston opened in Greater Katy to serve the district's large population of British expatriates. Jobs score 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. 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. The 3 year appreciation forecast for each neighborhood is classified into 1 - 5 categories based on how this neighborhood's forecast 3 year performance compares to the real estate appreciation rates experienced in all neighborhoods nationwide for every 3 year period since 1999. In some cases, districts allow students to attend schools anywhere in the district. 80% is a very good, but not excellent match, and so forth. As the Index approaches historical highs, it can be a warning of an overheated housing market that may be due for a pricing correction. SCOUTs patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. College graduates are defined here as adults 25 and older with at least a 4-year college degree. Considered an up-and-coming area, the Energy Corridor is a western Houston neighborhood that has many outdoor activities, exciting venues, and convenient qualities that attract residents from all walks of life. While this may seem like a small percentage, it is higher than 99.3% of the neighborhoods in America. In fact, 1.7% of this neighborhood's residents have Brazilian ancestry and 1.4% have Iranian ancestry. More high-end attached properties with 3 bedroom layouts in this corner of Houston tend to range between $400K-$500K. Very high values show a lack of stability in the neighborhood. Here most residents (78.1%) drive alone in a private automobile to get to work. The average annual change in homeownership rates in the neighborhood during the latest five years. 5=Blue Chip. The percentage of housing units in the neighborhood that are occupied by the property owner versus occupied by a tenant. Why we don't use Zip Codes as neighborhoods. Seeing as the national property crime rate per 100K people is 2,200, this neighborhoods rate of 2,602 is notably less favorable. 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. Furthermore, 95.8% of the real estate in the Energy Corridor Southeast neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. As the Index approaches historical highs, it can be a warning of an overheated housing market that may be due for a pricing correction. 3=Moderate Income is measured either on a per capita basis or median household income. This district includes 70 campuses, and the Texas Education Agency rates the school system as a recognized district. 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. They may live on base or off base. Age groups present in the neighborhood, as a percentage of the total population. This nearby school has many impressive qualities and educates around 2,150 students. 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. Price advantage score The neighbors in the Energy Corridor East neighborhood in Houston are upper-middle income, making it an above average income neighborhood. The district is located along Interstate 10 from Barker Cyprus to Kirkwood Road and continues south along the Eldridge Parkway to Briar Forest. It reveals the average monthly rent paid for market rate apartments and rental homes in the neighborhood, excluding public housing. Houston, TX (Prestonwood Forest Dr / Cypresswood Dr), Houston, TX (Butte Creek Rd / Elk River Rd). 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. Reflects 2021 calendar year; released from FBI in Oct. 2022 (latest available). Same-sex couple data is available under Household Type.). WebECHO's 2020-21 season kicks off at 5:30 p.m. on October 25 at Plazas on the Parkway, 1127 Eldridge Parkway. merchantability and fitness for a particular purpose. State tests show that 76% of students are at least proficient in math, while 72% are at least proficient in reading. 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. Updated quarterly. 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. Median sales price jumped to 10% in the past year. Copyright 2000-2023 Location Inc. generated by a Location Inc. product or services is, or should be relied upon as, a promise or representation as to the future The measure is defined as the number of vehicles registered per household, as a percentage of all households in the neighborhood. Average market rent is exclusively developed by NeighborhoodScout. 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. Here's what surveillance video shows. As this ratio becomes high, it becomes more difficult for local wages to support housing prices. WebIn the Energy Corridor Northeast neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (28.0%). The exact square footage of Enbridges new 14-year sublease was not immediately available. This provides context for comparing what is very low, low, moderate, high, and rising star appreciation performance. Mouse over the descriptions next to the plotted dot for further definition. Select your ideal criteria and let Scout do the rest. 3=Similar Price The average nearby price per square foot is based on other locations a short drive away from the neighborhood. Due to Covid-19, complete standardized testing did not take place during the 2020-2021 academic school year. The AP enrollment rate is 31%, and the schools average graduation rate is 97%. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.6% of all neighborhoods in America. 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. Parts of the district overlap with the Me Quiet and sophisticated? 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. With over 280 campuses, this district is the largest in Texas and also ranks as one of the largest school systems in the nation. These are the most common groups that neighborhood residents self- report as their ancestry. Culture is the shared learned behavior of peoples. [53], See: List of colleges and universities in Houston, Coordinates: 2946N 9538W / 29.77N 95.63W / 29.77; -95.63. The percentage of adults aged 25 and older that have attained at least a 4 year college degree like a BA. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of These are the types of employers who neighborhood residents work for. You can easily find 3400 SQFT house in katy with that kind of money. 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. (We are not able to include same-sex marriages here because of data limitations. Use NeighborhoodScout to determine the quality of the specific schools that serve each neighborhood, whether it is served by 1 or multiple school districts. The Terry Hershey Park Hike and Bike Trail is 7 minutes east of the Energy Corridor. These are the predominate forms of housing in the neighborhood. Coastal: Neighborhoods on the ocean or tidally influenced rivers. In the Energy Corridor Southeast neighborhood, 49.9% of the working population is employed in executive, management, and professional occupations. 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. The map shows where residents in Energy Corridor and surrounding areas believe are the best A number of residences were also built between 1970 and 1999. Interstate 10 runs directly through the Energy Corridor, the neighborhood is also bisected by S Texas 6. Select your ideal criteria and let Scout do the rest. It is well-known for its commercial developments, possessing an astronomical 94,000 employees and more than 300 businesses in its employment center. 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. Utility payments are not included. Many families enjoy this neighborhood based on factors like the affordable cost of living and great local schools, and young professionals also find this part of Houston attractive. Updated annually. What we choose to do for a living reflects who we are. Energy Corridor East median real estate price is $658,484, which is more expensive than 92.9% of the neighborhoods in Texas and 83.1% of the neighborhoods in the U.S. These are students enrolled in higher education as either undergraduates or graduate students. Equally important is the rate of people, particularly children, who live below the federal poverty line. Updated Quarterly. 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. RATINGS: 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. The amount of time spent commuting tells a lot about a neighborhoods access to jobs and the degree of congestion in the area. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America. 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. 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. Denver College of Nursing is establishing a campus in Houston and has signed a new lease with Florida-based Accesso for nearly 30,000 square feet in the Energy Corridor. 2020 (latest available). The men took the victim's money and drove off. Raw crime incidents are sourced from all 18,000+ local law enforcement agencies municipal, county, transit, park, port, university, tribal and more, assigned to localities, then built into NeighborhoodScouts proprietary predictive models to provide a comprehensive crime risk profile for every neighborhood and address-vicinity in the U.S. More about NeighborhoodScouts crime data methodology, Methodology: The average rental price in Energy Corridor Southeast is currently $1,945, based on NeighborhoodScout's exclusive analysis. 2=Low Updated annually. Other residents here are employed in clerical, assistant, and tech support occupations (10.4%), and 8.5% in manufacturing and laborer occupations. Westside High School: Westside High School is a 9-12 campus in Houston ISD within short commuting distance for students in the Energy Corridor. Energy Corridor East. This upstanding district serves 35,000 and contains many reputable campuses. 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. To give an idea of property sizes in the neighborhood, 17% of properties have 1-2 bedroom layouts. 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. 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. The amount of time spent commuting tells a lot about a neighborhoods access to jobs and the degree of congestion in the area. Asian and Hispanic residents may identify with one of the more specific subcategories. 5=Very High. 3=Average The Scout Vision Jobs Score Index rates neighborhoods on a 1-5 scale according to how many high paying jobs are within commuting range of the location. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. * 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. 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. The Energy Corridor along Interstate 10 in west Houston is sprucing itself up as it addresses growth. Visitors can enjoy wildlife sightings, swimming, fishing, horseback riding, soccer, hiking, tennis, and much more during any season. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. Very high values show a lack of stability in the neighborhood. NeighborhoodScout uses the official government designation for neighborhoods - the census tract. 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. 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