Are the trends in local vacancies or unemployment concerning? Farms: Agricultural land uses are a significant part of the neighborhood and contribute to its character. 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). In fact, our nationally comparable school ratings are patented. 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. Cafe Benedicte serves up Mediterranean cuisine, while Lomontes is a long-standing Italian eatery. This graph plots how this neighborhood falls on two of the most important and defining dimensions for a neighborhood - educational attainment of adults living in the neighborhood, and household income. The current real estate vacancy rate here is 25.4%. Forecasts of potential occurrences or non-occurrences of future conditions and events are inherently uncertain. The average monthly cost of a studio apartment in the Energy Corridor sits at $1,050. [3] These parks are located within Barker Reservoir and Addicks Reservoir, respectively, which comprise a major flood control system for Buffalo Bayou. Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.6% of all neighborhoods in America. Foreign Born residents have immigrated to the United States from another country and may or may not be naturalized citizens. projection. Trails At Eldridge Parkway; The Passages at Rye 1255; Spencer Park Row; The Atlantic Memorial; LIST YOUR PROPERTY FOR RENT. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of 1=Limited The neighbors in the Energy Corridor Southeast neighborhood in Houston are lower-middle income, making it a below average income neighborhood. Based on historic trends, weather moving inland from the Gulf of Mexico poses a significant risk of creating damaging floods. The latter was built to serve employees of firms in the Energy Corridor. 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 Nothing contained in or Updated annually. Updated quarterly. Median household income provides the best measure of the budget of the typical family or other non-family household. The license plate on the Charger was stolen off another vehicle, according to police. Methodology: 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. Average market rent is exclusively developed by NeighborhoodScout. Plus, other outdoor venues like Typhoon Texas Waterpark, American Shooting Centers, hidden gem fishing spots, and excellent golf courses are plentiful in this corner of Houston. Two general aviation airports serve the Energy Corridor: West Houston Airport, near Addicks Reservoir, and Houston Executive Airport in unincorporated Waller County. Copyright 2000-2023 Location Inc. 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. Demographics, Crime Trends & Forecast: Reflects 2020 calendar year (latest available). The Energy Corridor is ideally located for enjoying the great outdoors, checking out great retail spots, sampling diverse local restaurants, and exploring the iconic venues of the Houston-The Woodlands-Sugar Land metropolitan area. Foreign Born residents have immigrated to the United States from another country and may or may not be naturalized citizens. The average student-teacher ratio is 11 to 1, which is notably low compared to national averages. Average annual rent as a percentage of property value. Equally important is the rate of people, particularly children, who live below the federal poverty line. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. The time is calculated for all residents working outside the home. These two elements more than most others, define a neighborhood and help to create its character. Local students can also enroll in nearby private schools. 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. 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. We measure the average annual increase or decrease in per capita income in the neighborhood over the most recent 5 years. In the Energy Corridor East neighborhood, 53.3% of the working population is employed in executive, management, and professional occupations. 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. The result? Apartment rent in Energy Corridor has increased by 3.8% in 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. James E. Taylor High School: James E. Taylor High School is a highly reputable 9-12 campus in Katy ISD that is routinely classed as one of the best high schools in Fort Bend County. The vacancy rate tracks around 3.8%. 1=Very Low These are lakes large enough to include recreation and scenic areas. 5=Strong Advantage. Energy Corridor East real estate is primarily made up of small (studio There isnt one neighborhood that is best for everyone. 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. Most of the residential real estate is renter occupied. The Terry Hershey Park Hike and Bike Trail is 7 minutes east of the Energy Corridor. 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. 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. 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. 4=High (Vacant units are counted separately.). Our data are calculated and updated every three months for each geography, approximately two months after the end of the previous quarter. Significantly, 5.2% of its residents five years old and above primarily speak Portuguese at home. 2=Low We then calculate the percentage change in population for each distance. 3 bedroom detached properties in the Energy Corridor can be expected to start around $220K and range upward to around $300K. GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT. The reduction is even more drastic when Still further, the quality of a child's education can vary significantly from neighborhood to neighborhood within any city or town. Use NeighborhoodScout to determine the quality of the specific schools that serve each neighborhood, whether it is served by 1 or multiple school districts. Your inquiry has been submitted successfully. 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. Crime risk data are updated annually. NeighborhoodScout has developed the first ever nationally comparable school ratings. The schools student-teacher ratio is reportedly 16 to 1, and teachers and staff members are highly rated by parents. 8,376,755. Disclaimer The Scout Vision Rising Star Index rates a neighborhoods 3 year appreciation forecast on a 1 -5 scale, from 1 (Very Low) to 5 (Rising Star). It is well-known for its commercial developments, possessing an astronomical 94,000 employees and more than 300 businesses in its employment center. 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. [47] In 2016, the British International School of Houston opened in Greater Katy to serve the district's large population of British expatriates. These are people currently active in the military. Same-sex couple data is available under Household Type.). In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.8%) and 6.3% of residents also ride the bus for their daily commute. The data reflect appreciation rates for the micro-neighborhood or neighborhood, not necessarily each individual property in the neighborhood. Another 2% of residents are biracial or multiracial. The district is located along Interstate 10 from Barker Cyprus to Kirkwood Road and continues south along the Eldridge Parkway to Briar Forest. Age groups present in the neighborhood, as a percentage of the total population. 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. serve this neighborhood. The average annual change in the vacancy rate in the neighborhood during the latest five years. The total level of water ranged from 4.5 feet (1.4m) to 5 feet (1.5m). American Shooting Centers is a versatile shooting range located less than 10 minutes away from the Energy Corridor. of India. Some neighborhoods have more internal cohesiveness than others. The percent of neighborhood residents who are seeking employment, but are currently unemployed. Rural: Neighborhoods consist mostly of open space or agricultural areas but also generally have around 100 residents per square mile. The average annual change in the vacancy rate in the neighborhood during the latest five years. The average annual change in homeownership rates in the neighborhood during the latest five years. This indoor amusement park contains a massive range of activities fit for all ages. This upstanding district serves 35,000 and contains many reputable campuses. In some cases, districts allow students to attend schools anywhere in the district. These are the predominate forms of housing in the neighborhood. The predominate size of homes in the neighborhood, based on the number of bedrooms. These are people currently active in the military. Please verify your identity through one of the following options. This neighborhood is located in the West section of Houston, TX. Crime, Price advantage over surrounding neighborhoods, Houston-The Woodlands-Sugar Land, TX Metro Area regional investment potential. Updated annually. Real Estate Values & Trends: Q3 2022. 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. 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. 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. Water gushes for days with no one stopping it, Couple had 'no respect' dumping close to a church, ABC13 viewer says. WebThe Energy Corridor is one of them. 26% of the neighborhoods population has some college education or an associates degree, while 31% of residents hold a bachelors degree. (We are not able to include same-sex marriages here because of data limitations. Coastal: Neighborhoods on the ocean or tidally influenced rivers. 5=Blue Chip. The AP enrollment rate is 31%, and the schools average graduation rate is 97%. Each neighborhood has a different mix of occupations represented, and together these help you understand the areas character. Energy Corridor Apartments for Rent. These two elements more than most others, define a neighborhood and help to create its character. Significantly, 13.4% of its residents five years old and above primarily speak African languages at home. "Match Any Neighborhood" calculates the Match Level of one neighborhood to another using more than 200 characteristics of each neighborhood. Income is measured either on a per capita basis or median household income. Parts of the district overlap with the Me 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. In some cases, districts allow students to attend schools anywhere in the district. The park features an artificial channel, a scenic wooden bridge, and seating areas. 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. There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. 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. Urban: Generally between 5,000 and 10,000 people per square mile, these are full built up places although not among the most dense in the country. 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: Other US patent applications are currently pending. The percent of all current neighborhood residents who were not living in the same house one year ago. of U.S. neighborhoods.