WebEnergy Corridor East is a suburban neighborhood (based on population density) located in Houston, Texas. 80% is a very good, but not excellent match, and so forth. 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. [15], Historically, the Energy Corridor has been one of Houston's strongest office markets. Energy Corridor East 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 townhomes. Copyright 2000-2023 Location Inc. The Energy Corridor is a business district in Greater Houston, Texas, located on the west side of the metropolitan area between Beltway 8 and the Grand Parkway. HOUSTON, Texas (KTRK) -- Police are looking for two robbery suspects who came face-to-face with a man in his own driveway, demanding cash as he stepped out of Read more about Scout's School Data. The local job market and economy is understandably well-rated, and because the neighborhood includes many employment opportunities, a large portion of residents have exceedingly short commutes. Notably, 68% of students at this school qualify for free or reduced lunches. 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. Real Estate Value Forecasts & Regional Analysis: Updated Quarterly. Oct. 17, 2022. 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. Why we don't use Zip Codes as neighborhoods. In the Energy Corridor East neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Jamaican (15.5%). The estimated median household income is $86K. * 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. 4=High 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. 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. 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. 1=Very Low Read Scouts definitions for each Lifestyle. Where the two intersect is where the dot is plotted representing this neighborhood. Demographics, Crime Trends & Forecast: Reflects 2020 calendar year (latest available). The proportion of homes and apartments in the neighborhood built within a certain time period. Please note: Unemployment data updated November 2022. 2=Low Read more about Scout's Demographic Data. Anderson Cancer Center. People have personalities, and so do neighborhoods. Densely Urban: With densities above 10,000 people per square mile these are some of the densest neighborhoods in the nation. Enter your name and email address below and we'll send you a comprehensive guide of the Energy Corridor neighborhood for free! Vacant apartments or homes are a major fact of life in Energy Corridor East. Our nationally-comparable school ratings are covered under US Patent No. Forecasts of potential occurrences or non-occurrences of future conditions and events are inherently uncertain. 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? 2020 (latest available). The percentage of adults aged 25 and older that have attained at least a 4 year college degree like a BA. Asian and Hispanic residents may identify with one of the more specific subcategories. Each is on a scale from 0 to 100. 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. The license plate on the Charger was stolen off another vehicle, according to police. Students living in the southern section of the neighborhood are directed to attend Houston ISD schools. Crime risk data are updated annually. Another 23% of residents have earned a masters degree or a higher degree. They may live on campus or in off campus housing. As the Index approaches historical highs, it can be a warning of an overheated housing market that may be due for a pricing correction. [51] These trails connect the district to George Bush Park to the southwest. 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 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. The district is located north of Westchase, another major business district of Houston, and east of Greater Katy. The average nearby price per square foot is based on other locations a short drive away from the neighborhood. 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. If you live here, you may find that a number of buildings in your neighborhood are actually empty. Property 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. 4=High Raw data sources: There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. Are the trends in local vacancies or unemployment concerning? This outstanding middle school has an excellent reputation, impeccable academic standing, and a diverse student population. The predominate size of homes in the neighborhood, based on the number of bedrooms. Each is on a scale from 0 to 100. 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 look and feel of the neighborhood, from high rises on the coast, to rural farmlands. Very low values may represent insularity to outsiders. 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. 5=Strong Advantage. 4=High 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. 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. Typhoon Texas Waterpark is located roughly 11 miles west of the Energy Corridor in neighboring Katy, Texas. NeighborhoodScout analysis shows that this rate is lower than 55.4% of the neighborhoods in the nation, approximately near the middle range for vacancies. More high-end attached properties with 3 bedroom layouts in this corner of Houston tend to range between $400K-$500K. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. The time is calculated for all residents working outside the home. (Vacant units are counted separately.). Updated annually. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations. Did you know that the Energy Corridor East neighborhood has more Armenian and Jamaican ancestry people living in it than nearly any neighborhood in America? Also, the estimated odds of experiencing a crime here are 1 in 34. generated by a Location Inc. product or services is, or should be relied upon as, a promise or representation as to the future To give a broad picture of the neighborhoods real estate market, less than 10% of properties in the neighborhood are worth under $112K. Updated Quarterly. Expenditures: National Center for Education Statistics. 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 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. One man was found dead and another in critical condition suffering multiple gunshot wounds Friday night near the Energy Corridor, according to police. As this ratio becomes high, it becomes more difficult for local wages to support housing prices. Meanwhile, Interstate 610 is farther east of the neighborhood, and Interstate 69 runs south of the Energy Corridor. Living In Energy Corridor, Houston, TX. 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. College graduates are defined here as adults 25 and older with at least a 4-year college degree. The Houston Funplex offers a variety of live shows, classic carnival attractions, a bowling alley, an arcade section, and a themed roller skating rink. We measure the average annual increase or decrease in per capita income in the neighborhood over the most recent 5 years. This residential area is considered safer than 39% of other cities in the state. Median sales price jumped to 10% in the past year. 2 bedroom apartments in the Energy Corridor come with an average monthly rent of $1,440. Is the risk of home break-ins or other property crimes increasing? [48], The Houston Public Library operates the Kendall Neighborhood Library on Eldridge Parkway. A reported 56% of students at this campus qualify for free or reduced lunches. Regional Appreciation Potential (3yr) NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood. 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. Always check with your local school department to determine which schools your children may attend based on your specific address and your child's grade-level. [39], The southern, western and eastern areas of the Energy Corridor are served by Houston Independent School District, Katy Independent School District, and Spring Branch Independent School District, respectively. Utility payments are not included. Then every neighborhood is ranked relative to both other neighborhoods in the region and all other neighborhoods in the nation. Median household income provides the best measure of the budget of the typical family or other non-family household. All the trademarks displayed on this page are the property of Location, Inc. Although blizzards are rare in Houston, strong winter storms and heavy snows cause dangerous conditions. 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. All the trademarks displayed on this page are the property of Location, Inc. These two elements more than most others, define a neighborhood and help to create its character. The Terry Hershey Park Hike and Bike Trail is 7 minutes east of the Energy Corridor. These are tabulated as the languages people preferentially speak when they are at home with their families. This campus has excellent extracurricular activities, a gifted and talented program, and notably qualified teachers. Apartment rent in Energy Corridor has increased by 3.8% in Energy Corridors overall crime rates are 40% lower than the citys average and 17% higher than the national average. 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