Is the risk of home break-ins or other property crimes increasing? 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. The Terry Hershey Park Hike and Bike Trail is 7 minutes east of the Energy Corridor. As the Index approaches historical highs, it can be a warning of an overheated housing market that may be due for a pricing correction. of U.S. neighborhoods. Are the trends in local vacancies or unemployment concerning? Location Inc. further disclaims any liability for damages, loss, or injury 4=High 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. Violent crime is 7% more frequent than national rates. Other important languages spoken here include Spanish, Portuguese, African languages and Langs. From $382,000, the Energy Corridor median sales price increased to $420,000. 7,043,501 and 7,680,859. 18,000 local law enforcement agencies in the U.S. Although blizzards are rare in Houston, strong winter storms and heavy snows cause dangerous conditions. 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. Very low values may represent insularity to outsiders. Price advantage score Discover your neighborhood's best match, anywhere. Seeing as Downtown Houston and Sugar Land are both roughly 20 minute drives from the neighborhood, even more fantastic locations are easily accessed by Energy Corridor residents. Asian and Hispanic residents may identify with one of the more specific subcategories. This smaller private school has a play-based curriculum, and around 270 students attend this campus. 4=Very Good The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of 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. George Bush Park is a nearby county park within Barker Reservoir. 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. Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. The average rental cost in this neighborhood is higher than 60.0% of the neighborhoods in Texas. RATINGS: 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. 3=Similar Price NeighborhoodScout uses over 600 characteristics to build a neighborhood profile Places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. 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. Real Estate Value Forecasts & Regional Analysis: Updated Quarterly. Homes include single family houses as well as apartment and condominium units. The languages spoken by people in this neighborhood are diverse. SCOUTs patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. We measure the average annual increase or decrease in household income in the neighborhood over the most recent 5 years. Even larger 5 properties can start around $400K and range into the millions. Updated annually. In this example, the neighborhood is one of the highest appreciating in the nation over the last 5-years, but is only average in appreciation for the same period relative to other neighborhoods in the Santa Cruz-Watsonville, CA Metro Area. Please verify your identity through one of the following options. Scout Visions exclusive Blue Chip Index rates a neighborhoods past performance and current fundamentals on a 1 - 5 scale. Other US patent applications are currently pending. 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. Different micro-neighborhoods within a city or town can have drastically different home appreciation rates. Energy Corridor Southeast. NeighborhoodScout vividly reveals such differences. One man was found dead and another in critical condition suffering multiple gunshot wounds Friday night near the Energy Corridor, according to police. Home Values, Rents: Reflects Q3 2022. 3=Similar Price 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. Property 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 average rental price in Energy Corridor Southeast is currently $1,945, based on NeighborhoodScout's exclusive analysis. The map shows where residents in Energy Corridor and surrounding areas believe are the best These two elements more than most others, define a neighborhood and help to create its character. You can search for and find the best schools in any area. The median home value is more stable than the average home value, which can be greatly affected by a few very high or very low home values. Read more. 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. Median sales price jumped to 10% in the past year. Apartment rent in Energy Corridor has increased by 3.8% in We measure the average annual increase or decrease in per capita income in the neighborhood over the most recent 5 years. 1=Very Low WebThe Best Neighborhoods in Energy Corridor, Houston, TX by Home Value. Real Estate Value Forecasts & Regional Analysis: Updated Quarterly. The license plate on the Charger was stolen off another vehicle, according to police. 5=Blue Chip. We then calculate the percentage change in population for each distance. 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. 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. 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. The estimated median sales price in the Energy Corridor is $340K. The vacancy rate tracks around 3.8%. WebWestside Division provides police services to Districts 19 and 20, a 68 square mile area with an estimated residential population of 310,000. Raw data sources: This campus has excellent extracurricular activities, a gifted and talented program, and notably qualified teachers. 42% of the Energy Corridor housing options are owner-occupied properties, and 58% are rented residences. If you know any information regarding this incident, you are urged to call Crime Stoppers at 713-222-8477. The student-teacher ratio is 9 to 1, and the average graduation rate is 100%. 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. 1=Limited Less than 1% of properties in the neighborhood were built in or before 1939, and under 10% of other properties were built between 1940-1969. Age groups present in the neighborhood, as a percentage of the total population. In fact, our nationally comparable school ratings are patented. Occupations are calculated as a percentage of all working adults. The current real estate vacancy rate here is 25.4%. West Briar Middle School: West Briar Middle School is a 6-8 Houston ISD campus with an average student-teacher ratio of 18 to 1. per year: 16.8%). More diverse than 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. Updated annually. 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. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.0% of the neighborhoods in America. Two general aviation airports serve the Energy Corridor: West Houston Airport, near Addicks Reservoir, and Houston Executive Airport in unincorporated Waller County. The latter was built to serve employees of firms in the Energy Corridor. 1=Strong Disadvantage Why we don't use Zip Codes as neighborhoods. It's true! Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. The average nearby price per square foot is based on other locations a short drive away from the neighborhood. 2=Below Average Please take a moment and share your experience about this neighborhood with other people who are planning to move in here. 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. All the trademarks displayed on this page are the property of Location, Inc. Median home value is the value which has equal numbers of homes valued above and below it. Local bike trails and paved hiking paths are as numerous as they are scenic. 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