Income is measured either on a per capita basis or median household income. 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. Income is measured either on a per capita basis or median household income. The NeighborhoodScout search engine is covered under US Patents No. 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 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. Only NeighborhoodScout has nationally comparable school ratings that facilitate accurate comparison among schools, school districts, and neighborhoods in the same (or different) cities, and even between schools in different states. You can search for and find the best schools in any area. The percent of neighborhood residents who are seeking employment, but are currently unemployed. More diverse than These two elements more than most others, define a neighborhood and help to create its character. They may live on campus or in off campus housing. These are lakes large enough to include recreation and scenic areas. Are the trends in local vacancies or unemployment concerning? The average rental price in Energy Corridor Southeast is currently $1,945, based on NeighborhoodScout's exclusive analysis. This school has impressive college preparatory programs, and the AP enrollment rate sits at 37%. per year: 16.8%). This makes comparisons of house appreciation rates equally easy for professional investors and individual homebuyers. Remote: Neighborhoods with the fewest people per square mile in the nation, generally less than 100 per square mile. Date(s) & Update Frequency: The average student-teacher ratio is 11 to 1, which is notably low compared to national averages. We measure the average annual increase or decrease in per capita income in the neighborhood over the most recent 5 years. Our nationally-comparable school ratings are covered under US Patent No. Test Scores: Edfacts (U.S. Department of Education), State departments of education. Home Values, Rents: Reflects Q3 2022. merchantability and fitness for a particular purpose. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. There isnt one neighborhood that is best for everyone. Rural: Neighborhoods consist mostly of open space or agricultural areas but also generally have around 100 residents per square mile. There are also a number of people of Armenian ancestry (8.8%), and residents who report Mexican roots (8.3%), and some of the residents are also of Swedish ancestry (8.1%), along with some French ancestry residents (7.3%), among others. Regional Appreciation Potential (3yr) Each neighborhood has a different mix of occupations represented, and together these help you understand the areas character. 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. Appreciation Potential (3 years) The measure is defined as the number of vehicles registered per household, as a percentage of all households in the neighborhood. Scout Visions exclusive Price Advantage Score compares home values per square foot in the neighborhood to other neighborhoods nearby. Line 75, originally known as the Energy Corridor Connector, operates during weekdays. Lakefront: The neighborhood includes shoreline on a significant body of freshwater. Discover your neighborhood's best match, anywhere. Westpark Tollway runs south of the Energy Corridor, and the Sam Houston Tollway can be readily accessed just east of the neighborhoods borders. Real Estate Value Forecasts & Regional Analysis: Updated Quarterly. Are the trends in local vacancies or unemployment concerning? [52], In 2015 Energy Corridor Cricket, a children's cricket club, was established. We used Geographic Information Science to create a population surface for the entire United States, and then sum the population 5 years ago, and today within 8 different distances from the subject location, ranging from mile up to 50 miles. 80% is a very good, but not excellent match, and so forth. 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. Raw data sources: 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. From $382,000, the Energy Corridor median sales price increased to $420,000. The Energy Corridor is home to the national or international headquarters of the following companies: Shell Oil Company, the fifth-largest employer in the Energy Corridor, operates a large campus in the district. merchantability and fitness for a particular purpose. Culture is the shared learned behavior of peoples. The Terry Hershey Park Hike and Bike Trail is 7 minutes east of the Energy Corridor. 4=Very Good Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. 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. Even if your neighborhood is walkable, you may still have to drive to your place of work. The length of the bars indicate the percentage of neighborhoods in America that this neighborhood is more family-friendly than, more college student friendly than, more luxurious than, and so forth. There isnt one neighborhood that is best for everyone. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of 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. 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. This might include anything from the housing stock to the types of households living here to how people get around. Crime risk indices are nationally comparable on a 1 100 scale, where 100 means safer than 100% of U.S. neighborhoods. RATINGS: Significantly, 5.2% of its residents five years old and above primarily speak Portuguese at home. RATINGS: 2. Marital status is defined based on the percentage of residents who are 18 and over. 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. The proportion of homes and apartments in the neighborhood built within a certain time period. Parts of the district overlap with the Me Appreciation Potential (3 years) By sending this Report you agree to NeighborhoodScout's, Notable & Unique Neighborhood Characteristics, My Chances of Becoming a Victim of a of U.S. neighborhoods. In a nation where 1 out of every 4 children lives in poverty, the Energy Corridor East neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue. 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. Violent This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations. Crime risk data are updated annually. Local property crimes track 18% over the U.S. average. 3=Moderate This public school educates around 350 students across its grade levels. NeighborhoodScout provides exclusive crime risk analytics for every neighborhood in America with up to 98% predictive accuracy. Here's what surveillance video shows. serve this neighborhood. 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. Test data: Reflects 2018 2019 school year. 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. [1] Non-energy firms also have a presence; Sysco and Gulf States Toyota Distributors are both headquartered in the district. Students at this school perform well on state standardized tests, and the campus also offers a gifted and talented program. Energy Corridor Southeast is a densely urban neighborhood (based on population density) located in Houston, Texas. Apart from slight fluctuations, property values in the district remain strong. RATINGS: The average monthly cost of a studio apartment in the Energy Corridor sits at $1,050. The Regional Housing Affordability Index is reassessed and recalculated annually. Reflects 2021 calendar year; released from FBI in Oct. 2022 (latest available). A corporate beacon in the Energy Corridor Corporate guests can expect proximity to Fortune 500 oil and gas companies and just a 20-minute drive to downtown Houston. 26% of the neighborhoods population has some college education or an associates degree, while 31% of residents hold a bachelors degree. The 75 connector also connects with routes along Westheimer Road and Memorial Drive. 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. Other US patent applications are currently pending. Additionally, Downtown Houston is less than 20 miles east of the neighborhood, which means even more of the citys iconic attractions are short drives away. Marital Statuses include:Married, Divorced, Widowed and Single (Never Married). Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. 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. 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. As of February 2023, the average apartment rent in Energy Corridor is $852 for a studio, $1,331 for one bedroom, $1,631 for two bedrooms, and $1,819 for three bedrooms. 4=Very Good The AP enrollment rate is 31%, and the schools average graduation rate is 97%. 42% of the Energy Corridor housing options are owner-occupied properties, and 58% are rented residences. 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. 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 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. We used Geographic Information Science to create a population surface for the entire United States, and then sum the population 5 years ago, and today within 8 different distances from the subject location, ranging from mile up to 50 miles. Larger 3 bedroom apartments in the neighborhood average around $1,640 per month. In fact, 8.8% of this neighborhood's residents have Armenian ancestry and 15.5% have Jamaican ancestry. NeighborhoodScout analysis shows that this rate is lower than 55.4% of the neighborhoods in the nation, approximately near the middle range for vacancies. 5=Strong Advantage. Is the risk of home break-ins or other property crimes increasing? Lakefront: The neighborhood includes shoreline on a significant body of freshwater. Popular Listings. Major landmarks include Memorial City Average market rent is exclusively developed by NeighborhoodScout. Notably, 68% of students at this school qualify for free or reduced lunches. - neighborhood educational ratings that facilitate accurate comparison among schools, school districts, and neighborhoods in the same (or different) cities, and even between schools in different states. View rentals, browse photos and more! The library afterward enacted a $4 million project post-Harvey renovation program with a tentative 2019 opening.[50]. 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. The percent of neighborhood residents who are seeking employment, but are currently unemployed. Updated annually. Stratford High School: Stratford High School is an outstanding 9-12 campus in Spring Branch ISD. The average annual change in homeownership rates in the neighborhood during the latest five years. Another NeighborhoodScout exclusive. WebWestside Division provides police services to Districts 19 and 20, a 68 square mile area with an estimated residential population of 310,000. All risks associated with using the site and the data are borne by the user at Very high values show a lack of stability in the neighborhood. Due to Covid-19, complete standardized testing did not take place during the 2020-2021 academic school year. Depending on where you live in the neighborhood, your children may attend certain schools from the above list and not others. annual change in K-12 school performance, Housing Affordability Trends: Scout Visions exclusive Blue Chip Index rates a neighborhoods past performance and current fundamentals on a 1 - 5 scale. These are lakes large enough to include recreation and scenic areas. Updated annually. 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). Utility payments are not included. This campus is notably diverse and has an upstanding student academic achievement record. Median home value is the value which has equal numbers of homes valued above and below it. 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. any warranties of any kind. Methodology: American Shooting Centers is a versatile shooting range located less than 10 minutes away from the Energy Corridor. George Bush Park is a nearby county park within Barker Reservoir. Read more. The schools average graduation rate is 93%. The average annual change in the vacancy rate in the neighborhood during the latest five years. Depending on where you live in the neighborhood, your children may attend certain schools from the above list and not others. 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. 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. 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. The percent of all current neighborhood residents who were not living in the same house one year ago. More diverse than Quiet and sophisticated? Only NeighborhoodScout has nationally comparable school ratings that facilitate accurate comparison among schools, school districts, and neighborhoods in the same (or different) cities, and even between schools in different states. The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.0% of the neighborhoods in America. [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. The district is located along Interstate 10 from Barker Cyprus to Kirkwood Road and continues south along the Eldridge Parkway to Briar Forest. Enbridge has subleased nine floors in the Energy Center Five building at 915 N. Eldridge Parkway from Houston-based McDermott International Inc. Thats roughly half of the 18-story, 524,323-square-foot building, which was completed in 2016. Apartment rent in Energy Corridor has increased by 3.8% in Then every neighborhood is ranked relative to both other neighborhoods in the region and all other neighborhoods in the nation. Average annual rent as a percentage of property value. The NeighborhoodScout search engine is covered under US Patents No. This upstanding district serves 35,000 and contains many reputable campuses. Call Leasing (877) 683-4359 Approximate Starting Prices For This Area 1 Month Lease call for rates 2 Month Lease call for rates 3 Months or Longer from $90/night List View Map View Educational Environment: 2020 (latest available). If you need to urgently 4=High Farms: Agricultural land uses are a significant part of the neighborhood and contribute to its character. The predominate size of homes in the neighborhood, based on the number of bedrooms. The grainy footage in the video player above shows a black four-door Charger approaching the victim. 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. 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. Very high values show a lack of stability in the neighborhood. We calculate rental price trends as the average annual change in market rent paid in the neighborhood over the latest 5 years. There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. Loosely bound to the area north of Interstate 10, the area is home to many successful energy industry-related companies. 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. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research. Visitors also frequent this location to explore paved jogging and biking trails. 21% of the population is of Asian descent, and 21% of residents are African American. of India. The victim told police that the suspects pulled up to the front of his driveway and got out of the Charger, with one of the suspects pointing a handgun at him. 4=Advantage These are the most common groups that neighborhood residents self- report as their ancestry. 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. Location Inc. further disclaims any liability for damages, loss, or injury Median home value is the value which has equal numbers of homes valued above and below it. Foreign Born residents have immigrated to the United States from another country and may or may not be naturalized citizens. A neighborhoods character describes its personality and the feeling one gets when experiencing the neighborhood as a true resident. They may live on base or off base. Katy ISD contains many National Blue Ribbon Schools and offers AP and college preparatory programs. People have personalities, and so do neighborhoods. WebEnergy Corridor Living *Secure screening process for residents, including background check, verifiable income and credit history required. As the neighborhoods name implies, the Energy Corridor contains many energy firms and the major operations of energy companies. The average nearby price per square foot is based on other locations a short drive away from the neighborhood. generated by a Location Inc. product or services is, or should be relied upon as, a promise or representation as to the future [53], See: List of colleges and universities in Houston, Coordinates: 2946N 9538W / 29.77N 95.63W / 29.77; -95.63. [1][2] Parts of the district overlap with the Memorial area of Houston. 5=Rising Star. That said, attached residences are few in number in the area. 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. The Regional Housing Affordability Index is reassessed and recalculated annually. Additionally, Le Mistral is a mainstay French restaurant. Another 11.8% of properties in the Energy Corridor vary between $336K-$448K, while about 10% of other properties range over $448K. 3=Moderate Local students can also enroll in nearby private schools. Mouse over the descriptions next to the plotted dot for further definition. The market rental prices may be low, but are they going up? 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. Outstanding schools and very family oriented. Expenditures: National Center for Education Statistics. 4=High All the trademarks displayed on this page are the property of Location, Inc. [38], Two-thirds of the district's employees live within a "commute zone" spread across northern Fort Bend County, western Harris County, and southern Waller County. Densely Urban: With densities above 10,000 people per square mile these are some of the densest neighborhoods in the nation. It reveals the average monthly rent paid for market rate apartments and rental homes in the neighborhood, excluding public housing. The current real estate vacancy rate here is 25.4%. Crime, My Chances of Becoming a Victim of a Violent The Energy Corridor is a business district in Houston, Texas, located on the west side of the metropolitan area between Beltway 8 and the Grand Parkway. (Note that smaller lakes are not included, or neighborhoods that have little shoreline on a lake, relative to the size of the entire neighborhood). Copyright 2000-2023 Location Inc. 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. This is higher than the rate of vacancies in 91.3% of all U.S. neighborhoods. These are tabulated as the languages people preferentially speak when they are at home with their families. Energy Corridors overall crime rates are 40% lower than the citys average and 17% higher than the national average. Disclaimer Explore the Terry Hershey Park Hike and Bike Trail. 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. Energy Corridor East real estate is primarily made up of small (studio Students in eastern sections of the neighborhood are directed to Spring Branch ISD schools. user's sole cost and expense. In fact, the neighborhood is the second largest employment center in the region. Average market rent is exclusively developed by NeighborhoodScout. Methodology: Enter your name and email address below and we'll send you a comprehensive guide of the Energy Corridor neighborhood for free! 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. Larger 4 bedroom family homes in the neighborhood can have low list prices around $320K, but the majority of prices will be over the $350K mark. Only NeighborhoodScout gives you nationally comparable school rankings based on test scores, so you can directly compare the quality of schools in any location. Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Select your ideal criteria and let Scout do the rest. 2020 (latest available). In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. The neighbors in the Energy Corridor Southeast neighborhood in Houston are lower-middle income, making it a below average income neighborhood. This campus has excellent extracurricular activities, a gifted and talented program, and notably qualified teachers. performance or prediction of real estate values. List prices in the Energy Corridor have increased approximately 40% between January 2010 and January 2020. No representation is made as to the accuracy of any forecast, estimate, or Even larger 5 properties can start around $400K and range into the millions. You can easily find 3400 SQFT house in katy with that kind of money. To give a broad picture of the neighborhoods real estate market, less than 10% of properties in the neighborhood are worth under $112K. This smaller private school has a play-based curriculum, and around 270 students attend this campus. Energy industry corporations began moving to west Houston in the 1970s, seeking land for suburban office campuses and proximity to new housing developments. 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. The Houston Funplex is less than a 20 minute drive directly south of the Energy Corridor. 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. Median household income provides the best measure of the budget of the typical family or other non-family household. 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. Another NeighborhoodScout exclusive. 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. NeighborhoodScout uses the official government designation for neighborhoods - the census tract. Very low values may represent insularity to outsiders. 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. RATINGS: 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). Read more about Scout's Crime Data. Houston, TX (Prestonwood Forest Dr / Cypresswood Dr), Houston, TX (Butte Creek Rd / Elk River Rd). 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. Why we don't use Zip Codes as neighborhoods. Is This Correct 47% of residences have 3 bedrooms, and 30% of properties have 4 bedrooms, which indicates that 6% of other housing options have 5 or more bedrooms. 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. Fitness for a particular purpose in 2015 Energy Corridor Cricket, a 68 mile! Case in neighborhoods dominated by new construction that is not yet occupied houston energy corridor crime household income every. Seeking land for suburban office campuses and proximity to new housing developments safer! States from another country and may or may not be naturalized citizens diverse and has an upstanding student academic record... Le Mistral is a mainstay French restaurant your ideal criteria and let scout do the rest Shooting is... To new housing developments curriculum, and the feeling one gets when experiencing the neighborhood, based on number... Calendar year ; released from FBI in Oct. 2022 ( latest available.. Tracts contained within them Corridor housing options are owner-occupied properties, and major. 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