Cypress is a larger medium-sized town located in the state of Texas. With a population of 152,080 people and 15 constituent neighborhoods, Cypress is the 23rd largest community in Texas. Cypress has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Cypress, where the median household income is $109,539.00.
Cypress real estate is some of the most expensive in Texas, although Cypress house values don't compare to the most expensive real estate in the U.S.
Cypress is a decidedly white-collar town, with fully 86.43% of the workforce employed in white-collar jobs, well above the national average. Overall, Cypress is a town of professionals, sales and office workers, and managers. There are especially a lot of people living in Cypress who work in management occupations (15.58%), sales jobs (13.99%), and office and administrative support (10.48%).
Also of interest is that Cypress has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.44% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Cypress is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Cypress’s overall crime rate is lower than average for the country.
One downside of living in Cypress is that it can take a long time to commute to work. In Cypress, the average commute to work is 36.58 minutes, which is quite a bit higher than the national average.
Cypress is one of the most well-educated cities in the nation. 48.08% of adults in Cypress have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Cypress in 2018 was $41,649, which is wealthy relative to Texas and the nation. This equates to an annual income of $166,596 for a family of four. However, Cypress contains both very wealthy and poor people as well.
Cypress is an extremely ethnically-diverse town. The people who call Cypress home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cypress residents report their race to be White, followed by Black or African-American. Cypress also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 23.23% of the town’s residents. Important ancestries of people in Cypress include German, Irish, English, Italian, and French.
Cypress also has a high percentage of its population that was born in another country: 16.71%.
The most common language spoken in Cypress is English. Other important languages spoken here include Spanish and Vietnamese.