Cypress is a relatively large town located in the state of Texas. With a population of 202,936 people and 26 constituent neighborhoods, Cypress is the 14th largest community in Texas. Much of the housing stock in Cypress was built relatively recently. The construction of new real estate can often be taken as an indication that the local Cypress economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Cypress, where the median household income is $111,752.00.
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 86.48% of the workforce employed in white-collar jobs, well above the national average. Overall, Cypress is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Cypress who work in management occupations (15.77%), sales jobs (11.83%), and business and financial occupations (9.71%).
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: 11.34% 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.
Because of many things, Cypress is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Cypress really has some of the features that families look for when choosing a good community to raise children. Is Cypress perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
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 35.81 minutes, which is quite a bit higher than the national average.
The citizens of Cypress are among the most well-educated in the nation: 48.40% of adults in Cypress have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Cypress in 2018 was $41,622, which is wealthy relative to Texas and the nation. This equates to an annual income of $166,488 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 24.68% of the town’s residents. Important ancestries of people in Cypress include German, English, Irish, Italian, and French.
Cypress also has a high percentage of its population that was born in another country: 17.37%.
The most common language spoken in Cypress is English. Other important languages spoken here include Spanish and Vietnamese.