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Real Estate Prices & Overview

Hollow Tree Ln / Westfeild Place Dr median real estate price is $282,275, which is more expensive than 52.7% of the neighborhoods in Texas and 39.1% of the neighborhoods in the U.S.

The average rental price in Hollow Tree Ln / Westfeild Place Dr is currently $1,571, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.7% of Texas neighborhoods.

Hollow Tree Ln / Westfeild Place Dr is an urban neighborhood (based on population density) located in Houston, Texas.

Hollow Tree Ln / Westfeild Place Dr 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Hollow Tree Ln / Westfeild Place Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Hollow Tree Ln / Westfeild Place Dr. The current real estate vacancy rate here is 22.9%. This is higher than the rate of vacancies in 90.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Houston, the Hollow Tree Ln / Westfeild Place Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Renter-occupied real estate is dominant in the Hollow Tree Ln / Westfeild Place Dr neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, one of the really unique and interesting things about the look and setting of the Hollow Tree Ln / Westfeild Place Dr neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 89.6% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.1% of all neighborhoods in America.

Furthermore, the Hollow Tree Ln / Westfeild Place Dr 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. 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. With 84.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Hollow Tree Ln / Westfeild Place Dr neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.2% of all American neighborhoods.

People

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 53.4%. This is a higher percent living alone than we found in 97.2% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

In addition, an extraordinary 11.9% of the residents of the Hollow Tree Ln / Westfeild Place Dr neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Diversity

Did you know that the Hollow Tree Ln / Westfeild Place Dr neighborhood has more African and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.4% of this neighborhood's residents have African ancestry and 2.6% have Welsh ancestry.

Hollow Tree Ln / Westfeild Place Dr is also pretty special linguistically. Significantly, 2.3% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 96.7% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. 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. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Hollow Tree Ln / Westfeild Place Dr neighborhood in Houston are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.9% of U.S. neighborhoods. With 44.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.5% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Hollow Tree Ln / Westfeild Place Dr neighborhood, 41.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 25.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.0%), and 13.8% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Hollow Tree Ln / Westfeild Place Dr neighborhood is English, spoken by 83.3% of households. Other important languages spoken here include Spanish and Korean.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Hollow Tree Ln / Westfeild Place Dr neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (12.0%). There are also a number of people of Mexican ancestry (10.4%), and residents who report African roots (8.4%), and some of the residents are also of English ancestry (3.1%), along with some Scottish ancestry residents (2.7%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Hollow Tree Ln / Westfeild Place Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (44.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (84.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (10.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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