El Paseo St / Cambridge St median real estate price is $217,532, which is less expensive than 67.6% of Texas neighborhoods and 77.4% of all U.S. neighborhoods.
The average rental price in El Paseo St / Cambridge St is currently $1,630, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.5% of Texas neighborhoods.
El Paseo St / Cambridge St is a densely urban neighborhood (based on population density) located in Houston, Texas.
El Paseo St / Cambridge St 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 El Paseo St / Cambridge St 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.
In El Paseo St / Cambridge St, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 84.6% of all neighborhoods in the U.S. This means that the housing supply in El Paseo St / Cambridge St is very tight compared to the demand for property here.
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 El Paseo St / Cambridge St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The El Paseo St / Cambridge St 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 98.1% 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.
In addition, 100.0% of the real estate in the El Paseo St / Cambridge St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the El Paseo St / Cambridge St stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 83.5% of the residential real estate here was built in this one time period.
Also of note, if you like crowded places, then you will probably enjoy the the El Paseo St / Cambridge St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.6% of neighborhoods in the U.S., with 23,108 people per square mile living here.
Finally, one of the really unique and interesting things about the look and setting of the El Paseo St / Cambridge St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 70.5% 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 95.1% of all neighborhoods in America.
One of the most interesting things about the El Paseo St / Cambridge St neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 55.4% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.7% of the neighborhoods in America.
In addition, an extraordinary 17.8% of the residents of the El Paseo St / Cambridge St 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.
Also, the El Paseo St / Cambridge St neighborhood stands out within Texas for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.8% of college-friendly places to live in TX.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the El Paseo St / Cambridge St neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas. What is also interesting to note, is that the El Paseo St / Cambridge St neighborhood has a greater percentage of residents born in another country (46.2%) than are found in 96.4% of all U.S. neighborhoods.
Did you know that the El Paseo St / Cambridge St neighborhood has more British and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have British ancestry and 5.3% have Jamaican ancestry.
El Paseo St / Cambridge St is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.
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 El Paseo St / Cambridge St 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 88.2% of U.S. neighborhoods. In addition, 8.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 55.3% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the El Paseo St / Cambridge St neighborhood, 69.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 21.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (5.7%), and 3.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 El Paseo St / Cambridge St neighborhood is English, spoken by 65.9% of households. Other important languages spoken here include Chinese, Langs. of India, Spanish and Vietnamese.
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the El Paseo St / Cambridge St neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Asian (32.6%). There are also a number of people of Mexican ancestry (13.7%), and residents who report Sub-Saharan African roots (8.1%), and some of the residents are also of English ancestry (5.3%), along with some Jamaican ancestry residents (5.3%), among others. In addition, 46.2% of the residents of this neighborhood were born in another country.
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 El Paseo St / Cambridge St neighborhood spend between 15 and 30 minutes commuting one-way to work (58.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.8%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (7.3%) and 7.0% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
