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Real Estate Prices & Overview

Ih 45 Hov Fwy / North Fwy median real estate price is $171,571, which is less expensive than 76.2% of Texas neighborhoods and 82.5% of all U.S. neighborhoods.

The average rental price in Ih 45 Hov Fwy / North Fwy is currently $1,143, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.9% of Texas neighborhoods.

Ih 45 Hov Fwy / North Fwy is a suburban neighborhood (based on population density) located in Houston, Texas.

Ih 45 Hov Fwy / North Fwy 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Ih 45 Hov Fwy / North Fwy neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Ih 45 Hov Fwy / North Fwy has a 12.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

One of the unique characteristics of the Ih 45 Hov Fwy / North Fwy neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.1% of the neighborhoods in America.

In addition, 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: 54.8%. This is a higher percent living alone than we found in 97.6% 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.

Also, neighborhoodScout's exclusive research revealed that 95.1% of the adult residents in the Ih 45 Hov Fwy / North Fwy neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.3% of the neighborhoods in America.

Occupations

More people work in manufacturing and as laborers here in the Ih 45 Hov Fwy / North Fwy neighborhood than in 95.1% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Diversity

Did you know that the Ih 45 Hov Fwy / North Fwy neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 66.9% of this neighborhood's residents have Mexican ancestry.

Ih 45 Hov Fwy / North Fwy is also pretty special linguistically. Significantly, 56.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.0% of all U.S. neighborhoods.

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 Ih 45 Hov Fwy / North Fwy 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 99.1% of U.S. neighborhoods. With 19.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.6% of U.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 Ih 45 Hov Fwy / North Fwy neighborhood, 41.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.1%), and 10.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the Ih 45 Hov Fwy / North Fwy neighborhood is Spanish, spoken by 56.4% of households. Some people also speak English (43.0%).

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 Ih 45 Hov Fwy / North Fwy neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (66.9%). There are also a number of people of German ancestry (2.4%), and residents who report Sub-Saharan African roots (2.4%), and some of the residents are also of African ancestry (2.4%), along with some English ancestry residents (1.5%), among others. In addition, 25.7% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. 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. The greatest number of commuters in Ih 45 Hov Fwy / North Fwy neighborhood spend between 15 and 30 minutes commuting one-way to work (47.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.2%) 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 (17.7%) . 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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