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Real Estate Prices & Overview

Greater Fifth Ward South median real estate price is $315,809, which is more expensive than 52.4% of the neighborhoods in Texas and 42.0% of the neighborhoods in the U.S.

The average rental price in Greater Fifth Ward South is currently $1,141, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.0% of Texas neighborhoods.

Greater Fifth Ward South is a suburban neighborhood (based on population density) located in Houston, Texas.

Greater Fifth Ward South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Greater Fifth Ward South neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Greater Fifth Ward South has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.0% 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.

Diversity

Did you know that the Greater Fifth Ward South neighborhood has more Brazilian and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Brazilian ancestry and 7.8% have African ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Greater Fifth Ward South neighborhood in Houston are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.1% of U.S. neighborhoods. With 35.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.7% 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 Greater Fifth Ward South neighborhood, 30.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.5%), and 16.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Greater Fifth Ward South neighborhood is English, spoken by 56.7% of households. Some people also speak Spanish (37.8%).

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 Greater Fifth Ward South neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (38.1%). There are also a number of people of Sub-Saharan African ancestry (8.1%), and residents who report African roots (7.8%), and some of the residents are also of Asian ancestry (5.1%), along with some Irish ancestry residents (1.5%), among others. In addition, 19.8% 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 Greater Fifth Ward South neighborhood spend between 15 and 30 minutes commuting one-way to work (57.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (65.9%) 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 (18.0%) . 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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