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Real Estate Prices & Overview

Kingwood Dr / Timber Shade Dr median real estate price is $383,229, which is more expensive than 70.4% of the neighborhoods in Texas and 55.1% of the neighborhoods in the U.S.

The average rental price in Kingwood Dr / Timber Shade Dr is currently $2,891, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.3% of the neighborhoods in Texas.

Kingwood Dr / Timber Shade Dr is a suburban neighborhood (based on population density) located in Houston, Texas.

Kingwood Dr / Timber Shade Dr real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Kingwood Dr / Timber Shade Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Kingwood Dr / Timber Shade Dr, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Kingwood Dr / Timber Shade Dr is very tight compared to the demand for property here.

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 Kingwood Dr / Timber Shade Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

With a real estate vacancy rate of only 0.0%, the Kingwood Dr / Timber Shade Dr neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, one way that the Kingwood Dr / Timber Shade Dr neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.0% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Kingwood Dr / Timber Shade Dr 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, 90.6% of the residential real estate here was built in this one time period.

People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Kingwood Dr / Timber Shade Dr neighborhood is wealthier than 95.8% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Kingwood Dr / Timber Shade Dr also has one of the lowest ratings of child poverty in the nation.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Kingwood Dr / Timber Shade Dr neighborhood may actually hold the key. 72.4% of its residents are married, which is a higher percentage than is found in 97.9% of the neighborhoods in America.

Also, a majority of the adults in the Kingwood Dr / Timber Shade Dr neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Texas by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 95.2% of the neighborhoods in Texas. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.

Occupations

Executives, managers and professionals make up 70.3% of the workforce in the Kingwood Dr / Timber Shade Dr neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.6% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Diversity

Did you know that the Kingwood Dr / Timber Shade Dr neighborhood has more Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Eastern European ancestry.

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 Kingwood Dr / Timber Shade Dr neighborhood in Houston are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 95.8% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Kingwood Dr / Timber Shade Dr neighborhood, 70.3% of the working population is employed in executive, management, and professional 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 18.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (7.7%), and 3.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Kingwood Dr / Timber Shade Dr neighborhood is English, spoken by 96.7% of households. Some people also speak Spanish (3.3%).

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 Kingwood Dr / Timber Shade Dr neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as English (20.2%). There are also a number of people of German ancestry (16.5%), and residents who report Irish roots (14.2%), and some of the residents are also of Mexican ancestry (10.4%), along with some French ancestry residents (4.8%), among others.

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 Kingwood Dr / Timber Shade Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (26.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.1%) drive alone in a private automobile to get to work. 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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