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Real Estate Prices & Overview

Versailles Dr / Rue Fontaine Ln median real estate price is $217,578, which is more expensive than 35.5% of the neighborhoods in Texas and 26.4% of the neighborhoods in the U.S.

The average rental price in Versailles Dr / Rue Fontaine Ln is currently $1,547, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.4% of Texas neighborhoods.

Versailles Dr / Rue Fontaine Ln is an urban neighborhood (based on population density) located in Houston, Texas.

Versailles Dr / Rue Fontaine Ln 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 occupied by a mixture of owners and renters. Many of the residences in the Versailles Dr / Rue Fontaine Ln 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.

Versailles Dr / Rue Fontaine Ln has a 10.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.2% 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

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 Versailles Dr / Rue Fontaine Ln neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Single parenting is hard. But you don't have to tell the Versailles Dr / Rue Fontaine Ln neighborhood about it; they already know. 26.0% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.0% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Occupations

More people work in manufacturing and as laborers here in the Versailles Dr / Rue Fontaine Ln neighborhood than in 96.0% 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.

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 Versailles Dr / Rue Fontaine Ln 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 78.7% of U.S. neighborhoods. With 18.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.0% 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 Versailles Dr / Rue Fontaine Ln neighborhood, 43.0% 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 31.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.1%), and 10.7% in executive, management, and professional occupations.

Languages

The most common language spoken in the Versailles Dr / Rue Fontaine Ln neighborhood is Spanish, spoken by 53.9% of households. Some people also speak English (43.7%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Versailles Dr / Rue Fontaine Ln neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (49.2%). There are also a number of people of Italian ancestry (3.3%), and residents who report Asian roots (2.9%). In addition, 33.2% 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 Versailles Dr / Rue Fontaine Ln neighborhood spend under 15 minutes commuting one-way to work (35.6% of working residents), one of the shortest commutes across America.

Here most residents (85.9%) 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 (6.9%) . 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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Economics & Demographics include:
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Crime includes:
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Schools include:
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