Downtown Northeast median real estate price is $351,137, which is more expensive than 64.0% of the neighborhoods in Texas and 47.0% of the neighborhoods in the U.S.
The average rental price in Downtown Northeast is currently $2,399, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.8% of the neighborhoods in Texas.
Downtown Northeast is a densely urban neighborhood (based on population density) located in Houston, Texas.
Downtown Northeast 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Downtown Northeast neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
In Downtown Northeast, 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 Downtown Northeast 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 Downtown Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Renter-occupied real estate is dominant in the Downtown Northeast neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.6%, which is higher than 99.2% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so. With a real estate vacancy rate of only 0.0%, the Downtown Northeast 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 of the really unique and interesting things about the look and setting of the Downtown Northeast neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 92.4% 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 98.6% of all neighborhoods in America.
Furthermore, the Downtown Northeast 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 92.4% 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.
Also of note, the Downtown Northeast neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 32,431 persons per square mile in the neighborhood, it is more packed with people than 97.2% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Downtown Northeast neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Of note is NeighborhoodScout's research finding that the Downtown Northeast neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Downtown Northeast community truly stands out from the rest in this regard.
In addition, an interesting characteristic about the Downtown Northeast neighborhood is that there are more incarcerated people living here than 99.9% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.
Also, neighborhoodScout's exclusive research revealed that 94.8% of the adult residents in the Downtown Northeast neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.2% of the neighborhoods in America.
The Downtown Northeast neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 100.0% of the neighborhoods in America. In fact, 100.0% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
Furthermore, the Downtown Northeast neighborhood has a greater proportion of government workers living in it than 99.3% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
Our research reveals that 100.0% of commuters who live in the Downtown Northeast neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.9% of U.S. neighborhoods.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Downtown Northeast neighborhood. In the Downtown Northeast neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the Downtown Northeast neighborhood has more Haitian and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.1% of this neighborhood's residents have Haitian ancestry and 3.0% have Native American ancestry.
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 Downtown Northeast 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 100.0% of U.S. neighborhoods. 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.
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 Downtown Northeast neighborhood, 100.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 21.7% of the residents employed.
Languages
The most common language spoken in the Downtown Northeast neighborhood is English, spoken by 73.0% of households. Some people also speak Spanish (25.8%).
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 Downtown Northeast neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (19.9%). There are also a number of people of Haitian ancestry (7.1%), and residents who report Sub-Saharan African roots (3.5%), and some of the residents are also of German ancestry (3.1%), along with some Native American ancestry residents (3.0%), among others.
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 Downtown Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (74.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (100.0%) 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.
