Neartown West median real estate price is $746,652, which is more expensive than 84.4% of the neighborhoods in Texas and 74.9% of the neighborhoods in the U.S.
The average rental price in Neartown West is currently $2,143, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.1% of the neighborhoods in Texas.
Neartown West is a densely urban neighborhood (based on population density) located in Houston, Texas.
Neartown West 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 Neartown West 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.
Neartown West has a 14.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.6% 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 46.1% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 98.6% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.
In addition, neartown West has the amazing distinction of housing more same sex couples living together than 97.6% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
Also, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Neartown West neighborhood: a neighborhood in which more "urban sophisticates" live than 97.3% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city.
Executives, managers and professionals make up 77.5% of the workforce in the Neartown West neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.5% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Did you know that the Neartown West neighborhood has more Danish and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.6% of this neighborhood's residents have Danish ancestry and 4.3% have Portuguese ancestry.
Neartown West is also pretty special linguistically. Significantly, 4.8% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Neartown West neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Neartown West 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 92.3% of the neighborhoods in America. In addition, 5.2% 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 64.0% 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 Neartown West neighborhood, 77.5% 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 15.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (4.9%).
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Neartown West neighborhood is English, spoken by 82.1% of households. Other important languages spoken here include Spanish and Portuguese.
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 Neartown West neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as German (17.9%). There are also a number of people of English ancestry (14.2%), and residents who report Danish roots (8.6%), and some of the residents are also of Asian ancestry (8.3%), along with some Italian ancestry residents (7.5%), among others. In addition, 17.6% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Neartown West neighborhood spend between 15 and 30 minutes commuting one-way to work (49.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (69.6%) 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.