Downtown Northeast median real estate price is $346,325, which is more expensive than 62.6% of the neighborhoods in Texas and 45.6% of the neighborhoods in the U.S.
The average rental price in Downtown Northeast is currently $1,588, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.5% of Texas neighborhoods.
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.
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.
Renter-occupied real estate is dominant in the Downtown Northeast neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.7%, 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, 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 94.5% 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.
Furthermore, 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. 91.0% 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 98.3% of all neighborhoods in America.
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, the Downtown Northeast neighborhood is unique for having just 5.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.6% of America's neighborhoods.
While most Americans do drive to work alone each day, the Downtown Northeast neighborhood stands out by having 96.9% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 99.9% of all American neighborhoods.
Executives, managers and professionals make up 76.6% of the workforce in the Downtown Northeast neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.9% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Furthermore, the government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Downtown Northeast neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 14.8% of its workforce, this neighborhood has a greater concentration of government workers than 97.1% of U.S. neighborhoods.
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 Downtown Northeast neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.8% 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, 5.8% of this neighborhood's residents have Haitian ancestry and 2.5% 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 middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.9% 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.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Downtown Northeast neighborhood, 76.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.3% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (14.8%), and 3.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
Languages
The most common language spoken in the Downtown Northeast neighborhood is English, spoken by 70.7% of households. Some people also speak Spanish (27.7%).
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 Downtown Northeast neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (19.5%). There are also a number of people of Haitian ancestry (5.8%), and residents who report Sub-Saharan African roots (5.2%), and some of the residents are also of African ancestry (2.9%), along with some Native American ancestry residents (2.5%), among others. In addition, 10.3% of the residents of this neighborhood were born in another country.
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 (77.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (96.9%) 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.
