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Real Estate Prices & Overview

Greater Greenspoint East median real estate price is $167,297, which is less expensive than 78.5% of Texas neighborhoods and 84.9% of all U.S. neighborhoods.

The average rental price in Greater Greenspoint East is currently $1,224, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.1% of Texas neighborhoods.

Greater Greenspoint East is a densely urban neighborhood (based on population density) located in Houston, Texas.

Greater Greenspoint East 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Greater Greenspoint East 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.

Vacant apartments or homes are a major fact of life in Greater Greenspoint East. The current real estate vacancy rate here is 19.9%. This is higher than the rate of vacancies in 86.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually 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 Greater Greenspoint East 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 Greater Greenspoint East neighborhood about it; they already know. 29.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.5% 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.

In addition, neighborhoodScout's exclusive research revealed that 93.2% of the adult residents in the Greater Greenspoint East neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.4% of the neighborhoods in America.

Modes of Transportation

In the Greater Greenspoint East neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 32.9% of commuters carpool here, which is more than in 99.3% of all U.S. neighborhoods.

Real Estate

Renter-occupied real estate is dominant in the Greater Greenspoint East neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% 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.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Greater Greenspoint East 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, 92.6% of the residential real estate here was built in this one time period.

Furthermore, one of the really unique and interesting things about the look and setting of the Greater Greenspoint East neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 79.0% 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 96.6% of all neighborhoods in America.

Also of note, the Greater Greenspoint East 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 83.8% 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.

Finally, if you like crowded places, then you will probably enjoy the the Greater Greenspoint East neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.6% of neighborhoods in the U.S., with 23,030 people per square mile living here.

Occupations

There are more people living in the Greater Greenspoint East neighborhood employed as sales and service workers (61.6%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Diversity

Did you know that the Greater Greenspoint East neighborhood has more Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.4% of this neighborhood's residents have Puerto Rican 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 Greater Greenspoint East 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 90.6% of U.S. neighborhoods. With 34.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.5% 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 Greater Greenspoint East neighborhood, 38.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.8%), and 10.9% in executive, management, and professional occupations.

Languages

The most common language spoken in the Greater Greenspoint East neighborhood is English, spoken by 56.9% of households. Some people also speak Spanish (42.0%).

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 Greater Greenspoint East neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (22.9%). There are also a number of people of Puerto Rican ancestry (20.4%), and residents who report Sub-Saharan African roots (2.0%), and some of the residents are also of English ancestry (1.7%). In addition, 27.7% of the residents of this neighborhood were born in another country.

Getting to Work

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 Greater Greenspoint East neighborhood spend under 15 minutes commuting one-way to work (54.3% of working residents), one of the shortest commutes across America.

Here most residents (64.8%) 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 (32.9%) . 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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