Versailles Dr / Rue Fontaine Ln median real estate price is $224,443, which is less expensive than 66.9% of Texas neighborhoods and 76.3% of all U.S. neighborhoods.
The average rental price in Versailles Dr / Rue Fontaine Ln is currently $1,631, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.2% 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 9.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.3% 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.
More people work in manufacturing and as laborers here in the Versailles Dr / Rue Fontaine Ln neighborhood than in 98.0% 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.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Versailles Dr / Rue Fontaine Ln neighborhood has more single mother households than 95.0% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Did you know that the Versailles Dr / Rue Fontaine Ln neighborhood has more Cuban and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Cuban ancestry and 57.2% have Mexican ancestry.
Versailles Dr / Rue Fontaine Ln is also pretty special linguistically. Significantly, 65.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.8% of all U.S. neighborhoods.
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 67.9% of U.S. neighborhoods. With 19.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.4% 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, 46.0% 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 23.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.8%), and 12.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Versailles Dr / Rue Fontaine Ln neighborhood is Spanish, spoken by 65.9% of households. Some people also speak English (31.5%).
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 (57.2%). There are also a number of people of Cuban ancestry (3.4%), and residents who report Asian roots (2.4%), and some of the residents are also of South American ancestry (1.6%). In addition, 37.6% 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 Versailles Dr / Rue Fontaine Ln neighborhood spend between 15 and 30 minutes commuting one-way to work (33.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.1%) 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 (10.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.