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Real Estate Prices & Overview

Riverwood Estates / Ranches Of Clear Creek median real estate price is $346,188, which is more expensive than 58.2% of the neighborhoods in Texas and 44.5% of the neighborhoods in the U.S.

The average rental price in Riverwood Estates / Ranches Of Clear Creek is currently $1,395, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.9% of Texas neighborhoods.

Riverwood Estates / Ranches Of Clear Creek is a remote neighborhood (based on population density) located in Hempstead, Texas.

Riverwood Estates / Ranches Of Clear Creek 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 Riverwood Estates / Ranches Of Clear Creek 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.

Home and apartment vacancy rates are 9.1% in Riverwood Estates / Ranches Of Clear Creek. NeighborhoodScout analysis shows that this rate is lower than 42.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

People

Single parenting is hard. But you don't have to tell the Riverwood Estates / Ranches Of Clear Creek neighborhood about it; they already know. 28.2% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.3% 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.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Riverwood Estates / Ranches Of Clear Creek neighborhood in Hempstead are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.4% of U.S. neighborhoods. With 19.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.5% of U.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 Riverwood Estates / Ranches Of Clear Creek neighborhood, 45.2% 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 31.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.5%), and 6.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Riverwood Estates / Ranches Of Clear Creek neighborhood is English, spoken by 70.8% of households. Some people also speak Spanish (28.9%).

Ethnicity / Ancestry

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 Riverwood Estates / Ranches Of Clear Creek neighborhood in Hempstead, TX, residents most commonly identify their ethnicity or ancestry as Mexican (37.5%). There are also a number of people of German ancestry (5.0%), and residents who report Sub-Saharan African roots (1.7%), and some of the residents are also of African ancestry (1.7%), along with some Polish ancestry residents (1.5%), among others. In addition, 11.7% 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 Riverwood Estates / Ranches Of Clear Creek neighborhood spend between 45 minutes and one hour commuting one-way to work (39.0% of working residents), longer and tougher than most commutes in America.

Here most residents (85.1%) 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 (11.1%) . 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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