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Real Estate Prices & Overview

Greater Greenspoint East median real estate price is $177,045, which is less expensive than 77.6% of Texas neighborhoods and 84.2% of all U.S. neighborhoods.

The average rental price in Greater Greenspoint East is currently $1,236, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.2% 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.

Greater Greenspoint East has a 12.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.6% 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.

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. 28.4% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.4% 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 93.1% 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 95.7% of the neighborhoods in America.

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, 87.6% of the residential real estate here was built in this one time period.

Furthermore, the real estate in the Greater Greenspoint East neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 77.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.3% of American neighborhoods.

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 84.4% 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.

Modes of Transportation

Our research shows that more people carpool to work here in the Greater Greenspoint East (30.2%) than in 98.8% of the neighborhoods in America.

Diversity

Did you know that the Greater Greenspoint East neighborhood has more Puerto Rican and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.8% of this neighborhood's residents have Puerto Rican ancestry and 4.2% have Cuban 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 91.7% of U.S. neighborhoods. With 39.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.0% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Greater Greenspoint East neighborhood, 36.1% 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 30.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (25.0%), and 8.5% in executive, management, and professional occupations.

Languages

The most common language spoken in the Greater Greenspoint East neighborhood is English, spoken by 57.3% of households. Some people also speak Spanish (41.6%).

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 Greater Greenspoint East neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (28.7%). There are also a number of people of Puerto Rican ancestry (19.8%), and residents who report Cuban roots (4.2%), and some of the residents are also of Sub-Saharan African ancestry (1.9%), along with some English ancestry residents (1.9%), among others. In addition, 31.2% 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 (51.4% of working residents), one of the shortest commutes across America.

Here most residents (67.5%) 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 (30.2%) . 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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