ABOUT Energy Corridor
Considered an up-and-coming area, the Energy Corridor is a western Houston neighborhood that has many outdoor activities, exciting venues, and convenient qualities that attract residents from all walks of life.
As the neighborhood’s name implies, the Energy Corridor contains many energy firms and the major operations of energy companies. In fact, the neighborhood is the second largest employment center in the region. The local job market and economy is understandably well-rated, and because the neighborhood includes many employment opportunities, a large portion of residents have exceedingly short commutes.
The Energy Corridor residents have fast access to a massive array of restaurants, nightlife venues, shopping areas, and outdoor retreats. Additionally, Downtown Houston is less than 20 miles east of the neighborhood, which means even more of the city’s iconic attractions are short drives away.
Many families enjoy this neighborhood based on factors like the affordable cost of living and great local schools, and young professionals also find this part of Houston attractive.
The Energy Corridor is home to over 22,000 residents. 47% of the population is male, and 52% is female. 26% of the neighborhood’s population has some college education or an associate’s degree, while 31% of residents hold a bachelor’s degree. Another 23% of residents have earned a master’s degree or a higher degree.
34% of the neighborhood’s residents are White, and 22% identify as Hispanic. 21% of the population is of Asian descent, and 21% of residents are African American. Another 2% of residents are biracial or multiracial.
The estimated median household income is $86K. 50% of households earn over $75K annually, while 35% earn between $25K-$75K annually.
TOP Energy Corridor HIGHLIGHTS
Energy Corridor residents should be on the lookout for weather advisories connected to thunderstorms, high winds, and potential tornado activity. Seeing as Houston’s tornado index is notably higher than Texas’s index and the country’s index, this city experiences more tornado activity and damaging winds than many areas nationally.
Tornadoes aside, Houston is also no stranger to hurricanes and tropical storms. Based on historic trends, weather moving inland from the Gulf of Mexico poses a significant risk of creating damaging floods.
Hailstorms can cause sizable amounts of property damage, and cold weather is also of note. Although blizzards are rare in Houston, strong winter storms and heavy snows cause dangerous conditions.
Over 50% of the Energy Corridor residents have commute times of 20 minutes or less, and another 30% report daily travel times between 20-35 minutes.
Interstate 10 runs directly through the Energy Corridor, the neighborhood is also bisected by S Texas 6. Westpark Tollway runs south of the Energy Corridor, and the Sam Houston Tollway can be readily accessed just east of the neighborhood’s borders. Meanwhile, Interstate 610 is farther east of the neighborhood, and Interstate 69 runs south of the Energy Corridor.
It takes less than 20 minutes to reach Sugar Land by car from the neighborhood, and it also takes about 20 minutes to commute to Downtown Houston.
Energy Corridor’s overall crime rates are 40% lower than the city’s average and 17% higher than the national average.
Violent crime is 7% more frequent than national rates. The violent crime rate per 100K residents here is 408, which indicates that violent crime is roughly even with the statewide rate.
Local property crimes track 18% over the U.S. average. Seeing as the national property crime rate per 100K people is 2,200, this neighborhood’s rate of 2,602 is notably less favorable.
This residential area is considered safer than 39% of other cities in the state. Also, the estimated odds of experiencing a crime here are 1 in 34.
SCHOOLS IN Energy Corridor
The Energy Corridor falls within the boundaries of 3 separate school districts: Houston Independent School District, Katy Independent School District, and Spring Branch Independent School District.
Students living in the southern section of the neighborhood are directed to attend Houston ISD schools. With over 280 campuses, this district is the largest in Texas and also ranks as one of the largest school systems in the nation. Houston ISD campuses are known for having diverse student populations, impressive academic programming, and well-rated staff.
Western areas of the Energy Corridor are serviced by Katy ISD. This district includes 70 campuses, and the Texas Education Agency rates the school system as a recognized district. Katy ISD contains many National Blue Ribbon Schools and offers AP and college preparatory programs.
Students in eastern sections of the neighborhood are directed to Spring Branch ISD schools. This upstanding district serves 35,000 and contains many reputable campuses. Local students can also enroll in nearby private schools.
Energy Corridor Housing 2020
The estimated median sales price in the Energy Corridor is $340K. Typically, the median price per square foot tracks around $46. List prices in the Energy Corridor have increased approximately 40% between January 2010 and January 2020. During the same time frame, the neighborhood’s price per square foot increased 230%. Based on recent trends, it’s generally safe to assume that sales prices will steadily increase in the years to come.
To give a broad picture of the neighborhood’s real estate market, less than 10% of properties in the neighborhood are worth under $112K. Another 40% of properties range between $112K-$224K, and 28.5% range between $224K-$336K. Another 11.8% of properties in the Energy Corridor vary between $336K-$448K, while about 10% of other properties range over $448K.
It’s worth noting that the neighborhood contains a large number of rental residences and commercial properties, a factor that heavily influences the local real estate market.
Energy Corridor Homes for Sale
42% of the Energy Corridor housing options are owner-occupied properties, and 58% are rented residences. The vacancy rate tracks around 3.8%. The majority of properties are single family detached residences, with apartment complexes and smaller apartment buildings being the second most prevalent type of housing option. From there, condominiums are the third most common property type in the neighborhood. That said, attached residences are few in number in the area.
Less than 1% of properties in the neighborhood were built in or before 1939, and under 10% of other properties were built between 1940-1969. Roughly 60% of the neighborhood’s residences were constructed between 1970-1999, and about 33% of housing options were built in or after 2000.
To give an idea of property sizes in the neighborhood, 17% of properties have 1-2 bedroom layouts. 47% of residences have 3 bedrooms, and 30% of properties have 4 bedrooms, which indicates that 6% of other housing options have 5 or more bedrooms.