ABOUT Rice Court
Rice Court is a small Houston neighborhood situated southwest of the Texas city’s center. Known for being an upscale and luxurious area, this neighborhood is also family-friendly and conveniently located.
Rice Court residents have exceedingly fast access to Houston destinations like the Houston Zoo, the Museum District, and Rice University. The neighborhood’s location also places the city within the Houston Independent School District, and students in Rice Court are zoned to established and recognizable public schools.
Notably, this part of Houston pays homage to higher educational institutions by many street names alluding to colleges, universities, and notable poets.
As expected, many Rice Court residents are highly educated, and a large portion of the population is considered highly affluent. Impressively, the concentration of annual household incomes exceeding $150K in Rice Court is one of the highest in the state.
Overall, this Houston neighborhood offers a high quality of life for residents, impressive crime and safety ratings, and a healthy job market.
Rice Court’s population is around 15,500. 9% of residents have some college education or an associate’s degree, while 35% of residents hold a bachelor’s degree. Impressively, an estimated 52% of Rice Court residents have a master’s degree or higher.
Roughly 77% of the population is White, and 11% of residents are Asian. Around 8% of residents identify as Hispanic, and 1% of residents are African American. Meanwhile, 2% of the population is biracial or multiracial.
The unemployment rate tracks around 2%, and the poverty rate is estimated to be less than 2%. The median household income is reportedly around $250K. Additionally, the median individual income tracks high at $105K.
TOP Rice Court HIGHLIGHTS
Rice Court is located in Houston – an area that is highly vulnerable to flood-related risks and damage from heavy rains, severe storms, and hurricanes.
Rice Court, however, fares well compared to other neighborhoods when it comes to the frequency of being hit by major natural disasters. In the past, major roads near the neighborhood were flooded and trees were uprooted due to heavy rains and strong winds.
There are no records of any recurring natural disasters specific to the area and there have also been no reports of any major damage to the neighborhood following recent intense rainfall events.
The estimated mean travel time for Rice Court residents 25 years of age and over is 17.5 minutes, which is largely considered to be convenient based on trends in Texas metropolitan areas.
Interstate 69 is found a short distance north of the neighborhood. Interstate 610 can be accessed just west of Rice Court, and the interstate also curves south of the neighborhood as well. South Freeway and Interstate 45 can both be accessed a short distance east of the neighborhood.
Specifically, it takes about 20 minutes to reach Sugar Land by car from Rice Court, and Downtown Houston is a short 10 minute drive from the neighborhood.
Crime and safety ratings in Rice Court are fairly high compared to other neighborhoods in Houston. It is among the communities that are served by the West University police force.
Overall, the crime rate in the area is about 640 per 100,000 residents. This rate is about 79% lower than the national average. Rice Court is safer than about 92% of communities in the U.S.
Violent crime rate in the area is about 12 per 100,000 residents. This rate is about 98% lower than the national average.
Property crime happens more often in the area at a rate of about 568 per 100,000 residents. This rate is about 75% lower than the national average.
One has a 1 in 150 chance of becoming a victim of crime in Rice Court.
SCHOOLS IN Rice Court
Rice Court students are serviced by the Houston Independent School District. Seeing as this public school system includes over 100 schools, students are within short distance of many upstanding campuses. Additionally, there are many private educational institutions and religious schools available for Rice Court residents.
Houston ISD is commonly known for being one of the largest school districts in the country. The Texas Educational Agency rates the district as “met standards,” and many campuses within the district are National Blue Ribbon award-winning schools.
Houston ISD campuses are largely noted for having ethnically and economically diverse student populations, and many campuses report impressive student proficiency rates in math and reading. Public schools in the Rice Court area specifically have well-rated athletic programming, AP courses, multiple extracurricular options, and an emphasis on college preparation.
Many students attend religious campuses, private schools, and charter schools in the surrounding areas. Due to the neighborhood’s location, multiple campuses are less than 15 minute drives away.
Rice Court Housing 2020
The estimated median property value in this corner of Houston is $1.2 million, which is high relative to both Texas and national averages. Less than 3% of properties are worth under $115K. From there, 1.7% of real estate varies between $115K-$230K. Another 2.3% of properties range between $230K-$345K, and 2.1% of properties vary between $345K-$460K.
4.4% of properties range higher between $460K-$575K. An estimated 11.7% of real estate in Rice Court vary between $575K-$863K. 20% of properties in the neighborhood are valued between $863K-$1.1 million. Meanwhile, over 55% of properties in this part of Houston are worth over $1.1 million.
With such high property values, it’s expected that home appreciation rates are also impressive. In this Houston area, real estate appreciated a total of 57.48% between January 2010 and January 2020. This number breaks down into an average annual home appreciation rate of 4.65%.
Rice Court Homes for Sale
90% of Rice Court properties are owner-occupied, while 10% of housing options are rentals. The vacancy rate tracks around 6%.
About 21% of Rice Court properties were built in or following 2000, and 46.1% were constructed between 1970-1999. Less than 18% of other housing options in Rice Court were built between 1940-1969, and just under 16% of other properties broke ground in or before 1939.
At 95%, the vast majority of housing options in this Houston neighborhood are single family detached properties. About 4.8% of other properties are condominiums and attached residences, and a considerably small amount of housing options in the area are apartment complexes and smaller apartment buildings.
To give an idea of size, 1% of the neighborhood’s properties have 1 bedroom layouts, while 11.2% have 2 bedroom layouts. 27.3% of properties have 3 bedrooms, and 45.5% have 4 bedrooms. Another 15% of Rice Court housing options have 5 or more bedrooms.