ABOUT Rice Military
Rice Military is a western Houston neighborhood with around 26,000 residents. This area of the city is especially known for its vibrant nightlife scene, diverse population, and outstanding housing options.
The cost of living in Rice Military is roughly 27% more expensive than the national average. Overall, the median household income tracks as being 110% higher than the country’s average.
Additionally, the median home value in this corner of Houston also trends around being 170% higher than statewide averages. With this information in mind, it’s easy to see how Rice Military is an affluent Houston neighborhood.
Rice Military attracts many young professionals, and families in Rice Military enjoy being close to multiple Houston Independent School District campuses and reputable private schools.
Since multiple bars, restaurants, and other venues are within convenient driving distance for local residents, the atmosphere has a distinct, urban feel. With several notable outdoor parks nearby, residents can also easily enjoy retreats from city living.
With a population of around 26,000, 52% of residents are male, and 48% are female.
93% of residents are high school graduates. 15% of the population has some college education or an associate’s degree. Another 44% of residents hold a bachelor’s degree, and 33% of residents hold a master’s degree or higher.
60% of Rice Military residents are White, and 21% of residents are Hispanic or Latino. 10% of the population is Asian, while 5% is African American. 3% of residents are biracial or multiracial.
The estimated median household income in Rice Military is $120K, and the income per capita trends near $80K. The unemployment rate tracks around 2%.
TOP Rice Military HIGHLIGHTS
Although there are no natural disasters specific to Rice Military, the neighborhood still experiences the same disasters that often hit Houston and the surrounding areas.
The most serious disasters are severe hurricanes and tropical storms. These storms usually occur from June until November, and they often destroy property and endanger residents. Wildfires are also a major concern in the summer months or during times of drought.
Tornadoes are more common in Rice Military and Houston than in other parts of the country. The US has a tornado index rating of 136.45 while Houston has a much higher rating of 377.41.
Just under half of local residents report having daily travel times of 20-25 minutes, while another quarter of residents report even shorter commutes of 15 minutes.
Katy Freeway, also Interstate 10, is a short distance north of the neighborhood. Interstate 610 can be accessed northwest of Rice Military, while Interstate 69 is south of the neighborhood. Memorial Drive, Westcott Street, Shepherd Drive, and Kirby Drive are several well-connected local roadways.
It takes about half an hour to reach The Woodlands by car from Rice Military. Sugar Land is about a 23 minute drive southwest of the neighborhood. Additionally, Downtown Houston is a straightforward 5-10 minute drive east of the neighborhood.
Rice Military receives an F rating when it comes to property crime rates. In fact, the neighborhood has a higher rate than both the city and the state. It also has about 171% more property crime than the national average. Per 100,000 residents, Rice Military has about 5,958 property crimes reported every year.
Apart from a higher rate of thefts and burglaries, the neighborhood has 7% less violent crime than the US average and much less violent crime than Houston’s average. While the city experiences roughly 1,026 cases of violent crimes per 100,000 residents, Rice Military only has about 353 incidents.
SCHOOLS IN Rice Military
Rice Military students are serviced by the Houston Independent School District. Seeing as this school system includes around 280 campuses throughout Houston and the surrounding areas, students have many public schools available to them.
Rice Military residents are zoned to Memorial Elementary School, Hogg Middle School, and Lamar High School, which are all within easy reach of local students. However, students are welcome to transfer to other Houston ISD campuses or apply to attend a school outside of their attendance zone, as specified by Houston ISD’s official website.
Houston ISD’s student population is notably diverse. Around 60% of students are Hispanic, 24% are African American, 4% are Asian, and 8.7% are White. Roughly 75% of all students classify as being economically disadvantaged.
Recent initiatives to improve public campuses have led to a marked increase in graduation rates, student SAT scores, AP enrollment rates, and scholarships.
Additionally, private schools in the area are within short driving distance of the neighborhood.
Rice Military Housing 2020
Rice Military’s real estate market is routinely cited as being one of the most attractive in Houston due to the area’s favorable land value appreciation and real estate appreciation trends. For reference, the land value appreciation rate of this neighborhood between January 2010 and January 2020 was 63%. During the same time frame, the median sales price increased an impressive 64%.
The median property value in this part of Houston tracks above $400K. This is a higher rate than that of over 90% of Texas neighborhoods and roughly 77% of other residential areas in the country.
This neighborhood is largely home to pieces of real estate that are valued between $340K-$712K. The price per square foot tracks around $207. Because Rice Military has a high number of rental properties, it’s also relevant to note that the average rental price is over $2,000. This average is also higher than 92% of neighborhoods statewide.
Rice Military Homes for Sale
Around 53% of residential properties in Rice Military are rentals, which indicates that 47% of housing options in the neighborhood are owner-occupied properties. Because Rice Military residents are generally affluent, housing prices reflect the population’s high average income.
The neighborhood’s vacancy rate varies around 11%. For reference, Rice Military’s vacancy rate tracks as being higher than 60% of other neighborhoods in the U.S.
Rice Military is home to several high-end gated communities that include detached family homes and attached residential properties alike. Unsurprisingly, Rice Military has many single family homes, but the neighborhood also includes apartment buildings, larger complexes, and pieces of land available for construction.
Because there is generally a fair amount of construction in the area, this part of Houston includes a good number of recently built residential properties. However, because the neighborhood has deep roots, many housing options are also relatively dated. Also, many properties have been newly renovated and feature the best of modern living.