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Real Estate Prices & Overview

Beltway 8 / Bissonnet St median real estate price is $265,479, which is more expensive than 44.3% of the neighborhoods in Texas and 31.5% of the neighborhoods in the U.S.

The average rental price in Beltway 8 / Bissonnet St is currently $1,135, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.4% of Texas neighborhoods.

Beltway 8 / Bissonnet St is a densely urban neighborhood (based on population density) located in Houston, Texas.

Beltway 8 / Bissonnet St 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 Beltway 8 / Bissonnet St 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.

Vacant apartments or homes are a major fact of life in Beltway 8 / Bissonnet St. The current real estate vacancy rate here is 17.2%. This is higher than the rate of vacancies in 83.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Beltway 8 / Bissonnet St neighborhood about it; they already know. 24.6% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 98.7% 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, the Beltway 8 / Bissonnet St neighborhood stands out for having an average per capita income lower than 95.2% of the neighborhoods in the United States.

Real Estate

97.9% of the real estate in the Beltway 8 / Bissonnet St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the Beltway 8 / Bissonnet St 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 88.4% 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.

Furthermore, the real estate in the Beltway 8 / Bissonnet St 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, 73.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.8% of American neighborhoods.

Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Beltway 8 / Bissonnet St 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, 80.5% of the residential real estate here was built in this one time period.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Beltway 8 / Bissonnet St neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.2% of all American neighborhoods.

Modes of Transportation

In the Beltway 8 / Bissonnet St neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 25.2% of commuters carpool here, which is more than in 97.1% of all U.S. neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Beltway 8 / Bissonnet St neighborhood buck this trend. 23.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.0% of U.S. neighborhoods.

Diversity

Did you know that the Beltway 8 / Bissonnet St neighborhood has more Cuban and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.3% of this neighborhood's residents have Cuban ancestry and 14.2% have Sub-Saharan African ancestry.

Beltway 8 / Bissonnet St is also pretty special linguistically. Significantly, 5.8% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.

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 Beltway 8 / Bissonnet St 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 95.2% of U.S. neighborhoods. With 45.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.4% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Beltway 8 / Bissonnet St neighborhood, 40.6% 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 29.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.5%), and 12.4% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Beltway 8 / Bissonnet St neighborhood is Spanish, spoken by 49.5% of households. Other important languages spoken here include English and African languages.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Beltway 8 / Bissonnet St neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (30.9%). There are also a number of people of Sub-Saharan African ancestry (14.2%), and residents who report Cuban roots (9.3%), and some of the residents are also of African ancestry (2.8%), along with some Jamaican ancestry residents (1.7%), among others. In addition, 41.0% 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 Beltway 8 / Bissonnet St neighborhood spend between 30 and 45 minutes commuting one-way to work (39.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (52.9%) 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 (25.2%) and 6.1% of residents also hop out the door and walk to work for their daily commute. 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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