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Real Estate Prices & Overview

Pecan Park East median real estate price is $165,328, which is less expensive than 79.0% of Texas neighborhoods and 85.3% of all U.S. neighborhoods.

The average rental price in Pecan Park East is currently $1,263, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.0% of Texas neighborhoods.

Pecan Park East is an urban neighborhood (based on population density) located in Houston, Texas.

Pecan Park East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Pecan Park East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Pecan Park East has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.3% 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 Pecan Park East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Pecan Park East neighborhood is unique for having just 4.1% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.8% of America's neighborhoods.

Occupations

NeighborhoodScout's exclusive research identifies the Pecan Park East neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.9% of its working residents employed in such fields, which is a higher proportion than 95.9% of American neighborhoods.

Diversity

Did you know that the Pecan Park East neighborhood has more West Indian and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.9% of this neighborhood's residents have West Indian ancestry and 92.8% have Mexican ancestry.

Pecan Park East is also pretty special linguistically. Significantly, 81.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.8% of all U.S. neighborhoods.

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 Pecan Park East neighborhood in Houston are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.9% of U.S. neighborhoods. With 11.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.7% 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 Pecan Park East neighborhood, 42.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 32.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.1%), and 5.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Pecan Park East neighborhood is Spanish, spoken by 81.6% of households. Some people also speak English (18.4%).

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 Pecan Park East neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (92.8%). There are also a number of people of South American ancestry (1.2%). In addition, 37.9% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Pecan Park East neighborhood spend between 15 and 30 minutes commuting one-way to work (33.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.0%) 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 (17.0%) . 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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