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Real Estate Prices & Overview

Riverwood Estates / Ranches Of Clear Creek median real estate price is $346,188, which is more expensive than 58.2% of the neighborhoods in Texas and 44.5% of the neighborhoods in the U.S.

The average rental price in Riverwood Estates / Ranches Of Clear Creek is currently $1,395, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.9% of Texas neighborhoods.

Riverwood Estates / Ranches Of Clear Creek is a remote neighborhood (based on population density) located in Hempstead, Texas.

Riverwood Estates / Ranches Of Clear Creek 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Riverwood Estates / Ranches Of Clear Creek 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.

Home and apartment vacancy rates are 9.1% in Riverwood Estates / Ranches Of Clear Creek. NeighborhoodScout analysis shows that this rate is lower than 42.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Hempstead, the Riverwood Estates / Ranches Of Clear Creek neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Riverwood Estates / Ranches Of Clear Creek neighborhood has more single mother households than 99.3% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

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 Riverwood Estates / Ranches Of Clear Creek neighborhood in Hempstead are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.4% of U.S. neighborhoods. With 19.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.5% 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 Riverwood Estates / Ranches Of Clear Creek neighborhood, 45.2% of the working population is employed in executive, management, and professional 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 31.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.5%), and 6.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Riverwood Estates / Ranches Of Clear Creek neighborhood is English, spoken by 70.8% of households. Some people also speak Spanish (28.9%).

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 Riverwood Estates / Ranches Of Clear Creek neighborhood in Hempstead, TX, residents most commonly identify their ethnicity or ancestry as Mexican (37.5%). There are also a number of people of German ancestry (5.0%), and residents who report Sub-Saharan African roots (1.7%), and some of the residents are also of African ancestry (1.7%), along with some Polish ancestry residents (1.5%), among others. In addition, 11.7% 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 Riverwood Estates / Ranches Of Clear Creek neighborhood spend between 45 minutes and one hour commuting one-way to work (39.0% of working residents), longer and tougher than most commutes in America.

Here most residents (85.1%) 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 (11.1%) . 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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