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Real Estate Prices & Overview

Clear Lake East median real estate price is $179,057, which is less expensive than 74.6% of Texas neighborhoods and 81.4% of all U.S. neighborhoods.

The average rental price in Clear Lake East is currently $2,195, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.0% of the neighborhoods in Texas.

Clear Lake East is a rural neighborhood (based on population density) located in Pasadena, Texas.

Clear Lake East 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 occupied by a mixture of owners and renters. Many of the residences in the Clear Lake East 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.

Clear Lake East has a 11.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.1% 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

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.

Modes of Transportation

Our research reveals that 93.8% of commuters who live in the Clear Lake East neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.1% of U.S. neighborhoods.

Real Estate

Renter-occupied real estate is dominant in the Clear Lake East neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.5%, which is higher than 98.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, one of the really unique and interesting things about the look and setting of the Clear Lake East neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 74.5% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.8% of all neighborhoods in America.

People

One of the most interesting things about the Clear Lake East neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 53.9% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.3% of the neighborhoods in America.

In addition, neighborhoodScout's analysis shows that the Clear Lake East neighborhood has a greater concentration of residents currently enrolled in college than 97.0% of the neighborhoods in the U.S. With 15.4% of the population here attending college, this is very much a college-focused neighborhood.

Diversity

Did you know that the Clear Lake East neighborhood has more Finnish and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.6% of this neighborhood's residents have Finnish ancestry and 14.3% have French ancestry.

Clear Lake East is also pretty special linguistically. Significantly, 4.5% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 96.8% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Clear Lake East neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Clear Lake East neighborhood in Pasadena are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.6% of the neighborhoods in America. With 39.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.9% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Clear Lake East neighborhood, 66.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 16.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.4%), and 2.7% 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 Clear Lake East neighborhood is English, spoken by 73.3% of households. Other important languages spoken here include Langs. of India, Spanish and Tagalog (the first language of the Philippine region).

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 Clear Lake East neighborhood in Pasadena, TX, residents most commonly identify their ethnicity or ancestry as German (21.2%). There are also a number of people of French ancestry (14.3%), and residents who report Mexican roots (6.3%), and some of the residents are also of English ancestry (6.2%), along with some Asian ancestry residents (6.1%), among others. In addition, 19.3% 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 Clear Lake East neighborhood spend between 15 and 30 minutes commuting one-way to work (42.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (93.8%) drive alone in a private automobile to get to work. 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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