Cypress is a relatively large town located in the state of Texas. With a population of 208,671 people and 26 associated neighborhoods, Cypress is the 14th largest community in Texas. There's nothing like the smell of a brand new house, and in Cypress, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Cypress, and putting down their money on brand new construction. Cypress’s real estate is, on average, some of the newest in the nation. Cypress does seem to be experiencing an influx of affluent people, because the median household income is $131,672.00.
Cypress real estate is some of the most expensive in Texas, although Cypress house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Cypress has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 16.67% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Cypress is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Cypress’s overall crime rate is lower than average for the country.
In Cypress, however, the average commute to work is quite long. On average, people spend 34.97 minutes each day getting to work, which is significantly higher than the national average.
The education level of Cypress ranks among the highest in the nation. Of the 25-and-older adult population in Cypress, 49.84% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Cypress in 2022 was $48,957, which is wealthy relative to Texas and the nation. This equates to an annual income of $195,828 for a family of four.
Cypress is an extremely ethnically-diverse town. The people who call Cypress home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cypress residents report their race to be White, followed by Black or African-American. Cypress also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 25.50% of the town’s residents. Important ancestries of people in Cypress include German, English, Irish, Italian, and French.
Foreign born people are also an important part of Cypress's cultural character, accounting for 18.85% of the town’s population.
The most common language spoken in Cypress is English. Other important languages spoken here include Spanish and Vietnamese.