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Real Estate Prices & Overview

Oak Forest South median real estate price is $298,638, which is less expensive than 67.3% of Texas neighborhoods and 73.4% of all U.S. neighborhoods.

The average rental price in Oak Forest South is currently $1,261, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.2% of Texas neighborhoods.

Oak Forest South is a densely urban neighborhood (based on population density) located in Houston, Texas.

Oak Forest South 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 renter occupied. Many of the residences in the Oak Forest South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Oak Forest South has a 11.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.5% 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 Oak Forest South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Oak Forest South neighborhood has a greater percentage of children living in poverty (59.7%) than found in 96.8% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Diversity

Did you know that the Oak Forest South neighborhood has more Romanian and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Romanian ancestry and 3.0% have British ancestry.

Oak Forest South is also pretty special linguistically. Significantly, 58.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.5% 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 Oak Forest South 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 92.3% of U.S. neighborhoods. With 59.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.8% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Oak Forest South neighborhood, 39.5% 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 27.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.1%), and 8.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Oak Forest South neighborhood is Spanish, spoken by 58.8% of households. Some people also speak English (36.6%).

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 Oak Forest South neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (53.8%). There are also a number of people of Irish ancestry (6.0%), and residents who report English roots (4.0%), and some of the residents are also of Asian ancestry (3.3%), along with some British ancestry residents (3.0%), among others. In addition, 33.3% 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 Oak Forest South neighborhood spend between 30 and 45 minutes commuting one-way to work (30.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (78.2%) 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 (16.2%) . 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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