Versailles Dr / Rue Fontaine Ln median real estate price is $223,962, which is more expensive than 35.6% of the neighborhoods in Texas and 25.6% of the neighborhoods in the U.S.
The average rental price in Versailles Dr / Rue Fontaine Ln is currently $1,552, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.9% of Texas neighborhoods.
Versailles Dr / Rue Fontaine Ln is an urban neighborhood (based on population density) located in Houston, Texas.
Versailles Dr / Rue Fontaine Ln 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 Versailles Dr / Rue Fontaine Ln 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.
Versailles Dr / Rue Fontaine Ln has a 10.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.2% 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.
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 Versailles Dr / Rue Fontaine Ln neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Versailles Dr / Rue Fontaine Ln neighborhood has more single mother households than 99.0% 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.
More people work in manufacturing and as laborers here in the Versailles Dr / Rue Fontaine Ln neighborhood than in 96.0% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
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 Versailles Dr / Rue Fontaine Ln 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 78.7% of U.S. neighborhoods. With 18.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.0% 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 Versailles Dr / Rue Fontaine Ln neighborhood, 43.0% 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 31.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.1%), and 10.7% in executive, management, and professional occupations.
The most common language spoken in the Versailles Dr / Rue Fontaine Ln neighborhood is Spanish, spoken by 53.9% of households. Some people also speak English (43.7%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Versailles Dr / Rue Fontaine Ln neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (49.2%). There are also a number of people of Italian ancestry (3.3%), and residents who report Asian roots (2.9%). In addition, 33.2% of the residents of this neighborhood were born in another country.
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 Versailles Dr / Rue Fontaine Ln neighborhood spend under 15 minutes commuting one-way to work (35.6% of working residents), one of the shortest commutes across America.
Here most residents (85.9%) 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 (6.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.