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Real Estate Prices & Overview

Winding Way Dr / Sheraton Oaks Dr median real estate price is $325,701, which is more expensive than 59.7% of the neighborhoods in Texas and 44.2% of the neighborhoods in the U.S.

The average rental price in Winding Way Dr / Sheraton Oaks Dr is currently $1,432, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.4% of Texas neighborhoods.

Winding Way Dr / Sheraton Oaks Dr is an urban neighborhood (based on population density) located in Houston, Texas.

Winding Way Dr / Sheraton Oaks Dr 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 renter occupied. Many of the residences in the Winding Way Dr / Sheraton Oaks Dr 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.

Winding Way Dr / Sheraton Oaks Dr has a 9.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.2% 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.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

NeighborhoodScout's exclusive research identifies the Winding Way Dr / Sheraton Oaks Dr neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 63.7% of its working residents employed in such fields, which is a higher proportion than 99.9% of American neighborhoods.

People

Of note, 79.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Winding Way Dr / Sheraton Oaks Dr neighborhood has more single mother households than 96.3% 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.

Real Estate

93.8% of the real estate in the Winding Way Dr / Sheraton Oaks Dr neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Winding Way Dr / Sheraton Oaks Dr stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 87.9% of the residential real estate here was built in this one time period.

Furthermore, the Winding Way Dr / Sheraton Oaks Dr neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 84.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Diversity

Did you know that the Winding Way Dr / Sheraton Oaks Dr neighborhood has more Haitian and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Haitian ancestry and 2.4% have Cuban ancestry.

Winding Way Dr / Sheraton Oaks Dr is also pretty special linguistically. Significantly, 11.3% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.3% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Winding Way Dr / Sheraton Oaks Dr 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 90.1% of U.S. neighborhoods. With 79.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.3% 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 Winding Way Dr / Sheraton Oaks Dr neighborhood, 63.7% 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 19.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (11.8%), and 4.7% 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 Winding Way Dr / Sheraton Oaks Dr neighborhood is Spanish, spoken by 62.2% of households. Other important languages spoken here include English and French.

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 Winding Way Dr / Sheraton Oaks Dr neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (38.9%). There are also a number of people of Cuban ancestry (2.4%), and residents who report Haitian roots (2.4%), and some of the residents are also of Irish ancestry (2.2%), along with some Sub-Saharan African ancestry residents (1.6%), among others. In addition, 37.6% 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 Winding Way Dr / Sheraton Oaks Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (32.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.1%) 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 (20.5%) . 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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