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Real Estate Prices & Overview

Beverly Hill / Clear Lake median real estate price is $200,559, which is more expensive than 29.7% of the neighborhoods in Texas and 21.2% of the neighborhoods in the U.S.

The average rental price in Beverly Hill / Clear Lake is currently $2,522, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.9% of the neighborhoods in Texas.

Beverly Hill / Clear Lake is a rural neighborhood (based on population density) located in Princeton, Texas.

Beverly Hill / Clear Lake real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Beverly Hill / Clear Lake 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.

Vacant apartments or homes are a major fact of life in Beverly Hill / Clear Lake. The current real estate vacancy rate here is 18.5%. This is higher than the rate of vacancies in 84.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually 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.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 98.8% of all neighborhoods in America, with 47.4% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Modes of Transportation

Our research shows that more people carpool to work here in the Beverly Hill / Clear Lake (26.9%) than in 97.9% of the neighborhoods in America.

Diversity

Did you know that the Beverly Hill / Clear Lake neighborhood has more French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.6% of this neighborhood's residents have French ancestry.

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 Beverly Hill / Clear Lake neighborhood in Princeton are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.6% of the neighborhoods in America. With 11.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.8% 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 Beverly Hill / Clear Lake neighborhood, 39.9% 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 32.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.1%), and 5.5% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Beverly Hill / Clear Lake neighborhood is English, spoken by 60.4% of households. Some people also speak Spanish (38.0%).

Ethnicity / Ancestry

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 Beverly Hill / Clear Lake neighborhood in Princeton, TX, residents most commonly identify their ethnicity or ancestry as Mexican (37.3%). There are also a number of people of Italian ancestry (11.0%), and residents who report French roots (9.6%), and some of the residents are also of Irish ancestry (7.2%), along with some English ancestry residents (6.7%), among others. In addition, 14.2% 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 Beverly Hill / Clear Lake neighborhood spend between 45 minutes and one hour commuting one-way to work (53.4% of working residents), longer and tougher than most commutes in America.

Here most residents (64.7%) 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 (26.9%) . 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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