Houston is a megacity located in the gargantuan Harris County of Texas. Home to the popular Houston Space Center and nicknamed ‘Space City,’ Houston is known for its incredible contributions to space and science. With over ninety different cultures seamlessly blending in ‘H-town’, Houston has become one of America’s most diverse cities and plays home to the most exotic restaurants and cuisines in the country. The city’s thriving culture, burgeoning economy, eclectic arts and galleries, prolific museums, and an exceptional education system easily make it one of the most desirable places in America to raise a family.
Thanks to the mild, sunny weather year-round, much of life happens outdoors in Houston. The city’s Buffalo Bayou is a popular outdoor recreation, and so is the Houston Museum of Natural Science that showcases an incredible collection of mineral specimens, space-station models, IMAX theater, and even a dinosaur skeleton.
NASA’s renowned Johnson Space Center – the facility that first took the man to the Moon – is also located in Houston and is a major tourist attraction in the city. Besides, more than 26 million visitors each year enjoy the unique and dynamic shopping experience at The Galleria, Texas’s largest shopping center and fourth-largest in America with 2.4 million square feet of space, 400 retail stores, two high-rise hotels, and three office towers.
The city also offers a plethora of community events, art shows, and cultural exhibitions year-round. Head to Houston’s greatest cultural asset – Houston Museum District – that features 19 museums, including popular destinations such as Houston Museum of Natural Science, the Contemporary Arts Museum Houston, The Menil Collection, and the Museum of Fine Arts, Houston.
Real estate in Houston has shown an average growth of 3.99% per year since the year 2000. Besides, since 2000, the prices of homes in Houston have appreciated by a strong 127.41%. The sale prices of homes in Houston have experienced strong growth of more than 18.6% in March 2021 from the same month last year.
The median home price in Houston is $305,000. Currently, there are 13,491 active homes for sale in Houston, and normally it takes just 64 days for a listed home to get off the market. Moreover, the average cost to rent a house in Houston is $1,252 per month. At present, there are 858,374 homes and apartments in the city, 41.7% of which are owned, and the remaining 58.3% are rented.
On average, a Houston resident earns around $27,900 per annum. The city’s median household income is almost $45,728 per resident. Most of the residents of Houston work in construction, manufacturing, retail, finance, professional and technical services, and healthcare.
Besides, the residents of Houston are extremely fortunate in having two world-class universities at their doorstep – The University of Houston (UH), and Rice University. Founded in 1927, the University of Houston is the third-largest university in Texas with 46,000 students. With its campus spanning over 667 acres, UH offers 282-degree programs through its 14 colleges on campus.
Rice University, on the other hand, is a private research university, with 3,989 students and a campus spanning over 300 acres. It ranked 16th in the US News’ 2021 edition of Best Colleges in America. Rice is comprised of eight schools, including the School of Social Sciences, School of Humanities, and Wiess School of Natural Sciences. Its graduate schools include the highly ranked Jesse H. Jones Graduate School of Business and George R. Brown School of Engineering.
What is the community of Houston like?
With over 2.2 million residents, Houston is a world in its own right. The vibrant community of Houston experiences an overwhelming array of options in everything they want to do. From the most luxurious shopping malls and unique restaurants to exciting sports centers and prolific museums, Houston offers a plethora of unparalleled entertainment choices.Thanks to the mild, sunny weather year-round, much of life happens outdoors in Houston. The city’s Buffalo Bayou is a popular outdoor recreation, and so is the Houston Museum of Natural Science that showcases an incredible collection of mineral specimens, space-station models, IMAX theater, and even a dinosaur skeleton.
NASA’s renowned Johnson Space Center – the facility that first took the man to the Moon – is also located in Houston and is a major tourist attraction in the city. Besides, more than 26 million visitors each year enjoy the unique and dynamic shopping experience at The Galleria, Texas’s largest shopping center and fourth-largest in America with 2.4 million square feet of space, 400 retail stores, two high-rise hotels, and three office towers.
The city also offers a plethora of community events, art shows, and cultural exhibitions year-round. Head to Houston’s greatest cultural asset – Houston Museum District – that features 19 museums, including popular destinations such as Houston Museum of Natural Science, the Contemporary Arts Museum Houston, The Menil Collection, and the Museum of Fine Arts, Houston.
What is Real Estate like in Houston?
Despite entailing the sobering effects of the pandemic, 2020 was a record-breaking year for Houston’s real estate market as more than $35.3 billion worth of properties were sold. The year 2021 has also started on a powerful footing, thanks to extremely strong sales in the luxury and mid-range housing segments.Real estate in Houston has shown an average growth of 3.99% per year since the year 2000. Besides, since 2000, the prices of homes in Houston have appreciated by a strong 127.41%. The sale prices of homes in Houston have experienced strong growth of more than 18.6% in March 2021 from the same month last year.
The median home price in Houston is $305,000. Currently, there are 13,491 active homes for sale in Houston, and normally it takes just 64 days for a listed home to get off the market. Moreover, the average cost to rent a house in Houston is $1,252 per month. At present, there are 858,374 homes and apartments in the city, 41.7% of which are owned, and the remaining 58.3% are rented.
How is the economic landscape of Houston?
Houston has proved to be an alluring destination for businesses. Twenty-five of the Fortune 500 companies call Houston home. Known as the Energy Capital of the World, Houston is globally recognized for its energy industry—particularly for oil and natural gas—as well as for biomedical research and aeronautics.On average, a Houston resident earns around $27,900 per annum. The city’s median household income is almost $45,728 per resident. Most of the residents of Houston work in construction, manufacturing, retail, finance, professional and technical services, and healthcare.
How are the schools like in Houston?
Houston has a strong and thriving education system. Houston is covered by 22 school districts, with 1,104 public schools and 201 private schools. The Houston Independent School District (HISD) is the largest in the Houston area. Ranked as the nation's seventh-largest district, HISD serves 312 square miles with 288 schools, 13,000 teachers, and more than 210,000 students.Besides, the residents of Houston are extremely fortunate in having two world-class universities at their doorstep – The University of Houston (UH), and Rice University. Founded in 1927, the University of Houston is the third-largest university in Texas with 46,000 students. With its campus spanning over 667 acres, UH offers 282-degree programs through its 14 colleges on campus.
Rice University, on the other hand, is a private research university, with 3,989 students and a campus spanning over 300 acres. It ranked 16th in the US News’ 2021 edition of Best Colleges in America. Rice is comprised of eight schools, including the School of Social Sciences, School of Humanities, and Wiess School of Natural Sciences. Its graduate schools include the highly ranked Jesse H. Jones Graduate School of Business and George R. Brown School of Engineering.