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Real Estate Prices & Overview

Hayden Lakes / Oakcrest median real estate price is $514,236, which is more expensive than 82.1% of the neighborhoods in Texas and 66.9% of the neighborhoods in the U.S.

The average rental price in Hayden Lakes / Oakcrest is currently $2,027, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.9% of the neighborhoods in Texas.

Hayden Lakes / Oakcrest is a suburban neighborhood (based on population density) located in Cypress, Texas.

Hayden Lakes / Oakcrest real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Hayden Lakes / Oakcrest neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Hayden Lakes / Oakcrest, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Hayden Lakes / Oakcrest is very tight compared to the demand for property here.

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

With a real estate vacancy rate of only 0.0%, the Hayden Lakes / Oakcrest neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, homes built from 2000 through today make up a higher proportion of the Hayden Lakes / Oakcrest neighborhood's real estate landscape than 98.2% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 85.9% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

People

In a nation where 1 out of every 4 children lives in poverty, the Hayden Lakes / Oakcrest neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, according to NeighborhoodScout's exclusive analysis, Hayden Lakes / Oakcrest is among the best neighborhoods for families in Texas. In fact, this neighborhood is more family-friendly than 95.5% of neighborhoods in the entire state of Texas. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Hayden Lakes / Oakcrest neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives.

Diversity

Did you know that the Hayden Lakes / Oakcrest neighborhood has more Swiss and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Swiss ancestry and 1.6% have Lebanese ancestry.

Hayden Lakes / Oakcrest is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 96.1% of the neighborhoods in America.

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 Hayden Lakes / Oakcrest neighborhood in Cypress are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 85.2% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Hayden Lakes / Oakcrest neighborhood, 63.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 14.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (11.7%), and 10.7% 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 Hayden Lakes / Oakcrest neighborhood is English, spoken by 64.3% of households. Other important languages spoken here include Spanish, Chinese and Tagalog (the first language of the Philippine region).

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 Hayden Lakes / Oakcrest neighborhood in Cypress, TX, residents most commonly identify their ethnicity or ancestry as Asian (16.0%). There are also a number of people of Mexican ancestry (15.9%), and residents who report German roots (9.2%), and some of the residents are also of Irish ancestry (7.9%), along with some English ancestry residents (7.7%), among others. In addition, 22.3% of the residents of this neighborhood were born in another country.

Getting to Work

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 Hayden Lakes / Oakcrest neighborhood spend between 30 and 45 minutes commuting one-way to work (35.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (78.8%) 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 (9.0%) . 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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