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Real Estate Prices & Overview

Cypress / Hopewell median real estate price is $451,260, which is more expensive than 70.9% of the neighborhoods in Texas and 56.7% of the neighborhoods in the U.S.

The average rental price in Cypress / Hopewell is currently $1,380, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.1% of Texas neighborhoods.

Cypress / Hopewell is a remote neighborhood (based on population density) located in Mount Vernon, Texas.

Cypress / Hopewell real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Cypress / Hopewell 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 Cypress / Hopewell. The current real estate vacancy rate here is 41.8%. This is higher than the rate of vacancies in 97.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (29.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, 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.

People

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

In addition, if you are planning to retire in Texas, this neighborhood should be on your must-see list. For many reasons, Cypress / Hopewell may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Texas, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.1% of neighborhoods in TX. If a Texas retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for families with school-aged children.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 41.8% of the residential real estate vacant, the Cypress / Hopewell neighborhood claims the distinction of having a higher vacancy rate than 97.8% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 41 residents per square mile, Cypress / Hopewell is less crowded than 90.7% of all U.S. neighborhoods. One of the notable things about Cypress / Hopewell is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

Occupations

The Cypress / Hopewell neighborhood has a greater proportion of government workers living in it than 96.4% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Cypress / Hopewell neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.0% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 96.4% of all neighborhoods in America.

Diversity

Did you know that the Cypress / Hopewell neighborhood has more British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have British ancestry.

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 Cypress / Hopewell neighborhood in Mount Vernon are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.0% 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.

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 Cypress / Hopewell neighborhood, 45.6% of the working population is employed in executive, management, and professional 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 20.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.4%), and 14.0% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Cypress / Hopewell neighborhood is English, spoken by 88.1% of households. Some people also speak Spanish (10.5%).

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 Cypress / Hopewell neighborhood in Mount Vernon, TX, residents most commonly identify their ethnicity or ancestry as Mexican (18.9%). There are also a number of people of English ancestry (17.1%), and residents who report Irish roots (13.0%), and some of the residents are also of German ancestry (11.7%), along with some British ancestry residents (2.5%), among others.

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 Cypress / Hopewell neighborhood spend between 15 and 30 minutes commuting one-way to work (30.8% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (11.0%) who commute over an hour in each direction.

Here most residents (68.6%) 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 (10.5%) . 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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