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Real Estate Prices & Overview

Hickory Creek / Avalon At Seven Meadows median real estate price is $741,501, which is more expensive than 92.2% of the neighborhoods in Texas and 79.6% of the neighborhoods in the U.S.

The average rental price in Hickory Creek / Avalon At Seven Meadows is currently $2,917, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.5% of the neighborhoods in Texas.

Hickory Creek / Avalon At Seven Meadows is a suburban neighborhood (based on population density) located in Katy, Texas.

Hickory Creek / Avalon At Seven Meadows 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 Hickory Creek / Avalon At Seven Meadows neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Hickory Creek / Avalon At Seven Meadows are 3.5%, which is lower than one will find in 75.5% of American neighborhoods. Demand for real estate in Hickory Creek / Avalon At Seven Meadows is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Katy, the Hickory Creek / Avalon At Seven Meadows neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Hickory Creek / Avalon At Seven Meadows neighborhood. A whopping 88.4% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 98.5% of the neighborhoods in the U.S. Everything here just feels new. 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

Astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 95.7% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Hickory Creek / Avalon At Seven Meadows neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

In addition, if you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Hickory Creek / Avalon At Seven Meadows neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 10.3% executive lifestyle neighborhoods in the state of Texas.

Diversity

Did you know that the Hickory Creek / Avalon At Seven Meadows neighborhood has more British and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have British ancestry and 2.0% have Canadian ancestry.

Hickory Creek / Avalon At Seven Meadows is also pretty special linguistically. Significantly, 11.8% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.2% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Hickory Creek / Avalon At Seven Meadows neighborhood has a greater percentage of residents born in another country (53.9%) than are found in 98.4% of all U.S. neighborhoods.

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 Hickory Creek / Avalon At Seven Meadows neighborhood in Katy 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 89.7% of the neighborhoods in America. In addition, 3.5% 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 69.3% of America'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 Hickory Creek / Avalon At Seven Meadows neighborhood, 53.6% 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 27.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.1%), and 7.5% 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 Hickory Creek / Avalon At Seven Meadows neighborhood is English, spoken by 48.5% of households. Other important languages spoken here include Spanish, Chinese, Langs. of India and Arabic.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Hickory Creek / Avalon At Seven Meadows neighborhood in Katy, TX, residents most commonly identify their ethnicity or ancestry as Asian (24.7%). There are also a number of people of South American ancestry (12.2%), and residents who report Mexican roots (10.6%), and some of the residents are also of English ancestry (5.8%), along with some Norwegian ancestry residents (5.5%), among others. In addition, 53.9% 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 Hickory Creek / Avalon At Seven Meadows neighborhood spend under 15 minutes commuting one-way to work (32.4% of working residents), one of the shortest commutes across America.

Here most residents (62.8%) 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 (7.6%) . 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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