City of Houston

Housing

Source: U.S. Census Bureau; 2017 American Community Survey 5-Year Estimates Date: January 2019

How We Compare Of the ten most populous cities in the U.S, Houston ranks fourth after New York, Los Angeles and Chicago. According to the U.S. Census Bureau, Houston experienced a 8% increase in population between 2010 and 2017. Houston’s economy is strong with its positive economic indicators that include strong job growth, affordable housing, and lower cost of living. For most of the large cities, economic opportunity is the driving force for demographic and social changes. Opportunity cities have the ability to provide affordable housing and decent amenities at a reasonable cost to their growing populations. The charts shown below illustrate how Houston compares with the other large cities in the US.

Note: A housing unit is a house, an apartment, a mobile home, a group of rooms, or a single room occupied as separate living quarters.

Note: Includes occupied housing units only.

Note: This measure divides the housing value into two equal parts: one-half falling below and the other half above the median.

91% 94%87% 89% 89% 87%

92% 93% 90%96%

88%

9% 6%13% 11% 11% 13%

8% 7% 10%4%

12%

Housing Occupancy

Vacant

Occupied

33% 37%45% 43%

53% 52% 55%47%

41%

58%64%

67% 63%55% 57%

47% 48% 45%53%

59%

42%36%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Owner and Renter Occupied

Owner-Occupied Renter Occupied

$538,700 $549,800

$234,500

$149,000

$197,800

$151,500 $127,700

$523,600

$154,000

$714,200

$193,500

Median Housing Value

Source: National Association of Realtors, 2017

7% 4%

25%

50%

33%

49%59%

5%

49%

6%

37%

11%10%

39%

24%

39%

36%

31%

11%

21%

4%

33%

28%31%

22%

14% 19%

10%7%

32%

16%

13%

17%

54% 55%

14% 11% 9% 5% 3%

52%

14%

77%

12%

Housing Value

$500,000 or more

$300,000 to $499,999

$150,000 to $299,999

Less than $150,000

$404,300

$550,800

$248,500 $231,100 $246,700 $230,000 $217,200

$599,000

$247,400

$1,180,000

$248,800

$-

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000

Median Sale Price of Single Family Homes (Metro Areas)

$1,340 $1,302

$1,029 $940 $954 $970

$918

$1,503

$937

$1,822

$982

$0

$200

$400

$600

$800

$1,000

$1,200

$1,400

$1,600

$1,800

$2,000

Median Rent

36%29%

38% 39% 39%33% 38% 34%

40%35% 38%

20%

20%

20% 20% 20%

20%21%

22%

21%22% 21%

44%51%

42% 41% 40%47%

41% 44%39% 43% 41%

Rent Paid as a Percent to Income

35% & Over

25% to 34.9%

Less than 25%

City of Houston

Housing Source: U.S. Census Bureau; 2017 American Community Survey 5-Year Estimates

Date: January 2019

92% 92% 90%81% 80%

95%

78%88% 85% 87%

82%

8% 8% 10%19% 20%

5%

22%12% 15% 13%

18%

Year Housing Unit Built

After 2000

Before 2000

92% 90% 88% 85% 86% 89% 86% 87% 83%90% 89%

8% 10% 12% 15% 14% 11% 14% 13% 17%10% 11%

Moved into Housing Unit

2015 or later

Before 2015

54%

12%

27%

9% 9%

31%

9% 7% 10% 5% 9%

32%

39%

44%

43%37%

44%

38%35%

43%

27%

33%

14%

49%

29%

48%54%

25%

53%58%

47%

68%58%

Vehicles Available

2+ Vehicle

1 vehicle

No Vehicle

UnitedStates

San Jose Dallas SanDiego

SanAntonio

Philadel-phia

Phoenix Houston Chicago Los

Angeles New

York City

Other 2%2%2%2%1%4%3%2%3%3%3%

Worked at home 5%4%5%7%4%4%5%4%5%6%4%

Walked 3%2%2%3%2%8%2%2%7%3%10%

Public transport 5%4%4%4%3%25%3%4%28%10%56%

Carpooled 9%12%11%9%11%8%12%11%8%9%5%

Drove alone 76%76%76%75%79%51%75%77%49%69%22%

Commute to Work