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/ Housing is dividing Houston into Poor and Rich Areas

Housing is dividing Houston into Poor and Rich Areas

August 4, 2012 billedge Leave a Comment

The residential Income Segregation index for a metro area is derived by adding the share of its lower-income households located in majority lower-income census tracts to the share of its upper-income households located in majority upper-income census tracts.  Source: Pew Research Center

Change in residential Income Segregation index between 1980 and 2010:

Houston               29

Dallas                   21

New York            9

Los Angeles         4

Philadelphia        11

A new study released Wednesday by the Pew Research Center, is a dubious honor: Houston leads the way among the nation’s 10 largest metropolitan areas when it comes to affluent folks living among others who are affluent, and poor living with poor. Pew said residential income segregation is increasing across the country and especially in Texas and the Southwest.

Large new homes in spacious gated communities define the west side of Houston.  The east side of Houston is defined by housing projects and low income community development.  Fort Bend County is rapidly becoming the home of the rich, while Waller County is increasing becoming the home of the poor.   What this means is that the poor are going to be increasingly isolated and without access to hospitals, grocery stores, good schools, and major shopping malls.

Remember, we are here to help buyers and sellers. Consider us your real estate source in Texas.

Call Bill Edge at 713-240-2949 to see Houston Homes in 24 hours or less.

Source:  Houston Chronicle

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