Piney Point Village Texas is a small incorporated city in Harris County, Texas, United States. Its population is around 3,444, making it a high-density community. The average density is 624 people per square mile. The town is located near the Houston, Texas area.

Cost of living in Piney Point Village Texas

The cost of living in Piney Point Village Texas is relatively high. While it is one of the most affordable cities in the country, it does have one of the highest cost of living rates. It has the highest median household income in Texas and the highest sales tax rate. Property taxes are also quite high, with an average of 2.1% last year.

The cost of housing is a large component of the cost of living in Piney Point Village Texas. The median home value is $1,838,400, much higher than the national average of $204,900. Renting can be a lower-cost alternative to homeownership. The area has a renter's rate of 1.00%, compared to the national average of 36.2%.

Residents of Piney Point Village, TX earn an average of $126,647 per year. Nearly 85% of the population is educated, with nearly 85% of adults having at least a bachelor's degree. The city has a largely white population (73%) and a large Latino population (12%). Residents of Piney Point Village are served by the Spring Branch Independent School District and the Houston Independent School District. The majority of public schools in the area have earned Texas Education Agency Met Standard Ratings and National Blue Ribbon status.

The cost of living index in Piney Point Village, TX includes healthcare and other expenses related to the price of living. It is based on a national average of 100 and is broken down by categories such as groceries, transportation expenses, and common surgeries. The index is updated periodically, but you should note that it is only a rough estimate.

The median sales price of homes in Piney Point Village, TX is $2,000,000, with a range of $1,500,000 to $6,000,000. Located just 10 miles east of downtown Houston, the village is home to the state's most luxurious manors and estates. Whether you are looking for a small bungalow in the woods or a large estate with a private pool, you can find it in Piney Point.

House prices in Piney Point Village are higher than the national average. The median home price is $2,381,409. This is more expensive than the US average of $376,286. The median home price in Piney Point Village is higher than that of other cities with similar populations.

Piney Point Village is a upscale neighborhood that is home to one million-dollar homes. Its homes feature gorgeous grounds, expansive lots, and large master suites. Residents also enjoy three National Blue Ribbon schools. The cost of living in Piney Point Village is higher than the national average in Texas and the country.

Cost of health care

In Piney Point Village, Texas, the cost of health care is lower than the national average. As a single adult, the average annual cost of health care is $3,652, compared to $4,266 nationwide. Health care premiums in Piney Point Village are lower than those in other Texas cities.

The median age of all people living in Piney Point Village is 50.1. This includes both natives and foreign-born residents. The median age for a native-born resident was 48, and the average for foreign-born residents was 53. The most common foreign-born population was from Mexico. There were approximately 2,484,512 foreign-born residents in 2020. Other foreign-born residents came from India and El Salvador.

The average annual income for residents of Piney Point Village is $250,000. That's less than the national average. The city's average annual cost of living is lower than the state's average. The state of Texas has low tax burdens, and its per-capita tax collections are much lower than the national average.

Piney Point Village is home to around 3,300 residents. It has a median age of 52.2. Nearly 85% of the population has a four-year degree or higher. The average household income is $126,647. The racial makeup of the community is 71% White, 14% Asian and 12% Latino. The Spring Branch and Houston Independent School districts serve the area. Many of the public schools have received National Blue Ribbon Awards and a Met Standard Rating from the Texas Education Agency.

Housing is another major component of living costs in Piney Point Village, TX. The median home value is $1,838,400, which is higher than the national average of $204,900. Some residents choose to rent their homes to save on housing costs. In Piney Point Village, TX, 1.00% of the population lives in rental homes, compared to 36.2% of the national renter population.

Cost of housing

If you're planning on buying a home in Piney Point Village, Texas, you may be wondering how much it costs to live there. In fact, the median cost of a home is just 878% of median household income, making it the third most affordable place to live in the greater Piney Point Village region.

Piney Point Village Texas has a median real estate tax rate of $3,281, more than three times the median tax rate in Texas. Renters in Piney Point Village tend to pay an average of about $1,290 per month, which is higher than the state median of $1,246.

Piney Point Village, Texas, is considered one of the richest cities in Texas, with median incomes exceeding $2 million. The median price of a home here is above the Houston area's average, and the area's appreciation rates are among the highest in the vicinity. However, despite its wealth, many residents don't feel at home in the community.

The cost of housing in Piney Point Village Texas is above the national average of $266,490. The most expensive parts of the city are located in the northwest and south, while more affordable areas are in the southwest. Homes in Piney Point Village tend to be larger and feature spacious lots.

In August 2022, there were two listings in Piney Point Village, Texas that sold for more than their asking price. The price of one bedroom homes in the community remained unchanged. But the cost of a three bedroom home jumped by 10 percent. In addition, the cost of a five-bedroom home in Piney Point Village, TX went up by almost one percent in August 2022. However, more than four homes were sold below their asking price.

Piney Point Village is a residential area located in Harris County, Texas. This suburb is surrounded by shopping, dining, entertainment, and education opportunities. Although there are a limited number of homes for sale, there are many ways to find a home in Piney Point Village.