3 Best Business Friendly Neighborhoods in Houston
Houston is famous for a lot of things. But despite the city’s still growing reputation, what most people tend to overlook is its business-friendliness. Not only the city enjoys a booming economy, but burgeoning businesses also get the opportunity to make the most of its diverse population, strategic location, and stable financial sector, among other incentives. This guide will share with you some of the best business-friendly neighborhoods Houston has to offer.
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How These Neighborhoods Made it to the List?
For this list, these Houston neighborhoods and suburbs were chosen based on the following metrics from the U.S. Census Bureau:
- Average Business Revenue
- Business per 100 Residents
- Percentage of Business with Paid Employees
Houston’s Business-Friendly Neighborhoods
Median Listing Home Price: $223,000
Business with Paid Employees: 77.5%
Main Industries: Aerospace, Food Service, Medical, Retail
This budding city on the further southeastern part of the city boasts of a strong economy. Despite its distance from the major business district, the United States Census Bureau reports that Webster yields a high 70% of businesses with paid employees. It’s considered the key to the aerospace industry because of its close proximity to the Johnson Space Center and the restaurant capital of the region with 100 ethnically diverse cuisines served, ranging from American, Mexican, and Asian. The prevalence of major retail and specialty shops make Webster the retail capital of Houston’s Bay Area.
Median Listing Home Price: $259,000
Business with Paid Employees: 70.3%
Main Industries: Construction, Technology, Petroleum
Stafford has been hailed as one of the best places to start a business with more than 15 business parks housing major industrial offices and companies. Over 2,700 businesses are located here, boasting an average revenue of $2,530,727 per business. A dream destination for businessfolk looking to embark on an entrepreneurial journey, Stafford offers them the right infrastructure along with the appropriate facilities to not only start their business but also create sustainable businesses that deliver positive change to the community.
Median Listing Home Price: $260,000
Business with Paid Employees: 59.9%
Main Industries: Shipping, Petrochemical Manufacturing
Located in the heart of Galveston County, sits the thriving community of Texas City. Like the nearby waterfront cities of San Leon, Bacliff, and Seabrook, there are currently many new residential developments in the area—you can choose whether you want to live near the waters or in a tight-knit subdivision. While it’s known for its tranquil vibe, Texas City is a burgeoning community for small businesses as it’s home to one of the country’s largest ports and an average revenue per business of $8,900,000.
Finding a business-friendly neighborhood in Houston can be quite a challenge as homebuyers also need to factor in other homebuying metrics among other considerations. If you’re in the market for a new home in Houston, you can narrow down your search for the perfect home with these available properties.
Disclaimer: Shop Owner Finance/ TL Global is not a lender. We are a real estate training agency. The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.