LIVING IN TOMBALL
Tomball is a somewhat small city located in the state of Texas. With a population of 11,761 people and nine constituent neighborhoods, Tomball is the 217th largest community in Texas.
Tomball real estate is some of the most expensive in Texas, although Tomball house values don’t compare to the most expensive real estate in the U.S.
Tomball is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Tomball is a city of sales and office workers, managers, and professionals. There are especially a lot of people living in Tomball who work in office and administrative support (15.20%), management occupations (14.39%), and sales jobs (11.50%).
Also of interest is that Tomball has more people living here who work in computers and math than 95% of the places in the US.
The percentage of people in Tomball who are college-educated is somewhat higher than the average US community of 21.84%: 28.32% of adults in Tomball have at least a bachelor’s degree.
The per capita income in Tomball in 2010 was $31,481, which is wealthy relative to Texas, and upper middle income relative to the rest of the US. This equates to an annual income of $125,924 for a family of four. However, Tomball contains both very wealthy and poor people as well.
Tomball is an extremely ethnically-diverse city. The people who call Tomball home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Tomball residents report their race to be White, followed by Black or African-American. Tomball also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 26.57% of the city’s residents. Important ancestries of people in Tomball include German, Irish, English, French, and Italian.
The most common language spoken in Tomball is English. Other important languages spoken here include Spanish and Other Asian languages.
HOUSTON, TX REAL ESTATE DATA
AVERAGE HOME VALUES
MEDIAN HOME VALUE:
TOMBALL, TX HOME PRICES
RENT & OWNERSHIP
AVERAGE MARKET RENT:
$1,316 / per month
HOUSING MARKET DETAILS
AGE OF HOMES
TYPES OF HOMES
TOMBALL HOUSING MARKET INFORMATION
With a population of 11,761, 4,383 total housing units (homes and apartments), and a median house value of $248,118, Tomball real estate is some of the most expensive in Texas, although Tomball home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Tomball, accounting for 59.26% of the city's housing units. Other types of housing that are prevalent in Tomball include large apartment complexes or high rise apartments ( 25.58%), duplexes, homes converted to apartments or other small apartment buildings ( 9.71%), and a few row houses and other attached homes ( 4.35%).
The most prevalent building size and type in Tomball are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 46.82% owning and 53.18% renting.
There is a lot of housing in Tomball built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Tomball built between 2000 and later ( 26.78%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.24%). There's also some housing in Tomball built before 1939 ( 2.47%).
TOMBALL HOME APPRECIATION RATES
In the last 10 years, Tomball has experienced some of the highest home appreciation rates of any community in the nation. Tomball real estate appreciated 75.22% over the last ten years, which is an average annual home appreciation rate of 5.77%, putting Tomball in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Tomball definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Tomball's appreciation rate, at 3.48%, has been at or slightly above the national average. In the latest quarter, Tomball's appreciation rate has been 0.47%, which annualizes to a rate of 1.87%.
Notably, Tomball's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that Tomball's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Tomball differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Tomball - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Tomball real estate investment or home purchase decisions.
TOMBALL, TX HOME PRICES
TOMBALL POPULATION & AGE DISTRIBUTION
EDUCATIONAL ATTAINMENT OF ADULTS
PER CAPITA INCOME
MEDIAN HOUSEHOLD INCOME
INDIVIDUALS BELOW POVERTY LEVEL:
- Elementary Schools
- Middle Schools
- High Schools
Public district, PK-5 | 627 students
Public district,PK-4 | 817 students
Public district, PK-4 | 484 students
Public district,PK-4 | 808 students
Public district, PK-5 | 748 students
Public district,PK-5 | 655 students
Public district, PK-5 | 669 students
Public district,PK-5 | 1042 students
Public district,PK-5 | 548 students
Public district,PK-4 | 650 students
Public district, 7-8 | 1251 students
Public district, 5-6 | 709 students
Public district, 9-12 | 2247 students