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Houston Home To Some Of Nation’s Most Gentrifying Areas

EaDo and Washington Avenue have seen large increases in home values and income levels since 2000

The Esplanade at Navigation in the Second Ward is in Houston’s most gentrifying ZIP code, 77003.

In the past few years, the area east of downtown, known as EaDo, has gone through a rapid transformation.

Formerly mostly home to warehouses, its streets are now lined with bars and restaurants and, most prominently, the BBVA Compass soccer stadium.

Balazs Szekely with RentCafé analyzed 11,000 U.S. ZIP codes for changes in home values, household income and education level.

“This new life and obviously the huge number of townhouses that followed as a response to the increased demand is actually what pushed the median income to almost four times the figure recorded in the year 2000,” Szekely said.

He found home values in EaDo increased by 284 percent from 2000 to 2016 and higher education levels by 443 percent. That ranks ZIP code 77003 third in the country in terms of gentrification.

The other Houston ZIP code in the top 20 is 77007, the Washington Avenue area.

Home values there have risen 107 percent and household income 114 percent since 2000.

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Florian Martin

Florian Martin

Business Reporter

Florian Martin is currently the News 88.7 business reporter. Florian’s stories can frequently be heard on other public radio stations throughout Texas and on NPR nationwide. Some of them have earned him awards from Texas AP Broadcasters and the Houston Press Club. Florian is a native of Germany. His studies...

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