Cypress is a relatively large town located in the state of Texas. With a population of 213,034 people and 26 associated neighborhoods, Cypress is the 14th largest community in Texas. Cypress has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Cypress, where the median household income is $133,206.00.
Cypress real estate is some of the most expensive in Texas, although Cypress house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Cypress has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 18.05% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Cypress is a great place for families with children to consider. First of all, many other families with children live here, making Cypress a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Cypress has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Cypress’s overall crime rate is lower than average for the country.
One downside of living in Cypress is that it can take a long time to commute to work. In Cypress, the average commute to work is 33.45 minutes, which is quite a bit higher than the national average.
The education level of Cypress ranks among the highest in the nation. Of the 25-and-older adult population in Cypress, 49.76% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Cypress in 2022 was $50,703, which is wealthy relative to Texas and the nation. This equates to an annual income of $202,812 for a family of four. However, Cypress contains both very wealthy and poor people as well.
Cypress is an extremely ethnically-diverse town. The people who call Cypress home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cypress residents report their race to be White, followed by Black or African-American. Cypress also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 24.94% of the town’s residents. Important ancestries of people in Cypress include German, English, Irish, Italian, and French.
In addition, Cypress has a lot of people living here who were born outside of the US (18.90%).
The most common language spoken in Cypress is English. Other important languages spoken here include Spanish and Vietnamese.