Yesterday, a friend claimed that people in Cypress, Texas, are educated, citing the average house price of $450,000 as proof.
This post challenges my friend’s claim by directly comparing Cypress, Texas, to River Oaks in Houston to assess whether higher home prices actually indicate higher educational levels among residents.
An examination of River Oaks reveals that high property values do not necessarily correlate with residents’ educational levels. Assuming expensive homes equate to education overlooks more accurate indicators of residents’ backgrounds.
One notable River Oaks resident is Joel Osteen, pastor of Lakewood Church, whose house is owned through an estate, reportedly for inheritance tax purposes. His presence further illustrates the diversity of backgrounds among residents and the limits of using home prices as proxies for education.
