Neighborhood in Katy, Fort Bend County

Living in Falls at Green Meadows, Katy

A

1st of 8areas in Katy
Overall score 94 of 100 vs Texas neighborhoods
Katy overall: B-

Falls at Green Meadows is a neighborhood in Katy, TX, home to about 1,300 people. It gets an A, in the top 12% of Texas neighborhoods, and ranks 1st of 8 areas we score in Katy. It does best on jobs and income and worst on education levels.

  • Well connected
  • Lots of parks
  • Hurricane risk is very high
  • Tornado risk is very high

Closest everyday places

Grocery store0.7 mi
Pharmacy0.9 mi
Park0.2 mi
Cafe0.4 mi
Restaurant0.1 mi
Gym0.2 mi
Hospital or urgent care0.3 mi
Childcare0.2 mi
Library0.6 mi

Straight-line distance from the middle of where people live. Overture Maps.

Population
1,280
Median rent
$1,540
Median home value
$325,000
Household income
$91,900
Average commute
26 min
Homes owned
79%
Loading map

What it's like to live in Falls at Green Meadows

Falls at Green Meadows is a neighborhood in Katy with about 1,300 residents, homes built around 1979, mostly owner-occupied (79%) and 53% of households with children.

Our grade for Falls at Green Meadows is A. That puts it 1st of 8 areas we grade in Katy, a city that gets a B- overall.

Pros of living in Falls at Green Meadows

  • Well-rated schools nearby. 3 of the 3 closest public schools are rated A or B.
  • Parks within walking distance. The closest park is about 0.2 miles away.

Cons of living in Falls at Green Meadows

  • Natural hazard risk. FEMA rates the risk of hurricanes and tornadoes as very high in this part of town.

Falls at Green Meadows report card

Each grade compares Falls at Green Meadows with every neighborhood in Texas. Safety is not graded for single neighborhoods because police report crime for the whole city.

  • Cost of living: grade C

    Median rent $1,540, homes cost 3.5x income.

    42 of 100 vs TX areas

  • Jobs and income: grade A

    Median household income $91,900, 0% unemployed.

    94 of 100 vs TX areas

  • Schools: grade A-

    Nearby schools average 89 of 100 on the state rating.

    85 of 100 vs TX areas

  • Safety: no grade

    Citywide, 123 violent crimes per 100k, 2,967 property crimes per 100k.

    No score vs TX areas

  • Errands and things to do: grade B+

    Most everyday stores and services within a mile of homes.

    76 of 100 vs TX areas

  • Getting around: grade B+

    Average commute 26 min, 9.1% work from home.

    73 of 100 vs TX areas

  • Education levels: grade D+

    30% have a bachelor’s degree.

    28 of 100 vs TX areas

  • Health: grade C+

    17% of adults uninsured.

    49 of 100 vs TX areas

  • Home ownership: grade A-

    79% of homes owner-occupied.

    82 of 100 vs TX areas

  • Internet access: grade A

    100% of homes have broadband.

    91 of 100 vs TX areas

Falls at Green Meadows compared with Katy

Better than Katy

  • Renters paying 30%+ of income on rent: 55%9 points lower than Katy (64%)
  • People below the poverty line: 0%8 points lower than Katy (8.1%)
  • Homes with broadband internet: 100%8 points higher than Katy (92%)

Worse than Katy

  • Adults with a bachelor's degree or higher: 30%19 points lower than Katy (49%)
  • Median household income: $91,90020% lower than Katy ($114,912)
  • Adults 18 to 64 without health insurance: 17%4 points higher than Katy (13%)

Closest public schools

Texas Education Agency 2025 ratings. Check the attendance zone for any address with the district.

  • BKaty ElementaryElementary, Katy ISD0.3 mi
  • AKaty Junior HighMiddle, Katy ISD1 mi
  • BKaty High SchoolHigh, Katy ISD1 mi

Cost of living in Falls at Green Meadows

Median rent in Falls at Green Meadows is $1,540 a month, about the same as the Katy median. A household would need about $62,000 a year to keep that rent at 30% of income.

The median home is worth $325,000, 19% lower than the Katy median, which means a monthly payment of about $2,142 with property tax at today's mortgage rates.

MeasureHereKatyTexas
Median rent4% lower than Katy$1,540$1,602$1,403
Median home value19% lower than Katy$325,000$401,700$283,800
Home value to incomeAbout the same as Katy3.5x3.5x3.6x
Renters paying 30%+ of income on rent9 points lower than Katy55%64%52%
Homes owned by the people living in them1 points lower than Katy79%81%63%
Vacant homes7 points lower than Katy0%6.5%9.4%
Median year homes were builtAbout the same as Katy197920031992

Monthly cost to buy a median home

$2,142
Mortgage payment
$1,779
Property tax
$363
Median rent, for comparison
$1,540

Based on a $325,000 home in Falls at Green Meadows, 20% down and a 30-year loan at 7.28% (Freddie Mac average, week of 2026-10-01). Property tax is the median for the surrounding Census tract, or the county where that is not published. Insurance and fees are not included.

Work, income and getting around

MeasureHereKatyTexas
Median household income20% lower than Katy$91,900$114,912$78,476
Unemployment rate7 points lower than Katy0%7.4%5.3%
People below the poverty line8 points lower than Katy0%8.1%14%
Adults with a bachelor's degree or higher19 points lower than Katy30%49%34%
Average commute18% lower than Katy26 min31 min27 min
Workers who work from home9 points lower than Katy9.1%18%14%
Workers who walk, bike or take transit3 points higher than Katy5.8%2.6%2.6%
Homes with broadband internet8 points higher than Katy100%92%91%

Natural hazard risk

FEMA National Risk Index for the Census tracts in this area.

  • River floodingModerate
  • Coastal floodingVery low
  • HurricanesVery high
  • TornadoesVery high
  • HailLow
  • Heat wavesHigh
  • WildfiresLow
  • Winter stormsLow
  • Strong windLow

Who lives in Falls at Green Meadows

Under 1819%
18 to 3430%
35 to 6449%
65 and over2.5%
Race and ethnicity
White44%
Hispanic or Latino51%
Black0%
Asian1.6%
Other or more than one race3.2%

Shown for information only. It is never part of any grade.

Other neighborhoods in Katy

  1. 2APin Oak VillageMedian rent $1,840
  2. 3A-Heritage Park West
  3. 4A-Southwest KatyMedian rent $1,900
  4. 5B+West KatyMedian rent $2,340
  5. 6BHeritage MeadowsMedian rent $1,540
  6. 7BTown ParkMedian rent $1,660
  7. 8D+Pineview TerraceMedian rent $1,660

Similar neighborhoods in other cities

Areas elsewhere in Texas with the closest mix of grades.

  1. A-ShadowcreekThe Woodlands
  2. A+Southwest KellerKeller
  3. AGianniLeague City

Questions about Falls at Green Meadows

Is Falls at Green Meadows a good place to live?

Falls at Green Meadows is a neighborhood in Katy, TX, home to about 1,300 people. It gets an A, in the top 12% of Texas neighborhoods, and ranks 1st of 8 areas we score in Katy. It does best on jobs and income and worst on education levels.

How much does it cost to live in Falls at Green Meadows?

Renters in Falls at Green Meadows pay a median of $1,540 a month, 4% lower than the Katy median. The median home is worth $325,000, 19% lower than the Katy median. A median home costs 3.5x the median household income, compared with 3.5x across Katy.

What schools serve Falls at Green Meadows?

The closest rated public schools are Katy Elementary (elementary, rated B), Katy Junior High (middle, rated A) and Katy High School (high, rated B). School zones can differ from the closest school, so check with the district.

This area is built from 1 Census block group closest to the Falls at Green Meadows name on the map, so its edges are approximate. Sources: US Census Bureau 2020-2024 ACS 5-year, CDC PLACES 2025, Texas Education Agency, FEMA National Risk Index, Overture Maps. How we grade.