Commute
High commute scores indicates that public transit should be easily accessible in this area and the average commute time to work is less than average.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Cost Of Living
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
Crime
This area is reporting high crime rates per 100,000 people and could signify that it is a dangerous place to live. Crime rates include both violent and property crimes.
Addison, Texas is a mid-sized city with a population of 15,428 people. In Addison, there are 3,544 people per square mile, which is well above the national population density average. The median age of all Addison residents is 33, which is well below the national average. This is a good indication that this city could be ideal for a younger demographic. Addison is not known to have a high population (over 15 years old) of married people. At only 40% married, this city falls well below the national average. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Addison, your commute time will align closely with the national average, spanning a one-way duration of approximately 23 minutes.
Are you trying to decide if living in Addison is the right fit for your lifestyle? To ensure a fulfilling experience before moving to any new city in Texas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. To help you find the best places to live in and around Addison, AreaVibes has created a livability score using key metrics like crime, cost of living, education, employment, housing and more.
Addison, TX receives 72/100 for its livability score; this results in a ranking of #230 in Texas and #5,172 in the USA. For each of the livability categories, we can establish that Addison ranks very well for employment (A) and housing (B). On a less positive note, Addison does not have favorable grades for the following: crime (F) and cost of living (F). If we take a look at the data, we can find out why.
When contemplating a move, job prospects often top the list of priorities. In Addison, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.18% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Addison market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Addison is actually affordable. Median real estate prices in Addison come in at $348,200, which is 144% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Addison, the home price to income ratio is 4.6, which is 76.9% higher than the Texas average.
| Statistic | Addison | Texas | National |
| Average one way commute | 23min | 26min | 26min |
| Workers who drive to work | 77.3% | 80.3% | 76.4% |
| Workers who carpool | 5.5% | 10.6% | 9.3% |
| Workers who take public transit | 1.9% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 2.6% | 1.6% | 2.8% |
| Working from home | 11.7% | 4.3% | 4.6% |
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