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.
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.
Located in the state of Texas, Addison is a moderately-sized city with a population of 16,007 residents. In Addison, there are 3,656 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 very likely to be a great place to live for singles as only 40%, of the population (over fifteen) are classified as married. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Addison your home, your one-way commute time will typically last around 23 minutes, a duration that aligns with the national average commute time of 26 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Addison, Texas could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like amenities, cost of living, commute, health & safety, employment, you can easily compare the best places to live in Addison and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Addison to Texas and the national average.
With a livability score of 72/100, Addison is ranked #5,455 in the United States and #244 in Texas. If we explore each of the categories on their own, we see that Addison ranks well for employment (A+) and housing (A). On a less positive note, Addison does not have favorable scores for the following: crime (F) and cost of living (F). If we take a look at the data, we can find out why.
The Addison unemployment rate of 2.3% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Addison apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Addison real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Addison. The median home price for Addison homes is $615,615, which is 139.8% higher than the Texas average. If we take a closer look at the affordability of homes in Addison, we’ll see that the home price to income ratio is 5.4, which is 68.8% 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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