Flower Mound is a medium-sized city located in the state of Texas. The city has a population of 69,966 people. The majority of Flower Mound residents report their race to be White; this is followed by Asian and Black. If finding a family friendly city is important to you, look no further. With more than 86% of the population considered married and 44% with kids under the age of 18, Flower Mound could be considered a very suitable city for families.
Living in Flower Mound can be a positive experience for anyone relocating to the city. Having said that, in the state of Texas, there are many amazing places to live, so choose wisely! The best areas in Flower Mound and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, weather, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
Using data and statistics Flower Mound has received a livability score of 82 out of 100. This score is ranked in the 96th percentile when compared to all other cities. Pack your bags! This is a very high score in comparison to other US cities. Living in Flower Mound could be a great choice! The cherry on top is that Flower Mound also ranks in the top 10 percent of all cities. For each of the livability categories, we can establish that Flower Mound ranks very well for crime (A+), weather (B), education (A+), employment (A-) and housing (A). Regrettably for Flower Mound, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (F).
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. Flower Mound has a violent crime rate of 59 crimes per 100,000 residents which is far lower than the national average.
School test scores can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Flower Mound have a test score average of 88%, which is well above the US average.
For buyers, real estate will be the largest purchase they ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Flower Mound 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.
Flower Mound 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 Flower Mound. The median home price for Flower Mound homes is $292,600, which is 105% higher than the Texas average. If we take a closer look at the affordability of homes in Flower Mound, we’ll see that the home price to income ratio is 2.4, which is 7.7% lower than the Texas average. Year over year appreciation rates for homes in the Flower Mound area were 4.9% and the 5 year appreciation rates came in at 7.4%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.