Frisco, Texas is a mid-sized city with a population of 145,646 residents. At 71%, the majority of the Frisco population is White; this is followed by 15% Asian and 8% Black. Frisco is known to be family friendly as more than 86% of the population has already tied the knot. It might also be worth noting that 36% of residents also have children under the age of 18.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the town before actually living in Frisco, Texas. The best areas in Frisco and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, weather, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
Frisco, TX receives 93/100 for its livability score; this results in a ranking of #7 in Texas and #7 in the USA. Based on this score, Frisco would be considered a very livable city! Frisco also ranks in the top 10 percent of all cities, which is no small feat! There are seven total categories that create the livability score. Frisco ranks well for amenities (A+), crime (A+), weather (B-), education (A+), employment (A-) and housing (A+). Unfortunately for Frisco, there are some categories for which it does not score well, this includes: cost of living (D-).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Frisco, there is no shortage of amazing local amenities and interesting things to do. Some of the interesting things to do and attractions include: Main Event, Dr Pepper Ballpark, and Frisco Soccer Complex.
Low violent crime (murder, rape, robbery, assault) is a must for most people when searching for a new area to live. At 102 crimes per 100,000 residents, Frisco has a violent crime rate that is far below 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 Frisco have a test score average of 91%, which is well above the US average.
Finding affordable real estate and apartments for rent in Frisco can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category.
Assuming that Frisco meets all of your requirements, the next most important item to examine is the affordability of real estate in Frisco. Everything else becomes a lot less important if it turns out that home prices in Frisco are simply unattainable. Median real estate prices in Frisco come in at $300,900, which is 110.9% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Frisco, the home price to income ratio is 2.6, which is 0% lower than the Texas average. Real estate appreciation rates in Frisco are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Frisco homes comes in at 1.3%, and the 5 year appreciation rates were 7.4%.