Located in the state of Texas, Grand Prairie is a moderately-sized city with a population of 185,631 inhabitants. More than a quarter of the residents of Grand Prairie identify themselves as Hispanic or Latino, and 36% of the population speak Spanish as their primary or secondary language. Grand Prairie tends to attract a younger crowd, as the median age of 33 is far below the national average. 70% of the people in Grand Prairie (over the age of 15) are married and 51% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Grand Prairie could be a positive experience compared to other cities in Texas if you know where to search. Finding the best places to live in Grand Prairie and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, weather, employment, housing and other important metrics.
With a livability score of 82/100, Grand Prairie is ranked #862 in the United States and #226 in Texas. Pack your bags! This is a very high score in comparison to other US cities. Living in Grand Prairie could be a great choice! Another exciting tidbit, is that Grand Prairie ranks better than 90% of all US cities! There are seven total categories that generate the livability score. Grand Prairie ranks well for amenities (A), cost of living (B-), education (A-) and housing (A+).
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 available, most people will need to know if the real estate in Grand Prairie is actually affordable. Median real estate prices in Grand Prairie come in at $132,600, which is 7.1% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Grand Prairie, the home price to income ratio is 2.2, which is 15.4% lower than the Texas average. Year over year appreciation rates for homes in the Grand Prairie area were 9.7% and the 5 year appreciation rates came in at 9.9%. 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.