Midland, Texas is a moderately-sized city with a population of 128,051 residents. If we look at the most recent Census, Midland is known to have a predominantly White population. The next two most common races are Black and Asian. Additionally, more than a quarter of the population of Midland are of Hispanic or Latino origin, and 30% of the population also speak Spanish. Midland tends to attract a younger crowd, as the median age of 32 is far below the national average. Midland is known to be family friendly as more than 72% of the population has already tied the knot. It might also be worth noting that 57% of residents also have children under the age of 18.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Midland could be a positive experience compared to other cities in Texas if you know where to look. Using the livability score which includes data from categories like amenities, cost of living, weather, education, employment, you can easily compare the best places to live in Midland and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Midland to Texas and the national average.
Using data and statistics Midland has received a livability score of 83 out of 100. This score is ranked in the 97th percentile when compared to all other cities. This is a phenomenal score, as Midland ranks well in multiple categories! Midland also ranks in the top 10 percent of all cities, which is no small feat! For each of the livability categories, we can establish that Midland ranks very well for amenities (A+), weather (B+), education (B) and employment (B-).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Midland has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the notable things to do include: The Petroleum Museum, Odessa Meteor Crater and Museum, and Wagner Noel Performing Arts Center.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Midland. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Midland are affordable. Median real estate prices in Midland come in at $182,300, which is 27.8% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Midland, the home price to income ratio is 2.6, which is 0% lower than the Texas average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Midland will offer some insight into determining if your home purchase will be a solid investment for years to come. In Midland, the year-over-year appreciation rates were 13.3%, and the 5 year appreciation rates came in at 4.9%.