Wylie, Texas is a moderately-sized city with a population of 45,655 residents. At 75%, the majority of the Wylie population is White; this is followed by 14% Black and 4% Asian. Wylie could be a great place for young adults and students as the average age of 33 years old is below the nation’s average. Wylie has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 79% of the population is classified as married and 37% have kids.
Living in Wylie can be a good experience for anyone relocating to the town. Having said that, in the state of Texas, there are many desirable places to live, so choose wisely! The best areas in Wylie and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, weather, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
The livability score in Wylie is 87 out of 100 and the city is ranked in the 99th percentile of all cities across America. Pack your bags! This is a very high score in comparison to other US cities. Living in Wylie could be a great choice! Wylie also ranks in the top 10 percent of all cities, which is no small feat! If we explore each of the categories on their own, we see that Wylie ranks well for crime (A+), cost of living (B-), education (A+) and housing (A+).
Low violent crime (murder, rape, robbery, assault) is a must for most people when searching for a new area to live. At 94 crimes per 100,000 residents, Wylie has a violent crime rate that is far below the national average.
The average school test scores in Wylie are 85%. This far exceeds the national average and ensures that this educational system will provide your children with the skills and the tools they need to thrive.
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 Wylie 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.
Assuming that Wylie meets all of your requirements, the next most important item to examine is the affordability of real estate in Wylie. Everything else becomes a lot less important if it turns out that home prices in Wylie are simply unattainable. The median home price for Wylie homes is $163,500, which is 14.6% higher than the Texas average. If we take a closer look at the affordability of homes in Wylie, we’ll see that the home price to income ratio is 2, which is 23.1% lower than the Texas average. Real estate appreciation rates in Wylie 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 Wylie homes comes in at 4.4%, and the 5 year appreciation rates were 9%.