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Addison in the News

Addison Community Demographics:

Addison, Texas, located just north of Dallas, is a vibrant and dynamic community known for its thriving business district, diverse dining scene, and energetic lifestyle. With a small-town feel and big-city amenities, Addison attracts professionals, families, and foodies alike. Below are key demographic highlights:

Population Overview

• Total Population: ~16,000 residents

• Median Age: 33 years old

• A youthful and energetic population with a mix of young professionals, families, and retirees.

• Diversity:

• White (Non-Hispanic): ~50%

• Hispanic/Latino: ~25%

• Black/African American: ~15%

• Asian: ~8%

• Other/Mixed: ~2%

Income & Employment

• Median Household Income: ~$75,000

• Employment:

• Major industries include technology, healthcare, finance, and hospitality.

• Many residents work in Addison’s bustling business district or commute to nearby Dallas.

Education

• Education Levels:

• Bachelor’s Degree or Higher: ~50%

• Residents are well-educated, with many employed in professional and managerial roles.

Housing Market

• Median Home Value: ~$400,000

• Average Rent: ~$1,800–$2,500 per month, depending on size and amenities.

• Homeownership vs. Renting:

• Renters: ~60%, with a wide variety of luxury apartments and townhomes.

• Homeowners: ~40%, typically in single-family homes or modern townhomes.

• Housing Types:

• A mix of luxury apartments, contemporary townhomes, and single-family homes.

• Many properties feature modern amenities and walkable locations.

Lifestyle & Amenities

• Dining & Entertainment:

• Known as the Restaurant Capital of the U.S., Addison boasts over 200 restaurants offering global cuisines.

• Popular destinations include Addison Circle, Village on the Parkway, and Belt Line Road, known as “Restaurant Row.”

• Parks & Recreation:

• Over 10 parks, including Addison Circle Park, which hosts annual events like Kaboom Town (a top-rated fireworks show) and the Addison Oktoberfest.

• Miles of walking and biking trails for outdoor enthusiasts.

• Shopping:

• Proximity to Galleria Dallas and other premier shopping destinations.

Transportation

• Proximity: Just 13 miles north of downtown Dallas, making it a short drive to major business hubs.

• Public Transit: Served by DART bus routes, with plans for future rail expansion to Addison.

• Commuter-Friendly: Easy access to major highways, including the Dallas North Tollway and LBJ Freeway.

Community & Culture

• Thriving Social Scene: Addison hosts numerous festivals and events throughout the year, making it a vibrant and connected community.

• Business Hub: A major employment center with over 10 million square feet of office space.

• Pet-Friendly: Parks and pet-friendly restaurants make Addison a great place for pet owners.

Notable Statistics

• Marital Status:

• Single: ~55%

• Married: ~40%

• Other: ~5%

• Household Composition:

• Average household size: 2.1 people.

• A mix of single professionals, couples, and families.

Key Highlights

• Events and Entertainment: Addison is famous for its festivals, including Taste Addison, showcasing the best of local food and entertainment.

• Walkable Urban Vibe: Addison Circle and surrounding areas provide a pedestrian-friendly lifestyle with shopping, dining, and nightlife steps away.

• Dynamic Economy: Home to a significant business district and numerous corporate headquarters.

Addison combines the best of suburban living with urban convenience, making it an ideal choice for professionals, families, and anyone seeking a vibrant, amenity-rich community. With its rich dining options, active social calendar, and proximity to Dallas, Addison is a dynamic and inviting place to call home.