As we approach a New Year—one in which several decisions will need to be made by our Council that will impact Addison and taxpayers for years to come—Facts Matter decided to take a look at some facts about our Town that you may or may not be aware of. You already know how fortunate you are to live in Addison, with all its parks, restaurants, special events, live theatre and incredible town services. But….
Did you know…
- The cost of living in Addison is 31% higher than the Texas average
- The cost of retail goods and services in Addison, TX are 5% higher than the average for Texas and 2% higher than the rest of the country
- The cost of housing in Addison is 42% higher than the national average
- Texas state income tax is 100% lower than the national average (because, of course, we have no state income tax)
- Homeowners in Addison, TX have a median income of $102,435
- 9% of resident of Addison speak English at home
- 7% of Addison residents speak Spanish at home (46% speak English very well, 18% speak English well, 12% speak English not well, 4% don’t speak English at all)
- 2% foreign born population
- The median year house/condo built: 1993
- The median year apartment built: 1990
- Median number of rooms in house/condos: 6.2 (5.8 state average)
- Median number of rooms in apartments: 3.2 (3.8 state average)
- Median resident age: 33.1 (34.0 state median age)
- Estimated median household income in 2013: $58,067
- Estimated median house or condo value in 2013: $266,396
- Median gross rent in 2013: $989 (more than 1200 were $1250 to $1499; nearly 800 were $800 to $899; nearly 700 were $900 to $999; and only 343 were $550 to $599. All others ranged from $300 to $2000 or more with only 64 being $2000 or more)
- Addison-area historical earthquake activity is slightly below Texas state average. It is 78% smaller than the overall U.S. average
- Addison-area historical tornado activity is above Texas state average. It is 155% greater than the overall U.S. average.
- On 4/25/1994, a category F4 (max. wind speeds 207-260 mph) tornado 22.1 miles away from Addison town center killed 3 people and injured 48 people and caused between $50,000,000 and $500,000,000 in damages
- Most common occupations in 2013:
- Professional, scientific and technical services (20%)
- Health care and social assistance (13%)
- Finance and insurance (11%)
- Educational services (10%)
- Office and administrative support occupations (23%)
- Management occupations (18%)
- Business and financial operations occupations (14%)
- Sales and related occupations (12%)
- 3% work at home
- The majority of residents travel 15-19 minutes to work
- 82% drive their car to work alone
As you wrap up your holiday gift giving, have you noticed that the gifts you bought your family members several years ago are probably no longer the kind of gifts that accommodate their needs or desires of today?
Just as your family members’ needs and desires have grown so have Addison’s. The best Christmas gift our town can get from its residents this year is the gift of involvement—getting involved enough to ensure that future decisions protect Addison’s greatest treasures while being fiscally responsible enough to protect our infrastructure and to grow in responsible ways.
The first issue of the New Year to impact Addison’s future will be the housing policy, which will be up for discussion at the January 10 Council meeting. Get involved. Know the facts. Take action and let your Council members know how you feel about more apartments. You can make a difference if you care.
Facts Matter will not publish again until January 5, 2017
Happy New Year too!
Photo Courtesy of Jorgen Kesseler/Flickr
The Facts Matter Website is made possible through the generous donations from Angels of Addison.
Information resources: bestplaces.net, Council for Community & Economic Research, 4th quarter 2015 and City-data.com