Addison, TX
Population 17,128 · Texas
About Addison, TX
Addison is a mid-sized city located in Texas with a population of 17,128 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,858 per year, which is 10% above the national median of $75,149. The median age of 35.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Addison features a median home value of $466,000, which is 90% above the national median of $244,900. This places Addison in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,717, 48% above the national average of $1,163/month. Of the 10,772 total housing units, 18% are owner-occupied (1,801 units) and 82% are renter-occupied (8,241 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Addison shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Addison have an average one-way commute time of 24.9 minutes.
Education & Demographics
61.5% of Addison residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 12.8% White, 2.4% Hispanic or Latino, 0.8% Black or African American, and 11.3% Asian residents, with 22.8% of the population being foreign-born.
Cost of Living in Addison, TX
Compared to national averages, Addison has a median household income of $82,858 (10% above the national median of $75,149). Home values average $466,000, which is 90% above the national median. Monthly rent at $1,717 is 48% above the US average of $1,163. Within Texas, Addison's income is 14% above the state average of $72,726, and home values are 120% above the state median of $211,769.
Why Live in Addison, TX?
Addison offers a strong local economy with a median household income of $82,858, well above the national average, and a strong job market with an unemployment rate of just 2.8%, and a well-educated community where 61.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.8%, better than the national average, and short commute times averaging just 24.9 minutes.
Potential considerations include a competitive housing market where the typical home costs $466,000. However, Addison’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Addison has a population of 17,128 with a median age of 35.6 years. Compare Addison with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Addison
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bellaire | 17,116 | $236,311 | $978,300 | Compare |
| Glenn Heights | 17,175 | $79,739 | $252,200 | Compare |
| Groves | 17,021 | $70,485 | $153,800 | Compare |
| Stafford | 17,279 | $85,910 | $247,900 | Compare |
| Manor | 16,917 | $86,477 | $333,800 | Compare |
| Royse City | 17,357 | $116,424 | $288,400 | Compare |
| Donna | 16,774 | $38,082 | $68,500 | Compare |
| Taylor | 16,767 | $71,665 | $246,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Addison With Other Cities
Frequently Asked Questions about Addison
What is the population of Addison, TX?
The population of Addison, TX is 17,128 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Texas.
What is the median household income in Addison?
The median household income in Addison, TX is $82,858 per year, which is 10% above the national median of $75,149.
What is the median home value in Addison?
The median home value in Addison, TX is $466,000, which is 90% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Addison?
The median monthly rent in Addison, TX is $1,717, which is 48% above the national average of $1,163/month.
What is the unemployment rate in Addison?
The unemployment rate in Addison, TX is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Addison, TX a good place to live?
Addison offers above-average incomes, a competitive housing market, and a strong job market. With a population of 17,128 and a median age of 35.6, the city appeals to a broad range of residents.
How educated is Addison, TX?
61.5% of residents in Addison aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Addison?
Key cost-of-living indicators for Addison, TX: median home value is $466,000 (90% above national), median rent is $1,717/month, and median household income is $82,858. The home-value-to-income ratio is 5.6x, a moderate figure by national standards.
What is the poverty rate in Addison?
The poverty rate in Addison, TX is 6.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Addison, TX?
Addison's population is 12.8% White, 2.4% Hispanic or Latino, 0.8% Black or African American, 11.3% Asian, and 18.0% two or more races. 22.8% of residents are foreign-born.