Addison is a medium-sized town located in the state of Texas. With a population of 17,012 people and five constituent neighborhoods, Addison is the 177th largest community in Texas.
Addison home prices are not only among the most expensive in Texas, but Addison real estate also consistently ranks among the most expensive in America.
Also of interest is that Addison has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 14.42% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Addison, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the town.
If knowledge is power, Addison is a pretty powerful place. 57.95% of the adults in Addison have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Addison in 2018 was $51,512, which is wealthy relative to Texas and the nation. This equates to an annual income of $206,048 for a family of four. However, Addison contains both very wealthy and poor people as well.
Addison is an extremely ethnically-diverse town. The people who call Addison home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Addison residents report their race to be White, followed by Black or African-American. Addison also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 25.16% of the town’s residents. Important ancestries of people in Addison include German, Irish, English, Italian, and European.
Foreign born people are also an important part of Addison's cultural character, accounting for 23.43% of the town’s population.
The most common language spoken in Addison is English. Other important languages spoken here include Spanish and Langs. of India.