Frisco is a larger medium-sized city located in the state of Texas. With a population of 154,407 people and 29 constituent neighborhoods, Frisco is the 27th largest community in Texas. Much of the housing stock in Frisco was built relatively recently. The construction of new real estate can often be taken as an indication that the local Frisco economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Frisco, where the median household income is $114,098.00.
Frisco home prices are not only among the most expensive in Texas, but Frisco real estate also consistently ranks among the most expensive in America.
Frisco is a decidedly white-collar city, with fully 92.06% of the workforce employed in white-collar jobs, well above the national average. Overall, Frisco is a city of managers, professionals, and sales and office workers. There are especially a lot of people living in Frisco who work in management occupations (19.41%), sales jobs (14.27%), and office and administrative support (11.22%).
Also of interest is that Frisco has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.21% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
Because of many things, Frisco is a great place for families with children to consider. First of all, many other families with children live here, making Frisco a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Frisco has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Frisco’s overall crime rate is lower than average for the country.
In Frisco, however, the average commute to work is quite long. On average, people spend 30.42 minutes each day getting to work, which is significantly higher than the national average.
If knowledge is power, Frisco is a pretty powerful place. 59.22% of the adults in Frisco 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 Frisco in 2010 was $44,151, which is wealthy relative to Texas and the nation. This equates to an annual income of $176,604 for a family of four.
Frisco is an extremely ethnically-diverse city. The people who call Frisco home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Frisco residents report their race to be White, followed by Asian. Frisco also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.60% of the city’s residents. Important ancestries of people in Frisco include Irish, English, Italian, and French .
Foreign born people are also an important part of Frisco's cultural character, accounting for 16.96% of the city’s population.
The most common language spoken in Frisco is English. Other important languages spoken here include Spanish and Other Asian languages.