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Useful Statistics for businesses looking for office space in Addison

  Addison TX State
2013 Estimated Population 14,114 25,639,373
Median Age 32.7 33.8
Housing Units 8,554 10,070,703
Occupied 7,682 8,886,471
Owned 1,723 5,623,552
Rented 5,959 3,262,919
Average Household Size 1.84 2.82
Rental Vacancy Rate 7.1% 9.2%
Homeowner Vacancy Rate 3.4% 2%
Median Home Value $268,700 $128,900
Median Monthly Rental Cost $997 $851
Estimated Mean Income $105,397 $82,269
Median Household Income $60,096 $51,900
Percent of Individuals below poverty level 12.8% 17.6%
Educational Attainment: Percent high school graduate or higher 90.7% 81.2%
Educational Attainment: Percent high school graduate 12.6% 25.3%
Educational Attainment: Percent with some College 23.2% 22.7%
Educational Attainment: Percent bachelor degree or higher 51.2% 26.7%
Average Commute time in minutes 21.5 25
Commute 8,922 11,445,014
Commute by car, truck or other vehicle - Drive Alone 7,660 9,141,379
Commute by car, truck or other vehicle - Carpool 296 1,268,869
Use Public Transportation 164 178,917
Work from Home 557 461,512

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