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Useful Statistics for businesses looking for office space in Addison
  Addison TX State
2016 Estimated Population 15,363 26,956,435
Median Age 32.6 34.2
Housing Units 9,698 10,441,643
Occupied 8,697 9,289,554
Owned 1,759 5,747,458
Rented 6,938 3,542,096
Average Household Size 1.77 2.84
Rental Vacancy Rate 9.7% 7.6%
Homeowner Vacancy Rate 1.8% 1.6%
Median Home Value $307,300 $142,700
Median Monthly Rental Cost $1,142 $911
Estimated Mean Income $118,016 $88,231
Median Household Income $70,559 $54,727
Percent of Individuals below poverty level 7.9% 16.7%
Educational Attainment: Percent high school graduate or higher 95.4% 82.3%
Educational Attainment: Percent high school graduate 13.2% 25.1%
Educational Attainment: Percent with some College 19.8% 22.4%
Educational Attainment: Percent bachelor degree or higher 56.1% 28.1%
Average Commute time in minutes 21.6 25.9
Commute 10,702 12,237,558
Commute by car, truck or other vehicle - Drive Alone 8,937 9,830,530
Commute by car, truck or other vehicle - Carpool 497 1,297,571
Use Public Transportation 253 188,919
Work from Home 612 520,981
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