June 2012 research & demographic solutions AllianceTexas Research and Demographic Solutions Research and Demographic Solutions is a professional consulting firm that specializes in demographic research and analysis specializing in household, population and employment estimates and forecasting. RDS staff uses Geographic Information Services (GIS) for planning, demographic and mapping solutions. The services we provide help our clients establish the need for future infrastructure by providing timely decision-making information that targets rapidly changing areas within their municipalities or confirms regional and census estimates or demographic forecasts. The principal consultants of Research and Demographic Solutions have more than 30 years of experience in helping private and public entities with demographics and facility planning. Our mission is to provide outstanding data, unmatched service and innovative GIS techniques that ensure accurate planning and forecasting decisions. Our Services: Household, Population and Employment Forecasting RDS has been involved with Dallas Fort Worth planning for over 30 years. Our experience can help you decide the markets you want to target, find the optimal location for new roads, building and infrastructure, or ensure that you are properly represented in overall regional planning efforts. Let RDS collaborate with you and your staff to provide you with strategic, accurate decision-making information. In-Depth Demographic Research RDS may act as independent consultants to public and private entities and provide required updates and/or revision to the underlying socioeconomic growth forecasts for Metropolitan Areas, including population, employment and economic factors. The final product may act as a standalone report or be included as an Appendix to required traffic and toll revenue studies. Independent Review of NCTCOG 2040 Demographic Forecast Data RDS principals have extensive experience with regional forecasts and were directly involved in the development and adoption of DFW region’s standing 2030 Demographic Forecast. Staff has also participated in base year development and review of the 2040 Forecast that is currently underway and managed by NCTCOG. Our background has given us the ability to understand the strength’s and shortfalls of forecast models and ensure that your city will be represented fairly and the data will be accurate. City and Regional Planning Let RDS’ experienced staff help you reach long and short term goals without committing permanent dollars to staff and resources. We understand the budget constraints endured by many municipalities today. Our team can partner with your full-time staff to accomplish planning goals. We can provide a wide array of services: household, population and employment estimates and projections, land-use planning, comprehensive planning assistance and GIS solutions and mapping. RDS can address the economic, demographic and policy issues of your community as it grows and changes to help you enhance your citizen’s quality of life. Comprehensive GIS and Mapping Services RDS offers complete GIS and Mapping services, as well as customized packages to meet all of your needs. We use the latest aerial imagery, street, parcel, land use, zoning or any other spatial coverages available. We can also help you use your maps as a planning tool and provide useful analysis for your area of interest. Census Data Analysis The Census Bureau data is hands down, the most comprehensive“official” source of demographic information for our country. From tiny census blocks to the entire US, we can help you work through the endless maze of Census Bureau data to give you a clear, concise picture of trends amd demographics for your specific target area or community. www.rdsplanning.com AllianceTexas Corridor Area of Interest Bill Hanna’s February 2012 story in the Fort Worth StarTelegram, “Where 122,000 Feel Isolated”, examined AllianceTexas’ history and addressed current and future issues the corridor may face. After reading this article, RDS and Hillwood partnered to conduct an in-depth examination of demographic shifts from 2000 to 2010, as well as analysis to determine how 2010 AllianceTexas demographics would fare locally, statewide and nationally if the area was considered its own municipality. Together, RDS and Hillwood Properties established an Area of Interest (AOI) based on Census geography that includes portions of Denton County and Tarrant County. The AOI is bounded by the Wise County line on the west and Grapevine Lake on the east. The northern section of the AOI begins near Justin, Texas and extends south, narrowing as it goes, to Northwest Loop 820. Between 2000 and 2010, the 108,000 acre Alliance Texas AOI became one of the United States’ fastest growing communities. As of 2010, over 200,000 people and 260 companies called AllianceTexas home. The diversity of this unique master-planned, mixed use development has allowed AllianceTexas to become a thriving community that will continue to grow and improve well into the future. AllianceTexas Corridor Area of Influence by 2010 US Census Blocks Research & Demographic Solutions www.rdsplanning.com 1 AllianceTexas Corridor Area of Interest Population and Households 2000 2010 Percent Change Total Population Total Housing Units Total Households Owner-Occupied Housing Units Renter-Occupied Housing Units Overall Occupancy Rate 97,917 35,419 33,399 27,567 5,832 94% 209,537 75,015 71,014 56,375 14,639 95% 114.0% 111.8% 112.6% 104.5% 151.0% 0.4% Between 2000 and 2010, the AllianceTexas corridor saw significant jumps in residential development and accompanying population. During the decade, the corridor more than doubled both population and households and almost tripled rental units. Households by Type 2000 2010 Percent Change Family Households Married Couple Family Male Householder, no wife present Female Householder, no husband present Non-family Households One person Households 26,974 23,235 1,113 2,626 6,425 5,096 56,267 46,734 2,597 6,936 14,747 11,295 108.6% 101.1% 133.3% 164.1% 129.5% 121.6% According to the Census Bureau, a family household consists of two or more individuals related by birth, marriage or adoption. Non-family households consist of people that live alone or share their residence with unrelated persons. Both family and non-family households grew proportionately as the corridor added over 37,000 total households. Almost eighty percent of the total 2010 households are family households, while 83 percent of the family households are married couple families. Housing and Income Variables Average Household Size Median Household Income Median Owner-Occupied Home Value 2000 2010 2.92 2.95 $72,924 $85,353 $148,547 $183,929 Percent Change 1.1% 17.0% 23.8% Average household size saw a slight uptick over the decade, but both median household income and single family housing values increased significantly. Over the ten-year timeframe, median household income rose by almost $12,500 and the median home value jumped by over $35,000. 2 AllianceTexas Corridor Area of Interest AllianceTexas 2.95 AllianceTexas $85,353 AllianceTexas $183,929 2010 Average Household Size DFW MSA Texas 2.75 2.78 2010 Median Household Income DFW MSA Texas $56,349 $49,646 2010 Median Owner-Occupied Home Value DFW MSA Texas $147,200 $123,500 United States 2.59 United States $51,914 United States $188,400 The tables above illustrate AllianceTexas’ 2010 statistics for average household size, median household income, and median owner-occupied home value, as well as how the AOI stacks up against the DFW MSA, Texas and the US. Overall, these demographics demonstrate that AllianceTexas has larger “family-oriented” household sizes, very high household incomes, and relatively low home values. 3 AllianceTexas Corridor Area of Interest Total Popuation AllianceTexas DFW MSA Texas United States 2000 2010 Percent Growth 97,917 5,197,130 20,851,820 281,421,906 209,537 6,305,062 24,311,891 303,965,272 114.0% 21.3% 16.6% 8.0% Under 5 yrs. 2000 2010 Percent Growth AllianceTexas DFW MSA Texas United States 8,730 418,878 1,624,628 19,175,798 18,030 492,570 1,903,554 20,131,420 106.5% 17.6% 17.2% 5.0% 2000 2010 Percent Growth 66,520 3,758,712 14,965,061 209,128,094 142,532 4,433,035 17,639,656 229,932,155 114.3% 17.9% 17.9% 9.9% 2000 2010 Percent Growth 4,055 420,898 2,072,532 34,991,753 10,329 522,294 2,466,642 38,749,413 154.7% 24.1% 19.0% 10.7% 18 yrs. and Over AllianceTexas DFW MSA Texas United States 65 yrs. and Over AllianceTexas DFW MSA Texas United States AllianceTexas’ percentage growth in total population and in all three age-group categories was significantly higher in comparison to the DFW MSA, Texas, and the US. Population by Race 2000 Percent of 2000 Total 2010 Percent of 2010 Total Total Percent Change Hispanic or Latino Not Hispanic or Latino 9,431 88,486 10% 90% 30,459 179,078 15% 85% 223.0% 102.4% Hispanics and Latinos now make up a more significant portion of the total AOI population. In 2000, Latinos accounted for 10 percent of AllianceTexas’ population. In 2010, that number has risen to 15 percent. Overall, in the ten year timeframe, the Hispanic and Latino population tripled while the Non-Hispanic population doubled. 4 AllianceTexas Corridor Area of Interest Educational Attainment 2000 Population 25 Yrs. and Over 71,365 Percent of 2000 Total Percent of 2010 Total 2010 Percent Change 2000-2010 128,785 80.5% High School Graduate (includes equivalency) 15,225 21.3% 26,219 20.4% 72.2% Some College, No Degree 20,477 28.7% 35,037 27.2% 71.1% Associate's Degree 5,459 7.6% 11,308 8.8% 107.1% Bachelor's Degree 18,373 25.7% 35,243 27.4% 91.8% Graduate or Professional Degree 6,373 8.9% 12,432 9.7% 95.1% The education levels of AllianceTexas residents increased between 2000 and 2010. In 2010, college-degreed residents made up 45.8 percent of residents over age 25, while in 2000, only 42.3 percent had earned a degree. Overall, in 2010, 93.4 percent of the population had at least a high school diploma. In 2000, that total was 92.4 percent. Educational Attainment 27.4% 27.2% 21.0% 17.3% 17.6% 15.0% 15.0% 17.1% 20.0% 20.0% 20.4% 25.0% 22.1% 22.0% 20.6% 23.4% 26.0% 29.0% 30.0% 8.8% 6.4% 6.3% 7.5% 6.6% 5.0% 9.7% 9.9% 8.5% 10.3% 10.0% 0.0% AllianceTexas * Includes Equivalency DFW MSA Texas United States 5 AllianceTexas Corridor Growth Comparison 20 Largest DFW Cities in 2010 Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Dallas Fort Worth Arlington Plano Garland Irving AllianceTexas Grand Prairie Mesquite McKinney Carrollton Frisco Denton Richardson Lewisville Allen Flower Mound North Richland Hills Mansfield Rowlett 2000 2010 2000-2010 Absolute Change 1,188,580 534,694 332,969 222,030 215,768 191,615 97,917 127,427 124,523 54,369 109,576 33,714 80,537 91,802 77,737 43,554 50,702 55,635 28,031 44,503 1,197,816 741,206 365,438 259,841 226,876 216,290 209,537 175,396 139,824 131,117 119,097 116,989 113,383 99,223 95,290 84,246 64,669 63,343 56,368 56,199 9,236 206,512 32,469 37,811 11,108 24,675 111,620 47,969 15,301 76,748 9,521 83,275 32,846 7,421 17,553 40,692 13,967 7,708 28,337 11,696 The Dallas-Fort Worth Metropolitan Statistical Area (DFW MSA) grew by approximately 1.2 million persons between 2000 and 2010, second only to the Houston MSA during that timeframe. This trend continued DFW’s multi-decade run as one of the fastest growing metro areas in the country. DFW MSA Growth (in millions) 2000-2010 Percent Change 0.8% 38.6% 9.8% 17.0% 5.1% 12.9% 114.0% 37.6% 12.3% 141.2% 8.7% 247.0% 40.8% 8.1% 22.6% 93.4% 27.5% 13.9% 101.1% 26.3% After adding 111,000 persons from 2000 to 2010, AllianceTexas ranked as the seventh largest city in the DFW MSA, giving the area the second largest absolute gain and the third fastest percentage growth of cities over 50,000 in the Metroplex. 6 AllianceTexas Corridor Growth Comparison From 2000 to 2010, the lion’s share of population growth has slowed significantly in the Dallas core and has now moved to suburbs, mainly north and west of the City. Fort Worth has become one of the fastest growing large cities in the nation, adding over 200,000 people and growing by 38.6 percent in the past decade. The northern suburbs boomed as well, with Frisco (247%), McKinney (141.2%), Allen (93.4%), and Plano (17%), adding over 238,000 persons combined. The linkages of Interstate Highways 20 and 30 from Dallas to Fort Worth have greatly contributed to Grand Prairie and Arlington’s recent surge in residential growth - together adding over 80,000 people during the decade. With further expansion and improvement of the transportation infrastructure, affordable housing, positive business climate and an abundance of developable land, the trend of strong suburban growth should continue well into the foreseeable future for the DFW MSA and AllianceTexas in particular. 2000-2010 Percent Change - Top 10 DFW Cities over 50,000 Persons Rank 1 2 3 4 5 6 7 8 9 10 Frisco McKinney AllianceTexas Mansfield Allen Denton Fort Worth Grand Prairie Flower Mound Rowlett Dallas-Fort Worth-Arlington MSA 2000 2010 Percent Change 2000-2010 33,714 54,369 97,917 28,031 43,554 80,537 534,694 127,427 50,702 44,503 5,161,544 116,989 131,117 209,537 56,368 84,246 113,383 741,206 175,396 64,669 56,199 6,371,773 247.0% 141.2% 114.0% 101.1% 93.4% 40.8% 38.6% 37.6% 27.5% 26.3% 23.4% 7 AllianceTexas Corridor Growth Comparison 20 Largest Texas Cities in 2010 Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Houston San Antonio Dallas Austin Fort Worth El Paso Arlington Corpus Christi Plano Laredo Lubbock Garland Irving AllianceTexas Grand Prairie Brownsville Pasadena Mesquite McKinney McAllen Absolute Change Percent Change 2000-2010 2000-2010 2000 2010 1,953,631 1,144,646 1,188,580 656,562 534,694 563,662 332,969 277,454 222,030 176,576 199,564 215,768 191,615 97,917 127,427 139,722 141,674 124,523 54,369 106,414 2,099,451 1,327,407 1,197,816 790,390 741,206 649,121 365,438 305,215 259,841 236,091 229,573 226,876 216,290 209,537 175,396 175,023 149,043 139,824 131,117 129,877 While still 12 million people behind California in total population, Texas added 4.3 millions residents between 2000 and 2010, more than any other state in the nation. Texas managed to avoid the worst of the bursting housing bubble and the accompanying job losses that many other states struggled – and continue to struggle with in the latter portion of the decade. From 2000 to 2010, four out of the five largest Texas cities - Houston, San Antonio, Austin and Fort Worth added over 130,000 persons each. Only Dallas added fewer, growing by 9,200 during the entire decade. In absolute terms, Fort Worth added over 200,000 residents, followed by San Antonio with almost 183,000, Houston approximately 146,000, and Austin gained 134,000. Of the twenty largest cities in Texas, McKinney was the fastest 145,820 182,761 9,236 133,828 206,512 85,459 32,469 27,761 37,811 59,515 30,009 11,108 24,675 111,620 47,969 35,301 7,369 15,301 76,748 23,463 7.5% 16.0% 0.8% 20.4% 38.6% 15.2% 9.8% 10.0% 17.0% 33.7% 15.0% 5.1% 12.9% 114.0% 37.6% 25.3% 5.2% 12.3% 141.2% 22.0% growing, increasing its population by 141 percent. Other fast growers include Fort Worth at 38.6 percent, Grand Prairie at 37.6 percent, Laredo at 33.7, and Brownsville at 25.3 percent. As of 2010, AllianceTexas would have been the14th largest city in Texas. From 2000 to 2010, it would have added the 5th most residents (111,000) and been the second fastest growing city (114%) in the Lone Star State. 8 AllianceTexas Corridor Growth Comparison Top 25 US Cities Over 100,000 persons by Absolute Change 2000-2010 Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Fort Worth city Charlotte city San Antonio city New York city Houston city Austin city Raleigh city Phoenix city AllianceTexas Las Vegas city North Las Vegas city Bakersfield city Gilbert town Los Angeles city Albuquerque city Surprise city Jacksonville city El Paso city San Diego city Frisco city Henderson city Fayetteville city McKinney city Port St. Lucie city Columbus city State 2000 2010 Absolute Change 2000-2010 Texas North Carolina Texas New York Texas Texas North Carolina Arizona Texas Nevada Nevada California Arizona California New Mexico Arizona Florida Texas California Texas Nevada North Carolina Texas Florida Ohio 534,694 540,828 1,144,646 8,008,278 1,953,631 656,562 276,093 1,321,045 97,917 478,434 115,488 247,057 109,697 3,694,820 448,607 30,848 735,617 563,662 1,223,400 33,714 175,381 121,015 54,369 88,769 711,470 741,206 731,424 1,327,407 8,175,133 2,099,451 790,390 403,892 1,445,632 209,537 583,756 216,961 347,483 208,453 3,792,621 545,852 117,517 821,784 649,121 1,307,402 116,989 257,729 200,564 131,117 164,603 787,033 206,512 190,596 182,761 166,855 145,820 133,828 127,799 124,587 111,620 105,322 101,473 100,426 98,756 97,801 97,245 86,669 86,167 85,459 84,002 83,275 82,348 79,549 76,748 75,834 75,563 in cities with over 100,000 persons, AllianceTexas would have added the ninth most residents, making it the fifth fastest growing city in the us from 2000 to 2010. 9 AllianceTexas Corridor Growth Comparison Top 25 US Cities over 100,000 persons by Percent Change 2000-2010 Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Surprise city Frisco city McKinney city Murrieta city AllianceTexas Gilbert town North Las Vegas city Port St. Lucie city Victorville city Temecula city Miramar city Fayetteville city Murfreesboro city Fontana city West Jordan city Cape Coral city Roseville city Irvine city Killeen city Henderson city Raleigh city Thornton city Cary town Peoria city Denton city State 2000 2010 Percent Change 2000-2010 Arizona Texas Texas California Texas Arizona Nevada Florida California California Florida North Carolina Tennessee California Utah Florida California California Texas Nevada North Carolina Colorado North Carolina Arizona Texas 30,848 33,714 54,369 44,282 97,917 109,697 115,488 88,769 64,029 57,716 72,739 121,015 68,816 128,929 68,336 102,286 79,921 143,072 86,911 175,381 276,093 82,384 94,536 108,364 80,537 117,517 116,989 131,117 103,466 209,537 208,453 216,961 164,603 115,903 100,097 122,041 200,564 108,755 196,069 103,712 154,305 118,788 212,375 127,921 257,729 403,892 118,772 135,234 154,065 113,383 281.0% 247.0% 141.2% 133.7% 114.0% 90.0% 87.9% 85.4% 81.0% 73.4% 67.8% 65.7% 58.0% 52.1% 51.8% 50.9% 48.6% 48.4% 47.2% 47.0% 46.3% 44.2% 43.1% 42.2% 40.8% Nationally Surprise, Arizona, was the fastest growing city from 2000 to 2010 and California held six of the top 18 spots. However, Texas had two - Frisco and McKinney - of the top four fastest growing cities during the decade. 10 AllianceTexas Corridor Educational Attainment Educational Attainment Top 15 Texas Cities with over 100,000 persons 25 yrs. and Older Population 25 years and over Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 AllianceTexas Plano city, Texas Austin city, Texas Arlington city, Texas Lubbock city, Texas Amarillo city, Texas San Antonio city, Texas Corpus Christi city, Texas Fort Worth city, Texas Irving city, Texas Garland city, Texas Houston city, Texas El Paso city, Texas Dallas city, Texas Laredo city, Texas 128,875 168,847 483,714 217,633 127,076 117,791 794,190 188,822 428,377 131,318 138,499 1,302,382 375,861 744,309 121,756 Percent High Percent School Graduate Bachelor's Degree or higher or higher 93.4% 92.9% 85.1% 84.6% 84.1% 81.7% 79.5% 79.3% 78.6% 78.3% 75.6% 74.0% 73.6% 72.9% 63.8% 37.1% 54.0% 44.1% 28.7% 29.5% 21.8% 23.7% 20.6% 25.7% 32.6% 21.7% 28.2% 21.3% 28.6% 17.3% In 2010, 93.4 percent of the AllianceTexas population had earned at least a high school education or above, ranking it first in texas cities over 100,000 persons. 11 AllianceTexas Corridor Educational Attainment Educational Attainment Top 25 US Cities with over 100,000 persons 25 yrs. and Older Percent High Percent Population 25 School Graduate Bachelor's years and over or higher Degree or higher Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Overland Park city, Kansas Irvine city, California Scottsdale city, Arizona Gilbert town, Arizona Madison city, Wisconsin AllianceTexas Boise City city, Idaho Plano city, Texas Huntington Beach city, California Lincoln city, Nebraska Arlington city, Virginia Virginia Beach city, Virginia Seattle city, Washington Torrance city, California Chandler city, Arizona Henderson city, Nevada Colorado Springs city, Colorado Anchorage municipality, Alaska Fremont city, California Spokane city, Washington Alexandria city, Virginia Rancho Cucamonga city, California Raleigh city, North Carolina Fayetteville city, North Carolina Portland city, Oregon 115,893 124,576 162,805 115,599 140,832 128,875 134,767 168,847 96.5% 96.4% 95.6% 95.4% 94.1% 93.4% 93.2% 92.9% 56.4% 65.5% 51.9% 38.8% 52.2% 37.1% 37.3% 54.0% 134,172 92.8% 40.1% 154,085 146,410 281,624 434,044 101,883 144,746 175,076 92.7% 92.5% 92.5% 92.4% 92.4% 92.2% 92.0% 35.1% 70.1% 31.9% 55.1% 44.6% 39.4% 29.2% 260,496 91.9% 35.9% 177,161 91.9% 33.0% 143,247 134,252 101,028 91.1% 91.1% 90.9% 50.1% 28.2% 60.4% 100,383 90.6% 29.1% 241,038 90.4% 46.6% 117,062 89.7% 23.9% 401,196 89.5% 41.1% In 2010, for cities with over 100,000 persons, AllianceTexas ranked sixth nationwide for percentage of residents with a high school education or college degree. 12 AllianceTexas Corridor Income Comparison Median Household Income Top Texas Cities with over 35,000 Households in 2010 Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Frisco city, Texas AllianceTexas Plano city, Texas McKinney city, Texas Carrollton city, Texas Richardson city, Texas Lewisville city, Texas Garland city, Texas Arlington city, Texas Grand Prairie city, Texas Mesquite city, Texas Austin city, Texas Fort Worth city, Texas Irving city, Texas Odessa city, Texas Pasadena city, Texas Denton city, Texas Killeen city, Texas Amarillo city, Texas Corpus Christi city, Texas San Antonio city, Texas Houston city, Texas Dallas city, Texas It is interesting to note that the top eleven cities in median household income are all suburbs located within the DFW region. Also, AllianceTexas median household income is approximately double that of the major Texas cities of San Antonio, Houston, and Dallas. Total 2010 Households Median Household Income 35,493 71,014 95,445 39,639 42,387 37,461 36,282 72,512 131,668 55,189 46,742 316,337 251,779 80,615 35,762 47,328 39,060 42,918 70,122 109,160 461,139 764,758 449,597 $103,533 $85,353 $81,822 $78,256 $69,599 $68,776 $54,589 $52,389 $52,094 $51,368 $51,368 $50,520 $49,530 $47,248 $47,140 $45,116 $44,415 $44,370 $43,978 $43,457 $43,152 $42,962 $41,682 As of 2010, median household income was very high for AllianceTexas, ranking it second in the state for cities with over 35,000 households. 13 AllianceTexas Corridor Income Comparison Median Household Income Top 25 US Cities with over 35,000 Households in 2010 Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Newport Beach city, California Frisco city, Texas Naperville city, Illinois Thousand Oaks city, California Fremont city, California Arlington, Virginia Columbia, Maryland Irvine city, California Sunnyvale city, California Cary town, North Carolina Simi Valley city, California Centennial city, Colorado AllianceTexas Santa Clara city, California Carlsbad city, California San Mateo city, California Santa Clarita city, California Bellevue city, Washington Plano city, Texas Alexandria city, Virginia Huntington Beach city, California Gilbert town, Arizona Elk Grove city, California San Jose city, California Corona city, California While California contains over half of the top twenty-five cities in median household income in the US, it should be noted that the cost of living is considerably higher than the rest of the nation. Total Households Median Household Income 37,803 35,493 48,312 44,392 68,969 91,892 39,448 71,680 53,428 47,561 40,244 37,506 71,014 42,323 40,152 37,705 57,328 50,337 95,445 63,738 75,220 64,297 44,335 300,111 43,325 $107,007 $103,533 $101,911 $98,713 $96,287 $94,880 $93,174 $90,939 $90,174 $89,542 $88,675 $87,007 $85,353 $85,294 $84,728 $83,850 $82,642 $81,912 $81,822 $80,847 $80,280 $79,989 $79,457 $79,405 $79,180 As of 2010, AllianceTexas ranked 13th nationally in median household income, only Frisco ranked higher for cities in Texas. 14 AllianceTexas Corridor Housing Values Lowest Median Owner-Occupied Home Value Top 10 Texas Cities with over 35,000 Housing Units in 2010 Rank 1 2 3 4 5 6 7 8 9 10 El Paso city, Texas Corpus Christi city, Texas San Antonio city, Texas Fort Worth city, Texas Arlington city, Texas Houston city, Texas Dallas city, Texas AllianceTexas Austin city, Texas Plano city, Texas Owner-Occupied Housing Units Median Owner-Occupied Home Value 80,777 38,963 178,961 106,630 58,320 222,215 134,456 75,015 107,045 50,697 $119,100 $120,500 $122,300 $131,600 $134,500 $135,400 $142,500 $183,929 $203,400 $214,000 15 AllianceTexas Corridor Housing Values Lowest Median Owner-Occupied Home Value Top US Cities with Over 35,000 Households in 2010 Rank Total Households Median Owner-Occupied Home Value 1 2 3 4 5 6 7 8 9 10 Flint city, Michigan Buffalo city, New York Rochester city, New York Brownsville city, Texas Dayton city, Ohio Detroit city, Michigan Erie city, Pennsylvania Syracuse city, New York Pittsburgh city, Pennsylvania Birmingham city, Alabama 42,503 112,844 85,589 45,976 59,766 271,050 40,124 56,445 134,953 90,332 $61,200 $65,700 $73,600 $77,200 $79,100 $80,400 $82,400 $83,400 $85,200 $85,800 131 132 133 134 135 136 Portsmouth city, Virginia Sunrise Manor CDP, Nevada Livonia city, Michigan AllianceTexas New Orleans city, Louisiana McKinney city, Texas 37,325 63,092 37,256 75,015 116,638 39,639 $180,400 $181,500 $182,700 $183,929 $184,100 $185,300 Not surprisingly, most of cities with the lowest median home values are located in the Rust Belt. In the top ten, only Brownsville and Birmingham were not. Of the 312 cities in the United States with over 35,000 households, AllianceTexas ranked 134th. 16 AllianceTexas Corridor Housing Values Ratio of Median Owner-Occupied Home Value to Median Household Income for Cities Over 35,000 Households in 2010 Ratio of Median Median Median Total OwnerRank Household Home Value Households Occupied Income to Median Home Value HH Income 1 Odessa city, Texas 35,762 $86,200 $47,140 1.829 2 AllianceTexas 75,015 $183,929 $85,353 2.155 3 Buffalo city, New York 112,844 $65,700 $30,043 2.187 4 Wichita Falls city, Texas 37,921 $89,100 $40,670 2.191 5 San Angelo city, Texas 35,478 $86,900 $39,616 2.194 6 Mesquite city, Texas 46,742 $113,900 $51,368 2.217 7 Abilene city, Texas 42,705 $88,400 $39,766 2.223 8 Flint city, Michigan 42,503 $61,200 $27,199 2.250 9 Garland city, Texas 72,512 $118,700 $52,389 2.266 10 Pasadena city, Texas 47,328 $103,600 $45,116 2.296 11 Fort Wayne city, Indiana 101,377 $100,800 $43,847 2.299 12 Beaumont city, Texas 43,646 $93,400 $40,519 2.305 13 Topeka city, Kansas 54,475 $94,200 $40,342 2.335 14 Killeen city, Texas 42,918 $103,900 $44,370 2.342 15 Midland city, Texas 40,561 $126,600 $53,965 2.346 16 Carrollton city, Texas 42,387 $164,300 $69,599 2.361 17 Pittsburgh city, Pennsylvania 134,953 $85,200 $36,019 2.365 18 McKinney city, Texas 39,639 $185,300 $78,256 2.368 19 Frisco city, Texas 35,493 $247,500 $103,533 2.391 20 Springfield city, Illinois 50,405 $112,900 $47,209 2.391 21 Amarillo city, Texas 70,122 $105,300 $43,978 2.394 22 Grand Prairie city, Texas 55,189 $123,400 $51,368 2.402 23 Fort Worth city, Texas 251,779 $120,300 $49,530 2.429 24 Rochester city, New York 85,589 $73,600 $30,138 2.442 25 Corpus Christi city, Texas 109,160 $107,600 $43,457 2.476 The ratio shown above attempts to provide a sense of a city’s cost of housing and illustrates where home values are relatively high or low compared to household earnings. AllianceTexas ranks second only to Odessa for the lowest home value to income ratio. 17 AllianceTexas Corridor Conclusion Between 2000 and 2010, the AllianceTexas corridor experienced unprecedented growth and change resulting in a more educated, prosperous, young and diverse community. AllianceTexas’ overall demographics compare favorably to local cities and communities across Texas and the entire nation. The AllianceTexas area will continue to see significant growth and development, both residential and commercial, further establishing the community as a first rate place to live, work and play. 18
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