Year after year, cities in North Texas rank near the top of Money magazine’s annual list of best places to live.
In 2018, Frisco is No. 1.
It’s no secret Frisco is popular as all get out. In the last quarter century it’s transformed from a country town to a booming suburb that’s home to high-end shops, self-driving cars and the Dallas Cowboys.
Money magazine also cites its good public schools. Frisco ISD earned an A in the state’s latest education ratings.
However, for all of its growth, Money says affordability housing has been a tradeoff. Home prices are 2.7 times higher than incomes.
Here’s a snapshot of Frisco, based on Money’s calculations:
- Population: 179,067
- Median home price (based on the first quarter of 2018): $349,000
- Median household income: $129,118
- Average commute time: 30 minutes
- Projected job growth (between 2017-2022): 14.91 percent
- Clear days per year: 232
- High school graduation rate: 98 percent
The rankings were limited to cities with 50,000 or more people. Money “eliminated any place that had more than double the national crime risk, less than 85 percent of its state’s median household income, or a lack of ethnic diversity,” resulting in 583 places.
The greatest weight was put on economic health, public school performance and local amenities. Housing, cost of living and diversity were also considered. And reporters researched each place.
Flower Mound comes in at No. 16. It's the only other Texas city in the 2018 rankings.
Watch Money’s video about Frisco