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4 DFW Suburbs Among the Fastest-Growing, Most Affordable in US, Report Shows
Suburbs Seeing Population Boom, Home Price Growth
Four Dallas-Fort Worth suburbs are among the fastest-growing and most affordable in the United States, according to a new report.
The report, from SmartAsset, analyzed data from the U.S. Census Bureau and the National Association of Realtors.
The four DFW suburbs that made the list are:
- Frisco
- McKinney
- Plano
- Allen
Frisco Ranked Top Overall
Frisco was ranked as the top suburb in the country for overall affordability and growth.
The city has a median home price of $385,000, which is below the national average of $416,000.
Frisco also has a strong economy, with a unemployment rate of just 2.5%.
McKinney, Plano, and Allen Also Ranked Highly
McKinney, Plano, and Allen were also ranked highly in the report.
McKinney was ranked as the third most affordable suburb in the country, with a median home price of $345,000.
Plano was ranked as the fifth most affordable suburb, with a median home price of $368,000.
Allen was ranked as the seventh most affordable suburb, with a median home price of $390,000.
DFW Suburbs Offer a High Quality of Life
In addition to being affordable, the four DFW suburbs that made the list also offer a high quality of life.
Frisco, McKinney, Plano, and Allen all have excellent schools, parks, and recreation opportunities.
The suburbs are also located near major cities, such as Dallas and Fort Worth, which offer a wide variety of cultural and entertainment options.
Conclusion
The four DFW suburbs that made SmartAsset's list are great places to live and work.
They offer a high quality of life, a strong economy, and affordable housing.
If you are looking for a great place to live in the Dallas-Fort Worth area, consider one of these four suburbs.
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