What makes a town or a city the best place to live in? The answer may vary depending on who you ask, but a suburban city in Texas might just have found the perfect recipe to be hailed as one of the best places to live in by CNN’s Money Magazine for four non-consecutive years.
What’s not to love about living in an ideal town in Texas? If you are currently looking for a place to purchase a home and move in, you may want to check out the homes for sale in Mansfield, TX and find out for yourself what the buzz is all about.
Big, growing, and busy – these are the three adjectives that would enter anybody’s mind when they hear people talk about the Dallas-Fort Worth Metroplex area. There are lots of growing opportunities you can grab once you’re in this area.
Situated right in the center of Dallas, Fort Worth, and the DFW Airport, it is definitely no wonder why Mansfield, TX became one of the most livable places in the country. Despite being surrounded by big sprawling cities and an airport, this charming suburban city retained the tight-knit community vibes that gives newcomers a warm, cozy feeling. The area is near enough to big city jobs without having to live through the noise and sounds typical of growing cities.
Because of its great location, Mansfield, TX has enjoyed a consistent population boom. The current number of residents is around 62,000 with 62% of the population being White, 15% are Black, 14.2% from Hispanic or Latino descent, 4.9% Asian, and 2.7% of mixed race while the remaining are composed of other ethnicities. The median age for Mansfield is 35.9, with the native-born citizens being generally younger than foreign-born ones.
‘Safest City in Texas’
The moniker probably has to do with the very low crime rates the city has been enjoying for the past couple of years. In 2015 alone, the overall crime rate for Mansfield, TX is only 39.41 per 100,000 population which is 60.59% lower than the U.S. average .
High Median Household Income, Low Unemployment Rates
On the average, households in Mansfield, TX have an annual income of $90,089 which is substantially higher when compared to the national median household income of $53,889. It also has an impressive unemployment rate which is 25% lower than the national average.
Delving further into the data showed that the largest share of households have a yearly income of $100,000 to $125,000.
The most common jobs held by residents are in the Administrative, Management and Education, Training and Library sectors, though the highest paid employees came from Architecture and Engineering, Computer and Mathematical, and Management industries. Furthermore, the data from 2015 statistics reported that most of these high-paying employers are either in the Utilities, Professional/Scientific/Technical services, Mining/Quarrying, and Oil/Gas Extraction businesses.
High property value
If you are purchasing a home in Mansfield as an investment, then you will probably make the soundest investment in your life. The 2015 median property value of owner-occupied housing units in this area is approximately $192,000. This value is much higher than the national average at $178,600 and the values do not show any signs of weakening in the foreseeable future.
Purchasing Mansfield, TX property and either reselling or renting it out to tenants is really a good, solid investment worth the price.
Mansfield, TX has definitely found the right blend of suburban living with big city conveniences. If you want more information about this incredible little city, it will do you good to contact us at Nu Home Source Realty and prove to yourself if all the hype is real.
At Nu Home Source Realty we’ve been fortunate to assist hundreds of homebuyers through the years. We’d love nothing more than to add you to our growing list of satisfied homeowners. Call or visit us today, and let’s get started!