What percentage of people rent in Addison, TX?

82.0% (±3.0 points) of the occupied homes in Addison, TX are rented (2020–2024 American Community Survey).

That is 8,856 renting households against 1,939 that own their home.

In Addison, the share of households that rent went from 80.4% in 2015–2019 to 82.0% in 2020–2024 (+1.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
82.0% (±3.0 points)
Renting households
8,856 (±521)
Median renter income
$70,763 (±$4,910)

Who rents and who owns in Addison

Tenure, estimate (90% margin of error)
AddisonDallas CountyTexasUnited States
Renter-occupied share82.0% (±3.0 points)49.2% (±0.4 points)37.4% (±0.2 points)34.8%
Renting households8,856 (±521)483,826 (±4,280)4,113,561 (±20,050)45,017,354
Owning households1,939 (±350)498,911 (±4,480)6,879,255 (±32,101)84,210,142
Average renter household size1.6 (±0.1)2.4 (±0.0)2.4 (±0.0)2.3
Average owner household size1.8 (±0.2)2.9 (±0.0)2.9 (±0.0)2.6
Median renter household income$70,763 (±$4,910)$59,770 (±$845)$53,222 (±$285)$52,966
Median owner household income$123,135 (±$14,493)$101,516 (±$1,325)$100,555 (±$369)$100,009

In Addison, the renter share is higher than in Dallas County (49.2%).

It is also higher than in Texas (37.4%).

It is higher than the national figure (34.8%).

In Dallas County, Addison ranks 1 of 25 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 7 of 1,421.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Addison has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent80.4% (±2.1 points)82.0% (±3.0 points)+1.6 percentage pointsNot a measurable change
Median gross rent$1,354 (±$51)$1,784 (±$45)+31.8%Up after inflation
Median household income$74,986 (±$5,674)$73,854 (±$4,430)−1.5%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Addison

Nearest places with a published estimate, compared with Addison
PlaceDistanceHouseholds that rentCompared with this place
Addison—82.0% (±3.0 points)—
Farmers Branch3.6 mi57.6% (±2.4 points)Lower
Carrollton4.2 mi41.5% (±1.6 points)Lower
Hebron6.5 mi10.1% (±7.6 points)Lower
Richardson7.3 mi49.3% (±1.6 points)Lower
Plano7.8 mi43.1% (±1.0 points)Lower
University Park8.3 mi16.8% (±2.9 points)Lower
Coppell9.1 mi31.2% (±2.6 points)Lower
Highland Park9.4 mi10.6% (±3.0 points)Lower

Nearby places with a measurably lower figure: Farmers Branch, TX (57.6%), Carrollton, TX (41.5%), Hebron, TX (10.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Dallas County, place by place

RankPlaceHouseholds that rent
1Addison82.0% (±3.0 points)
2Irving61.9% (±1.3 points)
3 (tie)Dallas57.6% (±0.5 points)
3 (tie)Farmers Branch57.6% (±2.4 points)
5Hutchins51.3% (±9.5 points)
6Richardson49.3% (±1.6 points)
7Cockrell Hill41.6% (±9.8 points)

Showing 7 of 25 places in Dallas County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Addison

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Questions about Addison

How many renters are there in Addison?

Addison has an estimated 8,856 (±521) renting households, 82.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Addison?

In Addison, the share of households that rent went from 80.4% in 2015–2019 to 82.0% in 2020–2024 (+1.6 percentage points), not a measurable change.

How big are renting households in Addison?

A renting household in Addison has 1.6 people on average, against 1.8 in an owned home.

How much do renters earn in Addison?

The median renting household in Addison, TX has an income of $70,763 (±$4,910) a year, against $123,135 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Addison town, Texas (place:01240, in state:48).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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