Welcome to Amarillo, Texas
A city that is as vibrant and diverse as it is welcoming. With its unique blend of cultural richness, economic dynamism, and friendly community spirit, Amarillo has something for everyone. Let’s take a closer look at key demographic, economic, and social characteristics that make this city a prime destination for potential residents or investors.
Average Salary in Amarillo
Its average salary is a central indicator of Amarillo’s robust economy. The earnings compete favorably with many other locations nationwide, with a figure standing at $50,000. This competitive wage, combined with a wide range of job opportunities in sectors as diverse as Healthcare, education, agriculture, manufacturing, energy makes Amarillo an ideal location for professionals from various walks of life.
Median Home Value in Amarillo
The real estate landscape in Amarillo is as varied as it is promising. The median home value is $160,000, offering everything from cosy starter homes to luxurious residences. An impressive homeownership rate of 37.20% underlines Amarillo as a prime spot for long-term investment and stability.
For those who prefer the flexibility of renting, they’ll be in good company. 62.80% of the local populace choose to rent, drawn by a versatile rental market that offers options for everyone from recent graduates to retirees.
Credit Ratings and Loan Opportunities in Amarillo
The financial health of a city’s residents can be crucial in numerous aspects, including the capacity to secure loans. In Texas, the average credit score sits at 693. This rating is a key factor for financial institutions when offering loans, with higher scores often leading to more favorable loan conditions.
However, a low credit score is not a roadblock in Amarillo. Numerous lenders in the city are specialists in offering guidance and loan solutions to individuals across the credit score spectrum, ensuring everyone has the opportunity to realize their financial goals.
Demographics and Density in Amarillo
Amarillo has a population of around 201,234 inhabitants. These residents are comfortably spread across 102.3 sq mi (or 265.0 km2), ensuring a comfortable balance of urban life without the pressures of overpopulation. The city’s population density stands at 1,959 individuals per square mile, offering a sense of community while still allowing for personal space.
Economic Landscape in Amarillo
Amarillo enjoys a thriving economy with Healthcare, education, agriculture, manufacturing, energy being the major contributors. The proximity of the nearest airport (Rick Husband Amarillo International Airport (AMA)), amplifies the city’s attractiveness for businesses seeking to expand or set up shop, offering excellent connectivity with both national and international markets. The city’s average credit score of 693 reflects a financially responsible and economically active populace.
Educational Opportunities in Amarillo
Amarillo holds education in high esteem. The city boasts top-ranking schools, such as Amarillo College, West Texas A&M University, Amarillo Independent School District, Canyon Independent School District, Bushland Independent School District, providing excellent educational opportunities from the foundational levels. For higher education, prestigious institutions like Amarillo College, Texas Tech University Health Sciences Center and West Texas A&M University, produce a well-educated, competent workforce contributing to Amarillo’s vibrant economy and societal fabric.
City’s Alias: Amarillo
Affectionately known as ‘The Yellow Rose of Texas or Bomb City‘, Amarillo, positioned at 35.20°N 101.83°W, is celebrated for its energetic culture, committed efforts to preserve its rich history, and the superior lifestyle it provides its residents. Whether you’re a potential resident, investor, or visitor, Amarillo promises a rewarding and enriching experience.
Recreation and Lifestyle in Amarillo
Experience the exciting pace of life in Amarillo, where many recreational activities await. Whether you’re an art enthusiast, a sports fanatic, or a nature lover, Amarillo caters to all. Popular attractions include Cadillac Ranch, Palo Duro Canyon State Park and Amarillo Botanical Gardens, providing a rich mixture of educational and entertainment experiences.
The city’s commitment to promoting a balanced lifestyle is further showcased by its array of parks and open spaces, ideal for relaxation or active pursuits. Not to forget Amarillo’s vibrant events calendar, filled with cultural festivals, sporting events, and community gatherings that highlight the city’s spirit of camaraderie.