Welcome to Arlington, 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, Arlington 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 Arlington
Its average salary is a central indicator of Arlington’s robust economy. The earnings compete favorably with many other locations nationwide, with a figure standing at $60,000. This competitive wage, combined with a wide range of job opportunities in sectors as diverse as Healthcare, education, retail, manufacturing, and entertainment makes Arlington an ideal location for professionals from various walks of life.
Median Home Value in Arlington
The real estate landscape in Arlington is as varied as it is promising. The median home value is $240,000, offering everything from cosy starter homes to luxurious residences. An impressive homeownership rate of 45.50% underlines Arlington as a prime spot for long-term investment and stability.
For those who prefer the flexibility of renting, they’ll be in good company. 54.50% 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 Arlington
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 Arlington. 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 Arlington
Arlington has a population of around 392,786 inhabitants. These residents are comfortably spread across 95.9 sq mi (or 248.4 km2), ensuring a comfortable balance of urban life without the pressures of overpopulation. The city’s population density stands at 4,111 individuals per square mile, offering a sense of community while still allowing for personal space.
Economic Landscape in Arlington
Arlington enjoys a thriving economy with Healthcare, education, retail, manufacturing, and entertainment being the major contributors. The proximity of the nearest airport (Dallas/Fort Worth International Airport (DFW)), 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 Arlington
Arlington holds education in high esteem. The city boasts top-ranking schools, such as The University of Texas at Arlington, Arlington Independent School District, Tarrant County College, Mansfield Independent School District, Arlington Classics Academy, providing excellent educational opportunities from the foundational levels. For higher education, prestigious institutions like University of Texas at Arlington, Tarrant County College District and Arlington Baptist University, produce a well-educated, competent workforce contributing to Arlington’s vibrant economy and societal fabric.
City’s Alias: Arlington
Affectionately known as ‘The American Dream City or ATX‘, Arlington, positioned at 32.70°N 97.12°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, Arlington promises a rewarding and enriching experience.
Recreation and Lifestyle in Arlington
Experience the exciting pace of life in Arlington, where many recreational activities await. Whether you’re an art enthusiast, a sports fanatic, or a nature lover, Arlington caters to all. Popular attractions include AT&T Stadium, Globe Life Field and Six Flags Over Texas, 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 Arlington’s vibrant events calendar, filled with cultural festivals, sporting events, and community gatherings that highlight the city’s spirit of camaraderie.