Welcome to Tyler, 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, Tyler 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 Tyler
Its average salary is a central indicator of Tyler’s robust economy. The earnings compete favorably with many other locations nationwide, with a figure standing at $49,000. This competitive wage, combined with a wide range of job opportunities in sectors as diverse as Healthcare, education, manufacturing, retail, government makes Tyler an ideal location for professionals from various walks of life.
Median Home Value in Tyler
The real estate landscape in Tyler is as varied as it is promising. The median home value is $190,000, offering everything from cosy starter homes to luxurious residences. An impressive homeownership rate of 43.50% underlines Tyler as a prime spot for long-term investment and stability.
For those who prefer the flexibility of renting, they’ll be in good company. 56.50% 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 Tyler
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 Tyler. 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 Tyler
Tyler has a population of around 107,192 inhabitants. These residents are comfortably spread across 57.5 sq mi (or 148.9 km2), ensuring a comfortable balance of urban life without the pressures of overpopulation. The city’s population density stands at 1,843 individuals per square mile, offering a sense of community while still allowing for personal space.
Economic Landscape in Tyler
Tyler enjoys a thriving economy with Healthcare, education, manufacturing, retail, government being the major contributors. The proximity of the nearest airport (Tyler Pounds Regional Airport (TYR)), 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 Tyler
Tyler holds education in high esteem. The city boasts top-ranking schools, such as Robert E. Lee High School, John Tyler High School, Grace Community School, All Saints Episcopal School, Tyler Classical Academy, providing excellent educational opportunities from the foundational levels. For higher education, prestigious institutions like University of Texas at Tyler, Tyler Junior College and Texas College, produce a well-educated, competent workforce contributing to Tyler’s vibrant economy and societal fabric.
City’s Alias: Tyler
Affectionately known as ‘Rose Capital of the World‘, Tyler, positioned at 32.32°N 95.31°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, Tyler promises a rewarding and enriching experience.
Recreation and Lifestyle in Tyler
Experience the exciting pace of life in Tyler, where many recreational activities await. Whether you’re an art enthusiast, a sports fanatic, or a nature lover, Tyler caters to all. Popular attractions include Tyler Rose Garden, Caldwell Zoo and Tiger Creek Wildlife Refuge, 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 Tyler’s vibrant events calendar, filled with cultural festivals, sporting events, and community gatherings that highlight the city’s spirit of camaraderie.