A recent report conducted by data provider HomeSnacks has listed Frisco at No. 3 among the richest big cities in the United States.
Frisco, which is part of the Dallas Fort Worth metroplex, was the fastest-growing city in the United States in 2017. However, it is perhaps best known for being home to the 91-acre Dallas Cowboys project "The Star," which includes the team's headquarters and training facilities, including the Ford Center.
No doubt some of the Cowboys players would assist in lifting the median income of Frisco residents.
Rank Last Year: 4 (Up 1)
Median Income: $128,761 (5th best)
Unemployment Rate: 3.7% (25th best)
Poverty Rate: 4% (4th lowest)
Cost of living:
Frisco's overall cost of living index is 1.2x higher than the United States average. Compared to other cities in Texas, Frisco is even more expensive, with a cost of living index that's 1.3x higher than the Texas average.
Median Home: $420,700
Median Rent: $1,508
The two cities in the United States that are richer than Frisco are Cary in North Carolina and Centennial in Colorado.
Five other Texas cities made the top twenty on the rich cities list. They include:
- Pearland at number 7
- League City at number 10
- McKinney at number 12
- Allen is at number 15
- And in the 19th spot is the city of Plano.
Are you surprised that Frisco is the third richest city in the United States? Do you find the cost of living in Frisco too high?
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