Addison, the place to be for fun and people watching. Once called Peters Colony, Addison was later named after the community’s postmaster in 1902. Unlike most of the cities in Collin County, Addison was not created by the movement of settlers from other parts of the country. Instead it was created when a cabin was built near White Rock Creek. Addison’s first industry was a cotton gin which helped develop the area to the town it is today.
The major portion of Addison is located on Beltline Road. Addison was one of the few cities willing to allow liquor stores and the serving of alcoholic beverages in restaurants. This in fact gave Addison the distinction of having one of the largest concentrations of restaurants in the metroplex.
Addison has grown to a town that understands both the value of providing the best restaurants and entertainment with a quaint lifestyle as provided by Addison Circle. This is a community of apartments, condominiums and townhomes which are more or less self-contained providing eateries and markets for local residents. Old world feel with new construction advantages. Addison also hosts one of the largest displays of fireworks in July. Along with the taste of Addison and other similar activities gives Addison big city fun with small town charm.
ADDISON FACTS AND FIGURES
-Addison’s restaurants are capable of seating and serving over 20,000 people at any one time
-Addison has over 118 acres of parks and recreational areas
-Addison is host to more than 100,000 people a day
-In 2013, Addison’s population was a little over 15,000
-51% of Addison’s population has attained a college degree or better
-Typical travel time to work for residents is a little over 20 minutes due in large part to easy access to the Dallas North Toll road
-Median household income is over $60,000 annually
-Addison is a little over 4.38 square miles
-There are over 3,000 business operating in Addison
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Any home sales data appearing on this page is obtained from public record sources (or estimates, for non-disclosure states) as provided by OnBoard, LLC and does not comprise an appraisal or a Comparative Market Analysis (CMA). This information should not be used to replace a professional appraisal nor to determine the price of a particular property.