Addison is a medium-sized town located in the state of Texas. With a population of 17,310 people and five associated neighborhoods, Addison is the 177th largest community in Texas. Addison real estate is some of the most expensive in Texas, although Addison house values don't compare to the most expensive real estate in the U.S.Addison is a decidedly white-collar town, with fully 89.04% of the workforce employed in white-collar jobs, well above the national average. Overall, Addison is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Addison who work in business and financial occupations (14.17%), sales jobs (13.48%), and office and administrative support (12.17%). Also of interest is that Addison has more people living here who work in computers and math than 95% of the places in the US. A relatively large number of people in Addison telecommute to their jobs. Overall, about 15.97% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Addison. 58.05% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%. The per capita income in Addison in 2022 was $56,083, which is wealthy relative to Texas and the nation. This equates to an annual income of $224,332 for a family of four. However, Addison contains both very wealthy and poor people as well. Addison is an extremely ethnically-diverse town. The people who call Addison home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Addison residents report their race to be White, followed by Black or African-American. Addison also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 27.00% of the town’s residents. Important ancestries of people in Addison include German, English, Irish, Italian, and European. Foreign born people are also an important part of Addison's cultural character, accounting for 23.27% of the town’s population. The most common language spoken in Addison is English. Other important languages spoken here include Spanish and Langs. of India.