Aledo is a very small city located in the state of Texas. With a population of 5,864 people and four associated neighborhoods, Aledo is the 388th largest community in Texas. There's nothing like the smell of a brand new house, and in Aledo, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Aledo, and putting down their money on brand new construction. Aledo’s real estate is, on average, some of the newest in the nation. Aledo does seem to be experiencing an influx of affluent people, because the median household income is $123,045.00. Aledo home prices are not only among the most expensive in Texas, but Aledo real estate also consistently ranks among the most expensive in America.Aledo is a decidedly white-collar city, with fully 90.88% of the workforce employed in white-collar jobs, well above the national average. Overall, Aledo is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Aledo who work in management occupations (14.35%), business and financial occupations (13.68%), and healthcare (10.57%). Also of interest is that Aledo has more people living here who work in computers and math than 95% of the places in the US. One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.41% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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. Because of many things, Aledo is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Aledo really has some of the features that families look for when choosing a good community to raise children. Is Aledo perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live. In Aledo, however, the average commute to work is quite long. On average, people spend 31.63 minutes each day getting to work, which is significantly higher than the national average. Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Aledo. 58.79% 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 Aledo in 2022 was $52,694, which is wealthy relative to Texas and the nation. This equates to an annual income of $210,776 for a family of four. Aledo is a very ethnically-diverse city. The people who call Aledo home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Aledo residents report their race to be White, followed by Black or African-American. Aledo also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.14% of the city’s residents. Important ancestries of people in Aledo include German, English, Irish, European, and Italian. The most common language spoken in Aledo is English. Other important languages spoken here include Spanish and Polish.