Residents of Pearland know that the bustling Houston suburb is a red-hot real estate value. The area boasts an impressive median income and close proximity to downtown Houston, the Johnson Space Center, and the Houston area’s abundance of Fortune 500 headquarters.
Little wonder, then, that a new list published by MarketWatch ranks Pearland as the fourth-best affordable place to live in Texas. The financial website makes note of Pearland's high median household income, which comes in at $92,346. Meanwhile, homes in Pearland average around $260,000.
And there's the lifestyle quotient. MarketWatch notes that Pearlanders love golf: the 'burb offers courses like Golfcrest Country Club, Pearland Golf Club, and Southwyck Golf Club.
Also mentioned are shopping and dining — The Pearland Town Center, an open-air lifestyle mall, gets a nod, as do the city’s 140 restaurants.
Elsewhere in Texas, the West Texas city of Odessa tops the list, which is based on data compiled by Livability. That website ranks the livability of U.S. cities.
Lewisville comes in as the second-best affordable place to live in Texas. MarketWatch applauds Lewisville for its median home price of $153,000, which it says is “decidedly modest for a municipality just minutes from Dallas and Fort Worth.”
In addition, Lewisville is praised for its “eclectic mix of things to do,” including shopping at Old Town Lewisville and enjoying outdoor activities at Lewisville Lake.
Showing up at No. 3 on the list is Cedar Park, a suburb of Austin. Aside from its growing number of employers, Marketwatch notes Cedar Park is home to the American Hockey League’s Texas Stars and minor league basketball’s Austin Spurs.
After Pearland, in fifth place is Frisco, which boasts the highest median income on the list: $108,284.
The report underscores Frisco’s status as a “shopper’s paradise,” with millions of square feet of retail and dining establishments. Additionally, MarketWatch says Frisco could be described as a “sports lovers’ paradise” — it's home to The Star, Dallas Cowboys World Headquarters, and many other local teams.