Flower Mound ranks among the top 10 best places for young families in Texas, according to analysis by NerdWallet. The analysis considered three key elements including public school excellence, median home values and median household income, said Spencer Tierney, an analyst who worked on the study, in a telephone interview.
The study showed seven of the top 10 cities were in the Dallas-Fort Worth region with most having growth rates higher than the state average of 29.14 percent, according to a news release. The analysis used overall student test scores, U.S. Census Bureau data, monthly living costs and long-term income growth since 1999, among other data, Tierney said.
In a report issued this week, NerdWallet cited the following about Flower Mound: “Flower Mound, the most affluent suburb on our list, is in bloom. From its premier medical centers to its lakeside scenery, this town has surged over the past 10 years on many fronts. To increase commercial infrastructure, the town recently poured $25 million into the Lakeside Business District, where companies such as CustomInk and Best Buy have opened facilities. Flower Mound’s school system, Lewisville Independent School District, has seen six of its schools recognized as National Blue Ribbon Schools of Excellence. Water sport enthusiasts and horse lovers also thrive here — the town is close to two lakes and three equestrian centers.”
Other communities among the top 10 were Frisco, Allen, Burleson, Mansfield, Keller, Wylie, Sugar Land, Pearland and Friendswood – the last three in the greater Houston area.
“We wanted to help the consumer,” Tierney said of the study, adding they outlined components most likely to be important to young families – education, housing affordability and long-term income growth.
“We made sure every city deserved its ranking.”
See the full report here.