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City Of Frisco Releases 2023 Population Insights

As of November 2023, 230,794 individuals live in Frisco
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As the year comes to an end, the city of Frisco released its 2023 population insights and data

According to the city, as of Nov. 1, 2023, Frisco is home to 230,794 people. Of those, the median age is 38 years old, 7.7% of the population is school-aged children, 9.1% are over 65 years old and 6.7% live with a disability. 

Also by the end of 2023, 48.1% of Frisco’s population are white, 26.7% are Asian, 12.4% are more than one race and 9.3% are Black or African American. American Indian, Native Hawaiian and other races make up less than 1% of the population. 

​​The city approximates that the mean assessed value of homes in Frisco is $634,272, with a median home value of $571,204. It is also estimated that there are a total of 81,781 households and 85,242 housing units in Frisco. As of Nov. 1, the city further estimates 59,641 single-family units and approximately 25,409 multi-units in Frisco.

According to the city, 34.3% of residents rent their residence, and 65% own their home. Residents with less than 30% of the average household income occupy 19.7% of owned houses, while 44.5% rent Frisco homes. 

The data also showed that 38.6% of residents are married with children, while only 9.9% are single parents. Married couples without children make up 26.1% of the households, and 25.4% of residents are unmarried and do not have children.

The city’s data showed that less than 3% of residents are unemployed, with 39.7% of workers working from home. The average commute time is approximately 27.6 minutes. 

But Frisco isn’t the only Texas city rapidly growing. Local Profile previously reported that out of the additional 1.6 million people in the U.S., 30% of those chose Texas as their new home state. Texas added 473,453 people in 2023, the largest numeric change in the nation, followed by Florida with 365,205 residents.

The most recent state-to-state migration flow data shows that the top 5 states new Texas residents are moving from include California at the top, with Texas as the number 1 destination for residents leaving the state.