Today, Addison is the result of explosive growth of business since the 1980s. Though Addison has only 14,166 residents, daytime population is estimated at over 100,000.

With more than 170 restaurants, there is a restaurant for every 79 Addison residents. Addison is a popular location for many Dallas-area restaurants because Addison allows restaurants to serve alcoholic beverages by the drink, while many nearby municipalities do not. Addison has 22 hotels, featuring a total of at least 4,000 hotel rooms and meeting facilities.

Addison Airport consumes roughly half of the city’s 11.5 square kilometers (4.4 square miles) and is the third-largest general aviation airport in the nation.  Major corporate headquarters in Addison include Dresser and Mary Kay Cosmetics. Other major employers in Addison include Bank of America and Regus.[citation needed] Other companies based in Addison include Jani-King and Palm Harbor Homes.  Martinaire has its headquarters on the property of Addison Airport.  Compuware has offices in Addison.  At one time CompUSA and Pizza Hut had their headquarters in Addison. Addison is located in close proximity to the headquarters of HP Enterprise Services (formerly Electronic Data Systems), JC Penney, and Frito Lay in Plano.

Because of Addison’s overwhelmingly commercial atmosphere, residents of Addison enjoy a unique lifestyle not common in other suburbs. In 2005, the town of Addison introduced a wireless Internet network covering most of the town. Though use costs a nominal fee, the network works to drive businesses and serves its residents.

Residents and visitors can enjoy many Addison attractions. There are special events in Addison 29 weekends of the year.  The WaterTower Theatre produces plays and musicals and hosts the annual Out of the Loop Festival.  The Cavanaugh Flight Museum houses a collection of aircraft since World War I.Addison Circle Park, built in the early 2000s, is a venue for several seasonal outdoor events, such as the University of North Texas’ North Texas Jazz Fest, “Addison Artfest,” Oktoberfest, and the food exposition “Taste Addison.” The Addison Improv Comedy Club and Restaurant brings in some of the most acclaimed comedic talent in the region. Addison hosts one of the largest 4th of July fireworks shows, called Kaboom Town.

 

Market SnapshotSeptember 2020

Total New Listings

26
160 % from last month

Median List Price

$372,000
3 % from last month