Based on a report by School District Strategies (SDS) on residential activity in the Midlothian Independent School District (MISD) during the third quarter of 2016, it’s clear that the district is still among the Dallas-Fort Worth metroplex’s leading growth sectors.
Other Highlights From the Report
- MISD’s ranks 23rd in most new home closings over the past year compared to all districts in Dallas-Fort Worth.
- District Household Median household income is $85,427, which is $20,000 higher than the Median household income for Ellis County as a whole.
- 92 percent of new home construction in MISD occurred within the City of Midlothian.
- The district’s median new home price is currently $290,000.
- MISD enrollment is now 8,443.
- District has averaged 2.3% annual growth since 2011/12 school year; but over the past three years the rate of growth has accelerated to an average of 3.0% per year
- 1,323 future single-family residential lots currently under development in MISD (New record for 12-month period)
- District builders start construction on 538 new homes over the past 12 months (+9.4% Y-o-Y)
- Developers deliver 598 new single-family lots in MISD over the past year
- Many of the currently active new home subdivisions are producing above average student yields
Together, these facts point to a community that continues to lead in positive residential growth and is building the home infrastructure that supports both retail development and advanced industrial development.
Great Things Are Happening Here
By all accounts, the Midlothian community is on a steady path of exciting progress. Watch for more developments!