Aledo is a somewhat small city located in the state of Texas. With a population of 6,655 people and four associated neighborhoods, Aledo is the 388th largest community in Texas. Much of the housing stock in Aledo was built relatively recently. The construction of new real estate can often be taken as an indication that the local Aledo economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Aledo, where the median household income is $163,231.00.
Aledo home prices are not only among the most expensive in Texas, but Aledo real estate also consistently ranks among the most expensive in America.
Also of interest is that Aledo has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 17.32% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Aledo is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Aledo’s overall crime rate is lower than average for the country.
One downside of living in Aledo is that it can take a long time to commute to work. In Aledo, the average commute to work is 30.44 minutes, which is quite a bit higher than the national average.
Aledo is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
If knowledge is power, Aledo is a pretty powerful place. 57.24% of the adults in Aledo have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Aledo in 2022 was $57,377, which is wealthy relative to Texas and the nation. This equates to an annual income of $229,508 for a family of four.
Aledo is a somewhat ethnically-diverse city. The people who call Aledo home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Aledo residents report their race to be White, followed by Black or African-American. Aledo also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.50% of the city’s residents. Important ancestries of people in Aledo include German, English, Irish, Italian, and Scottish.
The most common language spoken in Aledo is English. Other important languages spoken here include Spanish and Polish.