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Corpus Christi, TX, is the 8th largest community in Texas and has become an enclave for young professionals looking to start their careers. This coastal city has one of the largest ports in the nation and deals in a large quantity of distribution as well as energy, tourism, and military. Job growth in the city is about 3 percent and unemployment has remained at the low 5 percent. The median household income is $36,414 and the median family income is $41,672 annually.
As of the beginning of March 2015, the median value of owned homes in Corpus Christi was $72,100 and the median asking price was $252,385 week over week. The most popular neighborhoods in the city are South Side, Bay Area, Padre Island, Central City, Flour Bluff, and Calallen. Average sale prices for homes were the following: 1 bedroom - $105,245, 2 bedrooms - $171,754, 3 bedrooms - $226,704, and 4 bedrooms - $304,630.
Education in Corpus Christi is generally ranked low to average, but there are definitely some good schools to be attended. In terms of annual crime, violent crime rates are above the 3.8 per 1,000 residents national average at 6.33 while property crime is 46.39 per 1,000 residents and is higher than the 27.3 national average.
The Texas port city has much to offer residents in points of interests, including their famous beaches, the USS Lexington, Whataburger Field, Texas State Aquarium, the Selena Museum, and the American Bank Center. As more young professionals make their way into the city, property values are expected to rise in the next few years, so getting into the market via Rent to Own (aka Lease Option) can lower the barrier to entry if you are having difficulty with the initial down payment or credit requirements of getting a mortgage. If you prefer a beach town with a Southwestern attitude, make Corpus Christi your next move!