Importance of Education

Most school districts started their 2024-2025 academic year or are deeply into back-to-school activities. Many communities also revolve around the school year. Let’s examine how education and individual schools hold a community together.

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The school district of a future home location must be considered before settling as a homeowner, renter or landlord. A school district influences factors such as property values, educational quality, community reputation, and the area’s attractiveness to families with children. It can also reduce crime rates.

Residents should consider the quality of education, school ratings, available extracurricular activities, student-to-teacher ratios, and school proximity when selecting a future school district.

What does education do?
Education equips individuals with knowledge, skills, and critical thinking abilities. It empowers them to improve their lives, contribute to society, and adapt to a rapidly changing world. Education fosters informed citizens, promotes innovation, reduces inequality, and drives economic growth, which leads to a more prosperous and thriving community.

A school district provides educational opportunities, supports local development, fosters social and economic growth and prepares future generations with essential skills and knowledge.

How does education affect the community?
A school district’s impact extends beyond education. A school district plays a crucial role in a community for several reasons:
• Educational Opportunities: School districts provide access to education for children and young adults. Education is fundamental for personal development, career readiness, and lifelong learning. Quality education within a district helps ensure students acquire the knowledge and skills needed for future success.
• Community Development: Schools often serve as community hubs. They offer extracurricular activities, sports events, and other cultural programs to unite people and foster a sense of community. They also contribute to community pride and cohesion.
• Economic Impact: A well-functioning school district can attract families and businesses to an area. The schools boost local economies. Property values often rise in communities with strong schools because families prioritize education when choosing where to live.
• Workforce Development: Schools equip students with essential skills and knowledge. Many districts also partner with local businesses and higher education institutions to create pathways for students to enter various professions.
• Civic Engagement: Schools educate students about their roles and responsibilities as citizens. Schools help to instill values of civic duty, participation, and community involvement. Educated individuals are more likely to engage in their communities and contribute positively to society.

How does a school district affect employment?
Strong schools can enhance local job opportunities and economic growth. A school district can:
• Attract Employers: Good schools draw companies looking to relocate and create local job opportunities for employees.
• Boost Local Economy: Strong schools can increase property values and local spending, which leads to more jobs.
• Hire Educators: Quality schools need more teachers and staff. In rural settings, many of the most educated residents are employed by the educational system.
• Create a Skilled Workforce: Good education systems develop a skilled workforce, which attracts businesses.
• Encourage Business Relocation: Families move for better schools. These movements can shift local labor markets.

How do school districts affect home prices?
Better schools often lead to higher home prices due to increased demand and perceived value. The quality of a school district affects house prices in several ways:
• Demand: Homes in high-performing school districts are in higher demand, which increases prices.
• Perceived Value: Good schools offer better future opportunities and entice families to pay more.
• Market Stability: Homes in desirable school districts tend to have more stable prices due to constant demand.
• School Ratings: High rankings can attract buyers and increase property values. Unfortunately, the State of Texas standard ratings have been blocked by lawsuits since 2019.
• Community: Good schools often enhance neighborhood appeal. An engaged community boosts property values.

How does education affect crime rates?
Education often helps reduce crime rates. Education provides individuals with better job opportunities, increases social cohesion, and teaches problem-solving skills, which can deter criminal behavior.

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Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212
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