Area Insights of Dallas, TX

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 5 homes were sold with 2742 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Dallas, TX

Date

04-05-2023

Price Ratio

100%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Ascension Day School

PK to KG

Torah Day School of Dallas

PK to 8

Southwest Adventist Junior Academy

PK to 8

Ann & Nate Levine Academy

PK to 8

Dallas International School

KG to 4

Middle School

La Academia de Estrellas Middle School

6 to 8

Ratings

B-

West Dallas Junior High School

7 to 8

High School

Medlock Youth Village

7 to 12

P a S S Learning Center

8 to 11

Wisdom High School

9 to 10

Ratings

C

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 8% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (1,367,640)
682,999 Male
684,641 Female
Education
21% High School
5% Associate
23% Bachelor
15% Graduate
Age

Average Age is 36 Years

Household Details

The area's household landscape is diverse, with 42% owner-occupied homes and 58% renter-occupied properties. Family households represent 55% of the population, indicating a strong community focus on family living. The average home value stands at $679,802, which suggests ample demand for multi-bedroom properties.

Total Households
543,659
Average home value
$679,802
Owned
42%
Rented
58%
Vacant
8%
Families
55%
Married
36%
With children
28%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 4% Asian, 22% Black, and 1% Native residents, alongside 36% White and 41% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 30% of households earning over $100,000 annually, while 30% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
2%
Healthcare
11%
Professional
11%
Education
7%
Services
28%
Labor
21%
Retail
13%
Other
7%
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