Dallas Real Estate Market Overview
Public School Ranking:
Location and Weather
Dallas is the 9th largest city in the U.S. and can be found on the rolling plains in the northern region of Texas, along the Trinity River. This modern metropolis city sits 35 miles east of Fort Worth and is considered the county seat of Dallas County. Amongst the 40+ miles of green space are tons of parks, forests, and trails, making it the perfect place for residents looking to live a city life that also offers outdoor recreation.
Dallas’s moderate climate makes the weather here tolerable almost year-round, although there is some snow during the winter months. This city only receives around 40 inches of rain per year, and there are potential tornado hazards.
Population, Job Market and Cost of Living
Dallas has a population of 1,348,886, with a growth rate of 0.13% annually. The job market has increased by 3.3% over the last year. In ten years, job growth is predicted to be 45.1%. Dallas has been described as an economic hotspot, and experienced the second-slowest rate of job loss during the pandemic. This city is one of the world’s leading corporate headquarter centers, boasting 9 Fortune 500 companies and 17 Fortune 1000 companies. Some of these companies include American Airlines, GameStop, Celanese, Vistra Energy and D.R. Horton, Inc.
Dallas also boasts a strong education sector, as it’s the home of University of Texas at Dallas and University of Northern Texas. This is one of the more expensive cities to live in Texas, with transportation weighing as the biggest expense here.