Living in Dallas, Texas
Cost of living, income, home prices, rent and demographics of Dallas · Census data 2020–2024
Dallas has 1,307,930 residents with a median age of 33.4. The median household income is $70,518 (10% lower than the Texas median), the median home value is $320,700, the median rent is $1,472/month.
Dallas at a glance
- Population
- 1,307,930
- Median age
- 33.4State: 35.6
- Median household income
- $70,518State: $78,476
- Median home value
- $320,700State: $283,800
- Median rent
- $1,472/moState: $1,403
- Homeowners
- 42.4%
- Bachelor's degree or higher
- 38.2%
- Average commute
- 26 min
Is Dallas a good place to live?
Pros: An average commute of 26 minutes; unemployment of 4.9%.
Cons: Median household income 10% lower than the Texas median; home values 13% higher than the state median; a poverty rate of 16.7%.
The weather is best in March–April and October–November.
Cost of living in Dallas
Housing is the biggest part of the cost of living. In Dallas the median home value is $320,700, 4% lower than the U.S. median. Renters pay a median of $1,472 per month, which is 30.9% of household income. Homeowners with a mortgage pay $2,316 a month in housing costs.
Dallas median household income
The median household income in Dallas is $70,518 and the income per person is $45,811. 16.7% of residents live below the poverty line (Texas: 13.8%).
Housing in Dallas: homes for sale and rent
- Housing units
- 590,237
- Owner-occupied
- 42.4%
- Renter-occupied
- 57.6%
- Vacant
- 9.5%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.42
Dallas demographics
- Population
- 1,307,930
- Median age
- 33.4
- Under 18
- 23.9%
- 65 and older
- 11.8%
- Households
- 533,915
- Foreign-born
- 23.4%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Dallas ›
Education in Dallas
38.2% of adults 25 and older in Dallas have a bachelor's degree or higher (Texas: 33.8%), and 14.9% have a graduate or professional degree.
Jobs and commute in Dallas
- Unemployment rate
- 4.9%State: 5.3%
- Average commute
- 26 minState: 27 min
- Work from home
- 15.8%
- Drive alone
- 66.6%
- Public transit
- 2.1%
- Walk to work
- 2.1%
- Homes with broadband
- 90.9%
Dallas vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Dallas | 1,307,930 | $70,518 | $320,700 | $1,472 |
| Highland Park | 8,773 | $250,001 | $1,989,900 | $1,940 |
| University Park | 25,155 | $250,001 | $1,861,800 | $3,272 |
| Cockrell Hill | 3,703 | $52,292 | $189,800 | $1,112 |
| Balch Springs | 27,255 | $66,942 | $224,400 | $1,378 |
| Mesquite | 149,299 | $72,537 | $245,700 | $1,513 |
| Hutchins | 7,496 | $47,829 | $235,200 | $1,396 |
| Garland | 246,844 | $76,320 | $270,800 | $1,641 |
| Farmers Branch | 36,645 | $91,186 | $364,600 | $1,864 |
More for people moving to Dallas
Dallas ZIP code ›Weather and climate ›Living in Dallas: FAQ
What is the median household income in Dallas, TX?
The median household income in Dallas is $70,518, 10% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Dallas?
The median home value in Dallas is $320,700, compared with $283,800 in Texas.
How much is rent in Dallas?
The median gross rent in Dallas is $1,472 per month, about 30.9% of household income.
Is Dallas, TX a good place to live?
Pluses: an average commute of 26 minutes; unemployment of 4.9%. Minuses: median household income 10% lower than the Texas median; home values 13% higher than the state median; a poverty rate of 16.7%.
What is the median age in Dallas?
The median age in Dallas is 33.4 years (Texas: 35.6).
How long is the commute in Dallas?
The average commute to work in Dallas is 26 minutes; 15.8% of workers work from home.
What is the unemployment rate in Dallas?
The unemployment rate in Dallas is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Dallas?
38.2% of adults in Dallas have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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