Living in Highland Park, Texas
Cost of living, income, home prices, rent and demographics of Highland Park · Census data 2020–2024
Highland Park has 8,773 residents with a median age of 44.9. The median household income is $250,001 (219% higher than the Texas median), the median home value is $1,989,900, the median rent is $1,940/month.
Highland Park at a glance
- Population
- 8,773
- Median age
- 44.9State: 35.6
- Median household income
- $250,001State: $78,476
- Median home value
- $1,989,900State: $283,800
- Median rent
- $1,940/moState: $1,403
- Homeowners
- 89.4%
- Bachelor's degree or higher
- 87.9%
- Average commute
- 20 min
Is Highland Park a good place to live?
Pros: Median household income 219% higher than the Texas median; an average commute of 20 minutes; unemployment of 4.5%; a poverty rate of 7%.
Cons: Home values 601% higher than the state median.
The weather is best in March–April and October–November.
Cost of living in Highland Park
Housing is the biggest part of the cost of living. In Highland Park the median home value is $1,989,900, 498% higher than the U.S. median. Renters pay a median of $1,940 per month, which is 26.7% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Highland Park median household income
The median household income in Highland Park is $250,001 and the income per person is $195,677. 7% of residents live below the poverty line (Texas: 13.8%).
Housing in Highland Park: homes for sale and rent
- Housing units
- 3,667
- Owner-occupied
- 89.4%
- Renter-occupied
- 10.6%
- Vacant
- 10.6%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.68
Highland Park demographics
- Population
- 8,773
- Median age
- 44.9
- Under 18
- 25.5%
- 65 and older
- 19.7%
- Households
- 3,278
- Foreign-born
- 7%
- Veterans
- 5.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Highland Park ›
Education in Highland Park
87.9% of adults 25 and older in Highland Park have a bachelor's degree or higher (Texas: 33.8%), and 43.2% have a graduate or professional degree.
Jobs and commute in Highland Park
- Unemployment rate
- 4.5%State: 5.3%
- Average commute
- 20 minState: 27 min
- Work from home
- 25.5%
- Drive alone
- 69%
- Public transit
- 0.3%
- Walk to work
- 0.7%
- Homes with broadband
- 98.7%
Highland Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Highland Park | 8,773 | $250,001 | $1,989,900 | $1,940 |
| University Park | 25,155 | $250,001 | $1,861,800 | $3,272 |
| Dallas | 1,307,930 | $70,518 | $320,700 | $1,472 |
| Farmers Branch | 36,645 | $91,186 | $364,600 | $1,864 |
| Cockrell Hill | 3,703 | $52,292 | $189,800 | $1,112 |
| Addison | 17,290 | $73,854 | $482,000 | $1,784 |
| Irving | 256,492 | $81,830 | $315,600 | $1,619 |
| Richardson | 118,731 | $98,111 | $431,400 | $1,857 |
| Garland | 246,844 | $76,320 | $270,800 | $1,641 |
More for people moving to Highland Park
Highland Park ZIP code ›Weather and climate ›Living in Highland Park: FAQ
What is the median household income in Highland Park, TX?
The median household income in Highland Park is $250,001, 219% higher 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 Highland Park?
The median home value in Highland Park is $1,989,900, compared with $283,800 in Texas.
How much is rent in Highland Park?
The median gross rent in Highland Park is $1,940 per month, about 26.7% of household income.
Is Highland Park, TX a good place to live?
Pluses: median household income 219% higher than the Texas median; an average commute of 20 minutes; unemployment of 4.5%; a poverty rate of 7%. Minuses: home values 601% higher than the state median.
What is the median age in Highland Park?
The median age in Highland Park is 44.9 years (Texas: 35.6).
How long is the commute in Highland Park?
The average commute to work in Highland Park is 20 minutes; 25.5% of workers work from home.
What is the unemployment rate in Highland Park?
The unemployment rate in Highland Park is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Highland Park?
87.9% of adults in Highland Park 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.
Last updated: