Dallas - Fort Worth Area
Based on the cost of housing compared to median family income, home prices in the DFW region are some of the most affordable in the country according to the Urban Institute.
POPULATION DENSITY AND GROWTH
The Dallas–Fort Worth region is expected to grow to a population of 10.5 million people and employ more than 6.6 million by the year 2040. Growth is likely to occur in almost all parts of the region.
Source: Dallas Regional Chamber
According to Dallas Regional Chamber, the Dallas downtown area is a corporate center, home to many of the city’s most prestigious firms. It is home to the headquarters for Comerica Inc., AT&T Inc., Energy Future Holdings and 7-Eleven. It also hosts the city’s largest law firms and major offices for Ernst & Young, and KPMG. Downtown Dallas also hosts several large hotels and meeting facilities, including the Dallas Convention Center. Downtown is also home to the Dallas Arts District, a 19-block zone that includes the city’s most prestigious arts venues, among them the AT&T Performing Arts Center. Downtown is also an up-and-coming residential neighborhood, with new and redeveloped condo and apartment buildings bringing a 24-hour vibrancy to the area. The Uptown area of the urban core is a hip, young neighborhood with restaurants, fashionable retail stores and bars linked by the McKinney Avenue Trolley. The Victory Park development is home to the American Airlines Center, where the Dallas Mavericks NBA and Dallas Stars NHL teams play, along with high-rise office and
luxury residential towers. (Source: Dallas Regional Chamber)
Based on the cost of housing compared to median family income, home prices in the DFW region are some of the most affordable in the country according to the Urban Institute. According to Dallas Regional Chamber, Stability characterizes the DFW housing market. Its ability to remain strong during global economic fluctuations has been sustained through a combination of a lower cost of living compared with other major metropolitan areas and a diverse economic base that has kept unemployment figures well below national levels. The bottom line for families is that a dollar buys more square feet per home in DFW.