The City of Dallas

Demographics

Dallas is a city that is rapidly expanding with a growing labor market as well as a diverse population. The city of Dallas has an estimated two million residents making it the ninth largest city in the United States and the third largest city in Texas. The Dallas Metropolitan Area is the tenth largest in the United States. Dallas also has a young labor market with a median age of 32.1 years old. The population of Dallas is comprised of 50.8% Caucasian, 25.9% African American, 2.7% Asian and 35.5% Hispanic.

Business

The city of Dallas is well known for its pro business attitude. The December 1999 issue of Fortune Magazine named Dallas the overall best city for business in North America. One reason that Dallas is so appealing for residents and businesses is that there is no personal or corporate income tax and no state property tax in the city. To get an idea of the growth of business in Dallas, businesses produced an estimated Gross Area Product of $310 billion in 1999. Currently, there are 150,000 businesses in the Dallas area and 6,000 corporate headquarters. In addition, eight of the nation’s largest public firms are headquartered in Dallas. Dallas is also known for being one of the largest high technology employment centers in the nation thus the nickname “Silicon Prairie”. The Telecom Corridor is composed of 600 high tech companies making it the largest concentration of telecommunications companies in the United States.

Transportation

Dallas is located in the center of the United States which makes it an ideal location for businesses. The city is equally close tofive of the largest business centers in North America which include New York, Los Angeles, Mexico City and Toronto. Transportation to and from these cities can be made at the Dallas/Fort Worth International Airport which is the world’s third busiest airport. The airport is served by 9 international and 21 domestic airlines including DFW based American Airlines and Southwest Airlines. For businessmen traveling to downtown Dallas, the Dallas Love Field is conveniently located three miles from the downtown area. The direct flight time from Dallas to any city in the United States is estimated to be four hours or less. Commute time in the city is efficient as well with an average of 24 minutes in the Dallas area. If you want to avoid rush hour traffic, you can ride the Dallas Area Rapid Transit (DART) which provides a network covering the city itself and thirteen surrounding suburban communities.

Helpful Numbers

City of Dallas - (214) 670-3144

TXU Gas - (800) 460-3030

TXU Electric - (800) 242-9113

City of Dallas Water - (214) 651-1441

Garbage/Trash Collection - (214) 670-8613

Verizon - (800) 483-4400

Southwestern Bell - (800) 464-7928

Reliant Energy - (866) RELIANT

Dallas Area Rapid Transit - (214) 979-1111

Dallas Fort Worth International Airport - (972) 574-8888

Dallas Love Field Airport - (214) 670-6073

Dallas Tourist Information - (214) 571-1300

Events Hotline - (214) 571-1301

Time/Temperature - (214) 844-4444

Gas Prices

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Area Information

Park Cities

Park Cities, nicknamed “the bubble”, is made up of two cities named Highland Park and University Park only seven minutes away from downtown Dallas. Park Cities is bounded on the east by the Central Expressway US-75 and on the west by the Dallas North Tollway. Preston Road runs north and south through the middle of these two communities. This small town community has a population of 33,300. The Park Cities residents generally have a higher average income as compared to nearby residents as well as their own independent government and public services hence the nickname. The median household income for Highland Park is close to $150,000 while University Park households average $90,000. The median new home in the Park Cities goes is a staggering $1,000,000. So it comes as no surprise that Highland Park is the fourth wealthiest city in Texas. These two exclusive towns are known for the highest real estate and home values in the Dallas area. Park Cities provides beautiful parks, shops, restaurants and services to keep the high quality of life enjoyed by its residents.

Preston Hollow

Preston Hollow is an establish neighborhood located in North Dallas. The houses in Preston Hollow have been steadily increasing over the years and currently range anywhere from $200,000 to over $9,000,000. This neighborhood is only minutes away from Dallas' most prestigious shopping venues yet the atmosphere is that of being in a secluded country setting. Manicured lawns, private tree lined entrances and secluded estates are hallmarks of the Preston Hollow area. A few notable figures live in this area such as Dallas Mavericks owner Mark Cuban, presidential candidate billionaire Ross Perot and current city mayor Laura Miller.

Lakewood

Lakewood is a proud and prestigious neighborhood that is increasingly popular with young professionals and their families. It is a perfect place for people looking for city life but averse to high traffic and high rent. Also very popular with cyclishts, runners and hikers who want easy access to the lake. Most of the shops in Lakewood are original and give a funky feeling to the area. The historic Lakewood Theater shows classic films and hosts many contemporary musical and comedy events. In regards to real estate, appreciation has equaled parts of California and formerly run-down areas are now more expensive than most Dallas suburbs.

Kessler Park

Often referred to as Dallas' hidden jewel of a neighborhood, Kessler Park offers attractive hilly topography, old-growth trees, atmospheric beauty and impressive architecture. It is conveniently located near I-30 and I-35E for easy access to other parts of the city. Kessler Park also boasts one of the most impressive views of the Dallas skyline.

Swiss Avenue

Towering trees, sloping green lawns, inviting front porches and broad lamplit boulevards are some of the characteristics you will find at the Swiss Avenue Historical District. One of the finest early twentieth century neighborhoods in the Southwest, the district has more than two hundred homes with excellent examples of more than a dozen historical styles. Each home was individually designed by an architecht which offers features for everyone.

Bluffview

A Dallas hide-a-way that offers a unique secluded environment providing homeowners with a city escape. This presitgious neighborhood showcases some of Dallas' best custom homes. Bluffview is an ideal location that is only minutes away from Downtown Dallas and in close proximity to shopping centers, dining, and entertainment.