dfw metropolitan area demographics

Office of Economic Development 214-670-1685

www.Dallas-EcoDev.org

DFW Metropolitan Area Demographics

Last updated Feb 2008. Source: OED analysis of NCTCOG, ACS data, SRC projection, and TSDC projection

Population Demographics Percent Change

2007 Estimate

2012 Projection

2007 to 2012

Total Population 6,072,411 6,673,086 9.9%

Population Density 654.1 718.8 9.9%

Total Households 2,096,242 2,242,995 7.0%

Male 3,052,524 50.3% 3,369,538 50.5% 10.4%

Female 3,019,887 49.7% 3,303,548 49.5% 9.4%

Non-Hispanic White 3,224,450 53.1% 3,263,139 48.9% 1.2%

Non-Hispanic Black 844,065 13.9% 847,482 12.7% 0.4%

Hispanic 1,609,189 26.5% 2,128,714 31.9% 32.3%

Other Race 394,707 6.5% 433,751 6.5% 9.9%

Age 16+ 4,577,770 5,064,171 10.6%

Median Age 33.6 35.1 4.5%

Income & Housing

Median Household Income $59,492 $67,964 14.2%

Per Capita Income $24,924 $25,693 3.1%

Total Housing Units 2,353,081 2,591,533 10.1%

Educational Attainment

Age 25+ 3,819,454 4,240,840 11.0%

HS Graduate 3,183,181 83.3% 3,619,279 85.3% 13.7%

Some College, No Degree 2,257,145 59.1% 2,548,465 60.1% 12.9%

Bachelor’s Degree 1,177,483 30.8% 1,366,357 32.2% 16.0%

Graduate/Professional Degree 368,826 9.7% 430,791 10.2% 16.8%

Office of Economic Development214-670-1685


Dallas Economy Executive SummaryEmployment and Firms

2007 Estimate

Age 16 + Population 945,801

In Labor Force 611,186 *

Unemployed 25,456 * 4.2% (Oct 2007 - Texas LM I/ BLS)

Jobs (Payroll Employment) 1,060,000 ** 2007Q3

Number Firms 61,175

Industry Breakout by Supersector

Employees** Firms**

Trade, Transportation, and Utilities 19.7% 20.1%

Professional and Business Services 18.2% 23.0%

Education and Health Services 14.5% 8.0%

Manufacturing 10.2% 4.5%

Financial Activities 10.2% 11.0%

Leisure and Hospitality 9.2% 6.6%

Construction 5.3% 5.4%

Other Services 5.1% 10.4%

Information 3.5% 2.6%

Government 3.1% 0.6%

Natural Resources and Mining 0.6% 0.7%

Non Listing 0.6% 7.3%


Count Percentage

Age 25+ Population 782,371

Grade K - 8 128,144 16.4%

Grade 9 - 12 95,721 12.2%

High School Graduate 169,503 21.7%

Some College, No Degree 128,972 16.5%

Associates Degree 38,263 4.9%

Bachelor's Degree 143,536 18.4%

Graduate Degree 78,231 10.0%

Commercial Real Estate***

Square Footage Buildings Occupied

Office 125,308,219 1,636 81.0%

Industrial 153,540,754 3,333 93.0%

Flex - R&D 48,654,490 2,647 92.0%

Retail 57,488,483 2,289 91.0%

Estimates by DemographicsNow .com / except w here otherw ise noted

* Estimates by Texas Labor Market Information / Bureau of Labor Statistics

** Estimates by Research & Information, Off ice of Economic Development, City of Dallas

*** Data from CoStar Property Revised November 2007



Dallas City Demographics

Population Demographics Percent Change

2007 Estimate

2012 Projection

2007 to 2012

Total Population 1,280,500 1,308,341 2.2%

Population Density 3,258.6 3,398.3 4.3%

Total Households 456,955 465,253 1.8%

Male 654,336 51.0% 672,593 51.4% 2.8%

Female 626,164 49.0% 635,748 48.6% 1.5%

Non-Hispanic White 375,186 29.3% 372,877 28.5% -0.6%

Non-Hispanic Black 297,076 23.2% 247,276 18.9% -16.8%

Hispanic 551,896 43.1% 604,454 46.2% 9.5%

Other Race 56,342 4.4% 83,734 6.4% 48.6%

Age 16+ 965,497 985,744 2.1%

Median Age 32.4 33.7 4.0%

Income & Housing

Median Household Income $45,834 $51,049 11.4%

Per Capita Income $24,837 $25,720 3.6%

Total Housing Units 529,816 563,739 6.4%


Age 25+ 799,032 815,343 2.0%

HS Graduate 571,307 71.5% 589,366 72.3% 3.2%

Some College, No Degree 397,917 49.8% 402,017 49.3% 1.0%

Bachelor’s Degree 226,925 28.4% 235,400 28.9% 3.7%

Graduate/Professional Degree 79,903 10.0% 84,004 10.3% 5.1%

Last updated Feb 2008. Source: OED analysis of NCTCOG, ACS data, SRC projection, and TSDC projection

∗ Where is the best place for your employees? Cost of

living would be one of the best indicators for you to make that decision. ACCRA Cost of Living index consistently reports that overall Dallas’s cost of living is much less than U.S average except for few items. Compared to the rest of the country, Dallas’ total cost of living is 8.5% lower than the U.S. average

∗ Dallas provides a variety of urban and suburban housing options to newly coming residents. Particularly, since cost of housing is one of the least expensive metropolitan markets in the U.S., new residents from other regions can easily enjoy the high-quality and luxury housing for much lower costs.

∗ Compared with its peer cities, Dallas’ total cost of living shows very low level of index. Thus, Dallas’ professional salary based on living costs is relatively higher than other major cities’ ones. There is no personal or corporate income tax in Texas. Texas was ranked 49th among 50 states in total state taxes per capita amount in 2005.

∗ Therefore, Dallas gives an excellent neighborhood opportunity to its residents. With low cost of living, affordable housing and low taxes, the offering is hard to beat.

Item U.S Average=100

Total 90.9 Grocery 100.2

Housing 69.0

Utilities 98.3

Transportation 102.6 Health 106.0

Miscellany 97.9

Average Rent $704

Median House Price $204,300

Compared with 10 major metropolitan areas, Dallas’ cost of living remains low!

213

166.4

150.1

136.8

123.2

114.7

109.9

100.9

98

90.9

87.6

New York

San Francisco

Los Angelis

Boston

Philadelphia

Miami

Chicago

Detroit

Atlanta

Dallas

Houston

Total tax per capita

U.S $ 2,189.84

Texas $ 1,434.16 Total State Tax Per Capita in 2005

(Source: U.S. Census Bureau)

Cost of Living


www.dallas-ecodev.org

Last updated December 2007. Source: Office of Economic Development.

(Source: ACCRA 2007 3Q)



Last updated February 2008.

Dallas Health Care

Major City of Dallas Hospitals Staffed/Licensed Beds Total Active Staff

Baylor University Medical Center at Dallas 997 5,225

Parkland Health and Hospital System 968 7,335

Presbyterian Hospital of Dallas 833 4,321

Medical City Dallas 660 2,008

Methodist Dallas Medical Center 515 2,395

University of Texas Southwestern Medical Center (UTSWMC)

424 2,054

Children’s Medical Center Dallas 406 4,108

Methodist Charlton Medical Center 254 1,261

Doctors Hospital 232 492

Source: Dallas Business Journal Book of Lists, 2008.

U.S. News & World Report 2007 hospital rankings: • Baylor Institute for Rehabilitation - 15th (rehabilitation) • Baylor University Medical Center Dallas - 23rd (orthopedics), 28th (gynecology), 29th (kidney disease),

31st (digestive disorders, endocrinology), 33rd (respiratory disorders) 44th (urology) • Children’s Medical Center Dallas - 28th (pediatrics) • Parkland Memorial Hospital - 15th (gynecology), 36th (kidney disease) • Presbyterian Hospital Dallas - 41st (neurology, neurosurgery, digestive disorders), 46th (orthopedics) • UTSWMC - 26th (neurology, neurosurgery) There are four Active Nobel Laureates on faculty at UTSWMC Two Level I trauma centers Parkland Memorial and Baylor University Medical Center. Children’s Medical Center Dallas is the only Level I pediatric trauma center in the southwest There are three Dallas schools of higher education in health sciences

Dallas is home to recognized hospitals that are consistently ranked top in the nation. The city has many clinics, doctor’s offices and diagnostic services offering comprehensive care and treatment. With over 5,000 direct care physicians, almost 19,000 registered nurses, and over 1,300 dentists in Dallas County, quality health care is easily available. Source: Texas Department of State Health Services, County Supply and Distribution Tables, August and September 2007.

Dallas Health Care Excellence



Last updated Feb 2008. Source: Office of Economic Development.

Education in Dallas

Primary and Secondary Education

Dallas’ school districts are committed to student success and a progressive learning environment. Along with Dallas Independent School District (DISD), the 12th largest school district in the nation, there are several other school districts with award winning student performance within the city.

• In 2007 there were 79 exemplary and recognized campuses in the city.

• Student performance on the 2007 State TAKS test was improved with gains over 2006 on many tests: 76 percent of all seventh graders passed the reading section, 66 percent of all seventh graders passed mathematics, and 87 percent passed writing, up by 10 percent, 9 percent and 8 percent, respectively.

• Two DISD high schools ranked number 1 and 2 in the nation, according to Newsweek. The School for the Talented & Gifted was named #1 and the School of Science and Engineering was ranked #2.

• In addition, the Richardson ISD, Dallas’ second largest, is the largest urban school district in the state to have a recognized rating.

• Dallas is also home to many of the nation’s top private schools.

Higher Education in Dallas

• There are 25 colleges and universities in North Texas, nine in the Dallas city limits or literally across the street. Dallas universities have five Nobel laureates which is more than any other Texas region.

• DFW ranks first in Texas in the number of publicly-enrolled college and university students, with more than 280,000 enrolled in the region.

• The area’s six major public universities granted nearly 4,600 doctoral degrees in the last decade,

Dallas has a well-educated work force 2007 Educational Attainment:

• 4.9% have a associates degree • 18.4% have a bachelor’s degree • 10.0% have a graduate degree



Last updated February 2008. Source: Office of Economic Development.

Dallas’ Strategic Position in the World

Transportation in Dallas. More than 35% of the US population and 79 major markets can be reached

overnight, and 98% of the US population can be reached within 48 hours from Dallas by truck or rail. Dallas puts you at the geographic center of North America’s four largest business centers: New York, Los Angeles, Toronto, and Mexico City. Our Central Time Zone location is convenient for doing business on both the East and West coasts.

• Aviation. Dallas has access to 375 aviation facilities in the DFW region, including two commercial airports

(Dallas-Fort Worth International Airport and Dallas Love Field), one cargo airport, one military airport, and 259 general aviation airports. Dallas Executive Airport is one of eleven airports approved for reliever service, and 50 airports are designated for public use. DFW Airport has seven runways, more than any other US commercial airport, and recently completed $2.6 billion in upgrades for both domestic and international service. Over 1,000 daily nonstop flights have originated from DFW Airport without a weather closure for three years. DFW Airport serves 61 million passengers and 830,000 tons of cargo annually, making it the world’s third busiest airport. Dallas Love Field has three runways, flies 673 daily nonstop flights serving 6 million passengers

annually, and is the home to the corporate headquarters of Southwest Airlines.

• Roads. Dallas is a major interstate hub, with four interstate highways (I-20, I-30, the I-35 NAFTA

Superhighway, and I-45) converging within the city limits, as well as two major loop roads and 19 federal and state highways. There are 48 lanes on the seven expressways radiating from Downtown Dallas. In addition, the future Trans-Texas Corridor will run adjacent to Dallas.

• Rail. Three major rail lines pass through Dallas: Burlington Northern Santa Fe (BNSF), Southern Pacific, and

Union Pacific. Shortline railroads include Dallas, Garland, and Northeastern Railroad. The Dallas Area Rapid Transit (DART) passenger rail network includes 45 miles of light rail (expanding to 90 miles by 2012 and 110 miles by 2030) and 35 miles of commuter rail (connecting Dallas and Fort Worth) reaching 23 communities in North Texas.

dfw metropolitan area demographics

Documents