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Dallas County, TX

RANK #773 / 1001 NAT  ·  #46 / 72 TX  ·  POP 2,621,179

1YR FORECAST: -1.9%

5YR OUTLOOK: +24%

#20 Most Undervalued
Our model projects Dallas County's housing market at -1.9% over the next year, underperforming most U.S. counties.

[01] Why Dallas County?

Dallas County, Texas, stands out for its blend of urban amenities and natural escapes, with the Cedar Ridge Preserve offering a taste of the Texas Hill Country just 20 minutes from downtown Dallas. This 600-acre natural sanctuary, managed by Audubon Dallas, features miles of hiking trails, native plants, and wildlife, including opportunities for birdwatching. The county, home to the city of Dallas, is located in north central Texas, characterized by rolling prairie and the Trinity River flowing through its center. Commute options include major interstates, tollways, and the extensive Dallas Area Rapid Transit (DART) light rail system, which connects Dallas with surrounding cities and even both major airports.

Life in Dallas County offers a diverse community with access to numerous parks, restaurants, and cultural attractions. Public schools in the county are rated above average, with several highly-ranked institutions. The economy is driven by various sectors, attracting families and professionals. Recent economic developments include significant investments in commercial and residential properties, data centers, and infrastructure projects, such as new parks and trail systems. The county also focuses on environmental quality through programs like Property Assessed Clean Energy (PACE) and maintaining its extensive open space system.

MARKET PROFILE

Sun Belt Post-Surge Correction

Dallas County is one of 76 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of -3.5% matches the profile's typical -3.7%.

See all 76 Sun Belt Post-Surge Correction counties →

[02] Market Snapshot

Housing Ratio
4.7x

Below national median (11.3x)

Home Prices
-3.5%

Prices declining

Climate & Terrain
0.6

Moderate climate & terrain

Price/Rent
15x

Below national median (15x)

Housing is fairly valued at 4.7x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Texas Health Resources Healthcare
    10,000+
  2. 2
    Dallas ISD Education
  3. 3
    Baylor Health Care System Healthcare
  4. 4
    AT&T Technology
  5. 5
    Lockheed Martin Manufacturing
  6. 6
    JPMorgan Chase Finance
  7. 7
    UT-Southwestern Medical Center Healthcare
  8. 8
    City of Dallas Government
  9. 9
    HCA North Texas Division Healthcare
  10. 10
    U.S. Postal Service Logistics

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Dallas County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
2,621,179
+0.67% YoY
Median Household Income
$76,547
Median Home Value
$303,000
-3.49% 12mo
Median Rent
$1,565
Average Annual Pay
$92,601
+3.7% YoY
Employment
1,831,012
+0.3% YoY
Income-to-Home-Value
0.2526
More affordable than average
Migration Inflow
2.81%
of pop. from another state
Bachelor's Degree+
35.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$390,000
Days on Market
38
Active market
Months of Supply
4.1
Balanced market
Sale-to-List Ratio
97.9%
Negotiation room for buyers
Sold Above List
20.8%
Listings w/ Price Drops
33.8%
Building Permits (2025)
12,691
Single-Family Permits
4,651

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
9.5
per 100K · nat avg 6.3
Firearm Fatalities
15.1
per 100K · nat avg 14.8
Injury Deaths
68.0
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

C+
AIR QUALITY
GRADE
Median AQI (3yr)
51.3
Moderate
Good Air Days
45%
496 of 1,095 days
Unhealthy+ Days (3yr)
54
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
47
2022
52
2023
55
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$4,499M
TOTAL
PROJECT AMOUNT STATUS
I-635 Reconstruction and Widening (US 75 to S of I-30; E and W on I-30)
Pegasus Link Constructors (TxDOT)
$1,700M Under Construction
Dallas County Data Center Relocation
Dallas County
$750M Planned
I-35E Reconstruction (I-635 to Denton Co. line)
Lone Star Constructors (TxDOT)
$709M Under Construction
I-635 at US 80 Interchange Reconstruction
Austin Bridge & Road Services, LP (TxDOT)
$540M Under Construction
University Hills Master-Planned Development
Hoque Global
$500M Under Construction
Stream Data Centers Hyperscale Campus (Wilmer)
Stream Data Centers
$300M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +0.7% 52 percentile
Income Growth +3.2% 62 percentile
Vacancy Rate 2.5% 2 percentile
Home Price Change -3.5% 4 percentile
Rent Growth +0.2% 12 percentile
Price/Rent 15x 50 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Dallas County, TX a good place to move to?

At 22/100, Dallas County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $76,547 combined with job growth of +0.3% suggests the local economy is struggling to keep pace with national trends.

Is Dallas County affordable?

Housing in Dallas County is roughly in line with national affordability norms. The median home costs $303,000 and the income-to-home-value ratio sits at 0.25, with rents averaging $1,565/month. Not a bargain, but not a stretch for most local earners either.

Is Dallas County growing or shrinking?

Dallas County's population is growing — up +0.7% YoY — while the job market is roughly flat (employment change of +0.3%). Home values shifted -3.5% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Dallas County?

There's a moderate stream of newcomers. About 2.81% of residents moved from another state, which is above average and suggests Dallas County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Henderson County, TX 22 Hidalgo County, TX 24 Liberty County, TX 24 Maverick County, TX 24 Ector County, TX 26 Cherokee County, TX 18 Orange County, CA 26