DFW Metropolitan Area Demographics

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DFW Metropolitan Area Demographics
Population Demographics
2007 Estimate Total Population Population Density Total Households Male Female Non-Hispanic White Non-Hispanic Black Hispanic Other Race Age 16+ Median Age 6,072,411 654.1 2,096,242 3,052,524 3,019,887 3,224,450 844,065 1,609,189 394,707 4,577,770 33.6 50.3% 49.7% 53.1% 13.9% 26.5% 6.5% 2012 Projection 6,673,086 718.8 2,242,995 3,369,538 3,303,548 3,263,139 847,482 2,128,714 433,751 5,064,171 35.1 50.5% 49.5% 48.9% 12.7% 31.9% 6.5%
Percent Change

2007 to 2012 9.9% 9.9% 7.0% 10.4% 9.4% 1.2% 0.4% 32.3% 9.9% 10.6% 4.5%

Income & Housing
Median Household Income Per Capita Income Total Housing Units $59,492 $24,924 2,353,081 $67,964 $25,693 2,591,533 14.2% 3.1% 10.1%

Educational Attainment
Age 25+ HS Graduate Some College, No Degree Bachelor’s Degree Graduate/Professional Degree 3,819,454 3,183,181 2,257,145 1,177,483 368,826 83.3% 59.1% 30.8% 9.7% 4,240,840 3,619,279 2,548,465 1,366,357 430,791 85.3% 60.1% 32.2% 10.2% 11.0% 13.7% 12.9% 16.0% 16.8%

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

Office of Economic Development
214-670-1685 www.Dallas-EcoDev.org

Dallas Economy Executive Summary
Employment and Firms Age 16 + Population In Labor Force Unemployed Jobs (Payroll Employment) Number Firms Industry Breakout by Supersector
Employees** Firms** 20.1% 23.0% 8.0% 4.5% 11.0% 6.6% 5.4% 10.4% 2.6% 0.6% 0.7% 7.3% 2007 Estimate 945,801 611,186 * 25,456 * 1,060,000 ** 61,175 4.2% (Oct 2007 - Texas LM I/ BLS) 2007Q3

Trade, Transportation, and Utilities Professional and Business Services Education and Health Services Manufacturing Financial Activities Leisure and Hospitality Construction Other Services Information Government Natural Resources and Mining Non Listing Educational Attainment
Age 25+ Population Grade K - 8 Grade 9 - 12 High School Graduate Some College, No Degree Associates Degree Bachelor's Degree Graduate Degree

19.7% 18.2% 14.5% 10.2% 10.2% 9.2% 5.3% 5.1% 3.5% 3.1% 0.6% 0.6%

Count 782,371 128,144 95,721 169,503 128,972 38,263 143,536 78,231

Percentage 16.4% 12.2% 21.7% 16.5% 4.9% 18.4% 10.0%

Commercial Real Estate*** Office Industrial Flex - R&D Retail
Square Footage 125,308,219 153,540,754 48,654,490 57,488,483 Buildings 1,636 3,333 2,647 2,289 Occupied 81.0% 93.0% 92.0% 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, Office of Economic Development, City of Dallas *** Data from CoStar Property Revised November 2007

Office of Economic Development
214-670-1685 www.Dallas-EcoDev.org

Dallas City Demographics
Population Demographics
2007 Estimate Total Population Population Density Total Households Male Female Non-Hispanic White Non-Hispanic Black Hispanic Other Race Age 16+ Median Age 1,280,500 3,258.6 456,955 654,336 626,164 375,186 297,076 551,896 56,342 965,497 32.4 51.0% 49.0% 29.3% 23.2% 43.1% 4.4% 2012 Projection 1,308,341 3,398.3 465,253 672,593 635,748 372,877 247,276 604,454 83,734 985,744 33.7 51.4% 48.6% 28.5% 18.9% 46.2% 6.4%
Percent Change

2007 to 2012 2.2% 4.3% 1.8% 2.8% 1.5% -0.6% -16.8% 9.5% 48.6% 2.1% 4.0%

Income & Housing
Median Household Income Per Capita Income Total Housing Units $45,834 $24,837 529,816 $51,049 $25,720 563,739 11.4% 3.6% 6.4%

Educational Attainment
Age 25+ HS Graduate Some College, No Degree Bachelor’s Degree Graduate/Professional Degree 799,032 571,307 397,917 226,925 79,903 71.5% 49.8% 28.4% 10.0% 815,343 589,366 402,017 235,400 84,004 72.3% 49.3% 28.9% 10.3% 2.0% 3.2% 1.0% 3.7% 5.1%

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

Office of Economic Development
214-670-1685 www.Dallas-EcoDev.org

Cost of Living


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 Total Grocery Housing Utilities Transportation Health Miscellany Average Rent Median House Price

U.S Average=100 90.9 100.2 69.0 98.3 102.6 106.0 97.9 $704 $204,300





(Source: ACCRA 2007 3Q) Total tax per capita U.S Texas $ 2,189.84 $ 1,434.16



Total State Tax Per Capita in 2005 (Source: U.S. Census Bureau)

Compared with 10 major metropolitan areas, Dallas’ cost of living remains low!
Houston Dallas Atlanta Detroit Chicago Miami Philadelphia Boston Los Angelis San Francisco New York

87.6 90.9 98 100.9 109.9 114.7 123.2 136.8 150.1 166.4 213
Last updated December 2007. Source: Office of Economic Development.

Office of Economic Development
214-670-1685 www.dallas-ecodev.org

Dallas Health Care
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.

Major City of Dallas Hospitals Baylor University Medical Center at Dallas Parkland Health and Hospital System Presbyterian Hospital of Dallas Medical City Dallas Methodist Dallas Medical Center University of Texas Southwestern Medical Center (UTSWMC) Children’s Medical Center Dallas Methodist Charlton Medical Center Doctors Hospital
Source: Dallas Business Journal Book of Lists, 2008.

Staffed/Licensed Beds 997 968 833 660 515 424 406 254 232

Total Active Staff 5,225 7,335 4,321 2,008 2,395 2,054 4,108 1,261 492

Dallas Health Care Excellence
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
Last updated February 2008.

Office of Economic Development
214-670-1685 www.Dallas-EcoDev.org

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 Feb 2008. Source: Office of Economic Development.

Office of Economic Development
214-670-1685 www.Dallas-EcoDev.org

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

Office of Economic Development
214-670-1685 www.Dallas-EcoDev.org

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