Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Lake Dallas, Texas is a small-sized city with a population of 8,004 residents. In Lake Dallas, there are 3,297 people per square mile, which is well above the national population density average. The majority of Lake Dallas residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of Lake Dallas are of Hispanic or Latino origin, and 24% of the population also speak Spanish. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Lake Dallas is the right fit for you, your one way commute time will average 27 minutes, which is about average when compared to the national commute time of 26 minutes.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Lake Dallas could be a positive experience compared to other cities in Texas if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like amenities, health & safety, education, employment and other key data points, finding the best places to live in Lake Dallas and in the areas around Lake Dallas is a much easier task.
Lake Dallas, TX receives 67/100 for its livability score; this results in a ranking of #439 in Texas and #8,455 in the USA. There are nine total categories that create the livability score. Lake Dallas scores well for crime (B+), cost of living (B+) and housing (A+) Lake Dallas does not score well for the following: amenities (F). It might be wise to take a closer look at each category to find out why.
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Lake Dallas shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 155 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Lake Dallas, the unemployment rate stands at 2.72%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Lake Dallas market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Lake Dallas real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lake Dallas. The median home price for Lake Dallas homes is $205,000, which is 43.7% higher than the Texas average. If we take a closer look at the affordability of homes in Lake Dallas, we’ll see that the home price to income ratio is 3.2, which is 23.1% higher than the Texas average.
| Statistic | Lake Dallas | Texas | National |
| Average one way commute | 27min | 26min | 26min |
| Workers who drive to work | 86.0% | 80.3% | 76.4% |
| Workers who carpool | 3.5% | 10.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.0% | 1.6% | 2.8% |
| Working from home | 10.2% | 4.3% | 4.6% |
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