Dallas is a richly diverse American city: over the years it has become a melting pot of cultures, religions and lifestyles. This important convergence of uniqueness and differences is reflected throughout the sights and sounds of the city. Dallas' authentic arts, music, food, places of worship, historic landmarks and urban lifestyle all contribute to the city's makeup.
Dallas's population is 7.6M, with a total workforce of 3.8M. The labor market grew by 79,100 jobs over the past year, up by 2.1%. The median household income in Dallas is $70,927, 2.1% higher than last year and 12.3% above the national average of $63,179.In the housing market, total permits issued totaled 63,225 over the last twelve months, up 3.3% year-over-year. Dallas has 1,251 active new home projects on the market, 5.6% fewer than the 1325 from last year. The average list price in the market is $353,051, 3.5% lower than last year and 9.8% above the national average. Over the last three months, new home contracts increased by 4.7% to 8,898. Fort Worth and Frisco had the highest concentration of the new home contracts in the Dallas market.