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ZipNumbers

Texas · Census place 40516

Lake Dallas city, TX

Quick answer

Lake Dallas city has 7,761 residents, ranking #318 of 1863 places in Texas. Median household income is $74,241, the median home is worth $245,100 and median gross rent runs $1,507 a month.

Population
7,761Lake Dallas city residents
Median household income
$74,241Past 12 months, inflation adjusted
Median home value
$245,100Owner-occupied units
Median gross rent
$1,507Rent plus utilities, monthly
Median age
40.1 yrsAll residents
Homeownership rate
71.3%Owner-occupied households

What the numbers mean in Lake Dallas city

Housing cost measured against local earnings.

A household earning the Lake Dallas city median would spend about 24.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.4% of residents and 71.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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