Quality of Life in Dallas, TX with an Income of $147,390
The cost of living, housing market, access to services, and overall quality of life define the lifestyle one can expect in Dallas, Texas, on an annual income of $147,390. This income level is relatively high and should offer a comfortable standard of living, both in Dallas and compared to the broader United States.
Cost of Living
- Overall Costs: Dallas has a cost of living that is slightly higher than the national average, but it remains one of the more affordable major metropolitan areas in the United States.
- Transportation: The cost of owning and maintaining a vehicle, along with public transportation, is moderate, though many residents rely on personal vehicles.
- Utilities and Groceries: These are in line with national averages, providing affordability for individuals and families alike.
Housing Market
- Home Prices: As of recent reports, Dallas housing prices are lower than in other major metropolitan areas like San Francisco or New York City but have been steadily increasing.
- Affordability: A salary of $147,390 generally provides good leverage to purchase a home in desirable neighborhoods.
- Rental Market: Renting can be cost-efficient, though prices have been on an upward trend, reflecting the city's growth and demand for housing.
Quality of Life
- Entertainment and Dining: Dallas offers a vibrant cultural scene with numerous restaurants, arts venues, and sports events, ensuring plenty of leisure activities.
- Outdoor Activities: Ample parks and recreational facilities provide opportunities for outdoor activities, contributing to a balanced lifestyle.
- Community and Safety: Generally seen as a diverse and welcoming community, though safety can vary by neighborhood.
Access to Healthcare
- Healthcare Facilities: Dallas boasts high-quality healthcare facilities, including top-ranked hospitals and specialized care centers.
- Healthcare Costs: Costs are generally in line with the national average, but employment with good benefits can mitigate these expenses.
Quality of K-12 Schools
- Public Schools: The quality varies depending on the district, with several highly-rated schools and others struggling with resources.
- Private Education: There are numerous private school options, adding flexibility but also potential cost.
- Education Investment: Many residents appreciate and invest in education due to the city's growing focus on academic prowess.
With an income of $147,390, someone living in Dallas, TX can