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Lake Dallas, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
7,822
Population
$76,879
Median Income
$269,000
Home Value
40.2
Median Age

Demographics

Lake Dallas has a population of 7,822 with a median age of 40.2. Here is the racial and ethnic breakdown of the population:

White
68.2%
Hispanic
33.7%
Black
5.6%
Asian
1.0%
Demographic Value
Total Population7,822
Median Age40.2
White68.2%
Black or African American5.6%
Asian1.0%
Hispanic or Latino33.7%
Lake Dallas, Texas — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 108.White: 62.9%Hispanic/Latino: 31.1%Black: 5.2%Other: 0.9%7,822PopulationWhiteWhite62.9%Hispanic/LatinoHispanic/Latino31.1%BlackBlack5.2%OtherOther0.9%

Income & Economy

The median household income in Lake Dallas is $76,879, which is 4.6% below the national median of $80,610. The per capita income is $40,306. The poverty rate is 3.7%.

$76,879
Median Household Income
$40,306
Per Capita Income
3.7%
Poverty Rate

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Education

In Lake Dallas, 87.1% of residents age 25+ have a high school diploma or higher, and 32.6% hold a bachelor's degree or higher (10.9% with a graduate or professional degree).

HS Diploma+
87.1%
Bachelor's+
32.6%
Graduate+
10.9%
Education Level % of Adults (25+)
High School Diploma or Higher87.1%
Bachelor's Degree or Higher32.6%
Graduate or Professional Degree10.9%

Housing

The median home value in Lake Dallas is $269,000, below the national median of $303,400. The median monthly rent is $1,519. The homeownership rate is 69.2%.

$269,000
Median Home Value
$1,519/mo
Median Rent
69.2%
Homeownership Rate
Housing Metric Value
Median Home Value$269,000
Median Monthly Rent$1,519
Homeownership Rate69.2%
Vacancy Rate5.5%

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Frequently Asked Questions

What is the population of Lake Dallas, Texas?
The population of Lake Dallas, Texas is 7,822 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Dallas, Texas?
The median household income in Lake Dallas, Texas is $76,879. This is 4.6% below the national median of $80,610.
What is the median home value in Lake Dallas, Texas?
The median home value in Lake Dallas, Texas is $269,000. The median monthly rent is $1,519.
What percentage of people in Lake Dallas have a college degree?
In Lake Dallas, Texas, 32.6% of adults age 25 and older hold a bachelor's degree or higher, and 87.1% have a high school diploma or higher.
Is Lake Dallas, Texas an affordable place to live?
The home price-to-income ratio in Lake Dallas, Texas is 3.5x (median home value $269,000 vs. median income $76,879), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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