Dallas Neighborhood Guide

Preston Hollow

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Welcome to Preston Hollow

Preston Hollow is home to many of the richest people in Dallas — and a certain former president of the United States — but the majority of its streets are lined with modest ranch-style homes. Many residents take advantage of the neighborhood’s close proximity to the top private schools in the city, as well as the plethora of shops found at nearby Preston-Royal, Preston Center, and NorthPark Center.

Population

15,536

Median Owner-Occupied Home Value

$767,055

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What the Locals Say

Locals Love

Their easy access to the Dallas North Tollway and Northwest Highway to reach the rest of Dallas.

Locals Compain

That on Northwest Highway in particular the traffic increasingly moves along at a speed not much faster than that of a parking lot.

So You Know

“Preston Hollow” often gets used as a term for all of North Dallas south of LBJ Freeway, but traditionally the neighborhood’s boundaries are Midway Road, Northwest Highway, Hillcrest Avenue, and Royal Lane.

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Demographics

Population

The 2016 population of Preston Hollow is estimated to be 15,536. That’s a change of +6.4% in the last five years. Over the next five years, the population is projected to change by +5.7%.

The number of households is 6,846, a change of +7.9% in the last five years. In the next five years, the number of households is projected to change +6.6%.

The average household size is 2.26.

Income & Employment

The median household income is $120,858 and, of the entire population age 16 and over, 44.4% aren’t in the labor force. 2.7% of families live below the poverty line.

Among those employed, 3.9% are blue-collar workers, 91.2% are white-collar workers, and 4.9% are occupied as service industry or farm workers.

The average commute time for workers who live in this area is 21.0 minutes. The average number of vehicles per household is 1.9.

Housing

64.0% of Preston Hollow homes are detached, single-family houses. The median owner-occupied home value is $767,055

79.5% of the homes are owner-occupied. The average length of residence among residents in owner-occupied homes is 14.9 years, while the average renter has been in the same home 6.4 years.

The median year the area’s housing units were built is 1972.

Crime

Preston Hollow includes portions of these police beats: 524, 556, 652

Throughout those beats during 2014, there were:

Aggravated Assaults (non-family violence) 4
Aggravated Assaults (family violence) 4
Business Burglaries 36
Home Burglaries 71
Motor-Vehicle Burglaries 212
Auto Thefts 32
Business Robberies 6
Robberies of Individuals 7
Shoplifting Incidents 23
Other Thefts 106
Murders 0
Rapes 4
School Passing Grades
2016 STAAR exam passing rates for neighborhood public schools:
Dallas ISD Benjamin Franklin Middle School 68
Dallas ISD E.D. Walker Middle School 71
Dallas ISD Edward H. Cary Middle School 50
Dallas ISD Harry C. Withers Elementary 83
Dallas ISD Hillcrest High School 71
Dallas ISD John J. Pershing Elementary 76
Dallas ISD Preston Hollow Elementary 74
Dallas ISD Thomas Jefferson High School 58
Dallas ISD W.T. White High School 67
Dallas ISD Walnut Hill Elementary 86

Real Estate Snapshot

% Owner-Occupied Housing

79.5%

Avg. Household Size

2.26

Number of Households

6,846

Avg. Length of Residency by Owner

14.9 years

Dallas Neighborhoods

Sources: Demographic data pulled from Nielsen SiteReports and represents sampling based on most recent U.S. Census estimates. Crime data provided by local police departments. School STAAR exam passing rates from Texas Education Agency.