Dallas Neighborhood Guide

Prestonwood

Photo By Josh Blaylock

This suburban Far North Dallas neighborhood enjoys a reputation for a high quality of life. This is all thanks to its safety, affordability, access (mostly) to Richardson ISD schools, alongside all the benefits of calling Dallas home. Prestonwood ‘s location also provides easy access to the many restaurants and bars along Addison’s main drag, as well as the ability to get to Plano as easily as to downtown Dallas.

What the Locals Say About Prestonwood

Locals Love

Prestonwood Elementary School is more coveted than ever before. Locals appreciate the location of the neighborhood–it is a 15 minute drive from most destinations in the Dallas area.

Locals Complain

The neighborhood lacks shopping and restaurants, including big box stores and local shops.

Fun Fact

There is a group of “cool moms”– including the owner of Lockwood Distilling Co.–called the Prestonwood Babes. It started as a Bunco group but has evolved into a group that swaps, shares, and refers information and help to their neighbors.

Other Neighborhoods in Far North Dallas

Bent Tree, Glen Abbey, Northwood Hills – Valley View, Preston Highlands, Preston Trail

Explore Prestonwood

A Multi-Generational Neighborhood

A safe, walkable area for raising a family that still boasts relatively affordable housing options, and it’s been easy to understand why the people here choose to call it home.

Josh Blaylock

Around Town in Prestonwood

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GreatSchools Rating out of 10

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Why I Love Prestonwood

By Steven Monserrate

Read The Story

Prestonwood News

Population

14,738

Median Owner-Occupied Home Value

$467,567

Prestonwood Demographics

Population

The 2023 population of Prestonwood is estimated to be 14,738.

46.3% of residents are male, 53.7% are female. The median age is 42.8.

72.8% of the Prestonwood population are White, 4.3% are Black, 4.3% are Asian, and 12.0% identify as some other race. 18.6% are of Hispanic heritage.

Among adult residents, 18.2% have earned a master's degree, 8.3% have a professional school degree, 4.9% have a doctorate, and 37.4% have a bachelor’s degree.

The number of households is 6018. The average household size is 2.69.

Income & Employment

The median household income is $130,893.

96% of residents are employed and 4% are unemployed. 3817 are not in the labor force.

The average commute time for workers who live in this area is 26 minutes.

Housing

67.8% of Prestonwood homes are detached, single-family houses. The median owner-occupied home value is $467,567

71% of the homes are owner-occupied. The average length of residence among residents in owner-occupied homes is 16.7 years. The average renter has been in the same home 9.2 years.

The median year the area’s housing units were built is 1977.

Crime

Prestonwood includes portions of these police beats: 622, 624, 625

Throughout those beats from 2017 to 2023, there were:

Aggravated Assaults (non-family violence)	31
Aggravated Assaults (family violence)	4
Business Burglaries	67
Home Burglaries	78
Motor-Vehicle Burglaries	379
Auto Thefts	112
Business Robberies	30
Robberies of Individuals	26
Shoplifting Incidents	71
Murders	1

Prestonwood Real Estate Snapshot

% Owner-Occupied Housing

71%

Avg. Household Size

2.69

Number of Households

6018

Avg. Length of Residency by Owner

16.7 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.