Dallas Neighborhood Guide

Prestonwood

Photo By Josh Blaylock
Dallas > Far North Dallas > Prestonwood

This suburban-like Far North Dallas neighborhood enjoys a reputation for a high quality of life thanks to its safety, affordability, and 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.

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Why I Love Prestonwood

By Steven Monserrate

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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 is 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.