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.
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Their easy access to the Dallas North Tollway and Northwest Highway to reach the rest of Dallas.
That on Northwest Highway in particular the traffic increasingly moves along at a speed not much faster than that of a parking lot.
“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.
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.
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.
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.
Preston Hollow includes portions of these policebeats: 524, 556, 652
Throughout thosebeats during 2014, there were:
|Aggravated Assaults (non-family violence)||4|
|Aggravated Assaults (family violence)||4|
|Robberies of Individuals||7|
|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|