Two small Dallas suburbs — University Park and Highland Park — anchor this area a few miles north of downtown Dallas. Self-governing and with their own joint school district, together they comprise the wealthiest patch of real estate in the Dallas-Fort Worth region. Nearby upscale neighborhoods share an affinity for dining and shopping along Lovers Lane, if not the high-quality public educational opportunities.
The 2016 population of Park Cities is estimated to be 43,690. That’s a change of +4.5% in the last five years. Over the next five years, the population is projected to change by +4.3%.
The number of households is 16,037, a change of +4.1% in the last five years. In the next five years, the number of households is projected to change +4.5%.
The average household size is 2.56.
The median household income is $142,338 and, of the entire population age 16 and over, 37.6% aren’t in the labor force. 3.9% of families live below the poverty line.
Among those employed, 5.5% are blue-collar workers, 86.9% are white-collar workers, and 7.6% are occupied as service industry or farm workers.
The average commute time for workers who live in this area is 19.0 minutes. The average number of vehicles per household is 1.9.
69.3% of Park Cities homes are detached, single-family houses. The median owner-occupied home value is more than $1,000,000.
73.4% of the homes are owner-occupied. The average length of residence among residents in owner-occupied homes is 15.1 years, while the average renter has been in the same home 6.7 years.
The median year the area’s housing units were built is 1970.
In 2014, throughout University Park, Highland Park, and Dallas Police beats 523, 524, 525, 654, there were: