Cost of Living,
Lucas's Real Estate Market
Dallas-Fort Worth-Arlington Metro Area
Profile: Regional center
Location: Northeast Texas
Time zone: Central Standard Time
|Entertainment||Growth and sprawl|
|Arts and culture||Unattractive physical setting|
|Diverse economy||Summer heat|
Dallas is the eastern, larger half of the Dallas–Fort Worth “Metroplex.” Dallas is what most people think of when they first think of Texas—big, busy, growing, cosmopolitan, rich, glitzy, and self-confident. Located topographically pretty much in the middle of nowhere, dozens of gleaming downtown skyscrapers tower above the level plains, while an assortment of neighborhoods and suburban commercial centers sprawl in all directions around the city core. It has far outgrown its beltway and is supported by a spider web of freeways going in all directions, a network almost without compare in other U.S. cities. Long commutes are common, thanks to the large population, growth rate, and urban sprawl, but most don’t commute to the city itself. A rapidly developing rail-transit program is helping to cope, but Dallas is pretty much as “motor city.”
Above all else, Dallas is a center for corporate America. Because of its central location relative to the reset of the United States, Dallas is a popular convention site and site for many corporate headquarters, and if a company isn’t headquartered here, it probably has a large regional office. Also contributing are the favorable business climate, the availability of educated workers, and the unspoken notion of being in the center of all things big. Although there is little oil produced in the immediate area, Dallas’ growth began with the east Texas oil boom, and petroleum continues to be a large factor in the local economy.
The strong economy and wealthy population have endowed the city with a collection of arts, cultural assets, and parks. The many cultural landmarks include theaters, the Dallas Museum of Art, the Meyerson Symphony Center, and the Frank Lloyd Wright–inspired Dallas Theater Center. Filling out the roster of major-league teams are the NFL Cowboys, MLB Rangers, NBA Mavericks, and NHL Stars, all drawing a strong local and national following. Dallas reputedly has more retail stores and restaurants per capita than any other place in the country. A few lakes exist to the north and east, but outdoor recreational opportunities in the surrounding flat plains are limited. Nonetheless, as the center of the nation’s air-transport networks, and the hub for American and Southwest airlines, Dallas provides numerous getaway opportunities; the city lags only behind Chicago, Los Angeles, and Atlanta in the number of available airline flights.
The extensive network of suburbs spreads in all directions but especially towards the northwest, north and northeast. Supersized suburbs like Plano, Irving and Garland are bigger than many metro areas: each exceeding 200,000 in population. These middle to upper middle class suburbs extend for miles with attractively priced, mostly large homes, large commercial centers and large employers and even some corporate headquarters in town. Frito-Lay, for example, makes its home in Plano. When traveling in the area, it isn’t always clear which suburb you’re in – check the nearest water tower rising from the flat plain! Other more upscale, upcoming suburbs include Grapevine, Lewisville, Flower Mound, and Allen to the north and Mesquite to the east. What these suburbs have in common is good home values, strong schools, plenty of jobs, high incomes, a mostly featureless physical setting and lots of sprawl and sprawl related issues. It is suburban America for those who like things big.
The Dallas–Fort Worth Metroplex is approximately 250 miles north of the Gulf of Mexico. Terrain is flat to rolling, and largely devoid of natural trees. The climate combines humid subtropical and continental elements with hot summers and a wide annual temperature range. Annual precipitation also varies considerably, ranging from less than 20 to more than 50 inches. Summer hot spells are broken into 3- to 5-day periods by thunderstorm activity. Summer daytime temperatures frequently exceed 100[dg]F with occasional nights above 80[dg]F. Winters are mild but north winds bring sudden temperature drops. Occasional periods of extreme cold are short-lived. There are periods of rainy weather and thunderstorm activity with occasional heavy downpours especially in spring. Snowfall is rare. First freeze is late November, last is mid-March.
Interesting Facts about Lucas, Texas
As of 2014, Lucas's population is 5,318 people. Since 2000, it has had a population growth of 107.33 percent.--------------------
The median home cost in Lucas is $380,700. Home appreciation the last year has been 10.30 percent.--------------------
Compared to the rest of the country, Lucas's cost of living is 39.40% Higher than the U.S. average.--------------------
Lucas public schools spend $11,521 per student. The average school expenditure in the U.S. is $12,435. There are about 14.4 students per teacher in Lucas.--------------------
The unemployment rate in Lucas is 4.40 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Lucas jobs have Increased by 3.43 percent.
Ranked #1 Where to Live to Avoid a Natural Disaster (Highest Risk)
Ranked #1 Riskiest Places for Natural Disasters
Ranked #4 The Best Cities to Relocate to in America
Ranked #4 The Best Cities for Thanksgiving
Ranked #4 Best and Worst Airports to make a Connection List
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Average Commute time is 30 minutes. The National Average is 25 minutes.--------------------
Lucas's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes
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