Zip 75247 (Dallas, TX) Economy


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Dallas, Texas is a great place to live with plenty of exciting opportunities and amenities. The average two bedroom rent in Dallas, TX (zip code 75247) is $1,170 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Dallas, TX (zip code 75247) is 92 versus 100 in the US making it an affordable option for groceries too.
The area around 75247 Dallas, TX has many unique local businesses that make their mark on the city; places like Dr. Sue’s Creamery which serves up artisan ice cream and sweet treats, Texican Court serving up classic Tex-Mex dishes, and Inwood Tavern providing a great atmosphere for cocktails and live music are just a few examples of what this area offers.
Dallas also has many advantages that make it attractive to potential residents including art galleries, museums, parks with amazing trails and other outdoor activities such as fishing and biking. There are also several universities located within close proximity for those seeking higher education or continuing education courses. With so much to do in one place, it's no wonder why people love living in Dallas!

Dallas (zip 75247) has an unemployment rate of 7.4%. The US average is 6.0%.

Dallas (zip 75247) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 45.1%, which is higher than the US average of 33.5%.

Tax Rates for Dallas (zip 75247)
- The Sales Tax Rate for Dallas (zip 75247) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Dallas (zip 75247) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Dallas (zip 75247)
- The average income of a Dallas (zip 75247) resident is $14,238 a year. The US average is $28,555 a year.
- The Median household income of a Dallas (zip 75247) resident is $17,361 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDallas, TexasUnited States
  7.46
  -3.6%-6.2%
  45.1%33.5%
  8.3%6.2%
  0.0%4.6%
  $9,645$37,638
  $17,361$69,021
Family Median Income 85028
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