Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Texas > Dallas
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 07-13-2009, 07:59 PM
 
6,578 posts, read 25,465,801 times
Reputation: 3249

Advertisements

Most Affluent Zip Codes (from Dallas Business Journal Book of Lists 2009) ranked by median household income projections for 2008

Rank -Zip Code - Area - 2008 Household Income
1. 76092, Southlake, $171,364
2. 75022, Flower Mound, $151,364
3. 76034, Colleville, $139,933
4. 75013, Allen, $139,475
5. 75025, Plano, $133,124

6. 75093, Plano, $131,475
7. 75019, Coppell, $129,997
8. 75070, McKinney, $129,282
9. 75028, Flower Mound, $125,789
10. 75225, Dallas, $125,558

11. 75082, Richardson, $124,403
12. 75035, Frisco, $115,433
13. 75094, Frisco, $113,736
14. 75024, Plano, $110,771
15. 75077, Lewisville, $110,582

16. 75002, Allen, $107,500
17. 76226, Argyle, $106,973
18. 75034, Frisco, $97,726
19. 76052, Haslet, $94,162
20. 75023, Plano, $93,762

21. 75071, McKinney, $91,252
22. 75205, Dallas (Highland Park), $91,165
23. 76210, Corinth, $90,962
24. 75032, Rockwall, $89,538
25. 75087, Rockwall, $86,432
Reply With Quote Quick reply to this message

 
Old 07-13-2009, 08:10 PM
 
6,578 posts, read 25,465,801 times
Reputation: 3249
And now, ranked by Median Home Value in 2008

$689,738, Dallas-Highland Park, 75205
$569,344, Dallas, 75225
$427,734, Southlake, 76092
$411,542, Plano, 75093
$332,425, Colleyville, 76034

$322,514, Flower Mound, 75022
$309,629, Argyle, 76226
$292,531, Allen, 75013
$291,167, Plano, 75024
$282,325, Plano, 75025

$255,457, Richardson, 75082
$251,881, Coppell, 75019
$244,119, McKinney, 75070
$239,441, Plano, 75094
$233,686, Rockwall, 75032

$232,278, Rockwall, 75087
$222,775, Frisco, 75035
$220,551, Flower Mound, 75028
$218,301, Haslet, 76052
$217,928, Lewisville, 75077

$209,720, McKinney, 75071
$208,469, Allen, 75002
$202,232, Frisco, 75034
$194,052, Corinth, 76210
$193,083, Plano, 75023
Reply With Quote Quick reply to this message
 
Old 07-13-2009, 09:04 PM
 
1,282 posts, read 3,557,784 times
Reputation: 1064
Interesting...

How is it that Highland Park has the highest median home value but one of the lower median household incomes? Is that because it is an "old money" area, lots of homes are owned by retirees, lots of home that have been passed down in the family, or something else? Just curious
Reply With Quote Quick reply to this message
 
Old 07-13-2009, 09:11 PM
 
Location: Dallas: Oak Cliff
473 posts, read 1,568,726 times
Reputation: 262
The old money and retirees have something to do with it. Though I have no stats to back it up I would guess there are a larger number of trust funds in that area than some of the other areas.

Also, there could be some issues with the research methods used to rank these zip codes that might undermine the results.

If I had to guess I would say it is single family only and isn't looking at condos and townhomes otherwise I don't see how zip codes 75206 and 75214 aren't somewhere around $225,000 or so.
Reply With Quote Quick reply to this message
 
Old 07-13-2009, 10:06 PM
 
6,578 posts, read 25,465,801 times
Reputation: 3249
Quote:
Originally Posted by PlanoGirl View Post
Interesting...

How is it that Highland Park has the highest median home value but one of the lower median household incomes? Is that because it is an "old money" area, lots of homes are owned by retirees, lots of home that have been passed down in the family, or something else? Just curious
It's like that every year. I always wondered why, too. Older retirees in Highland Park? Do they have wealth, but not wage income? I don't know.
Reply With Quote Quick reply to this message
 
Old 07-13-2009, 10:11 PM
 
Location: North Texas
24,561 posts, read 40,285,459 times
Reputation: 28564
Quote:
Originally Posted by FarNorthDallas View Post
It's like that every year. I always wondered why, too. Older retirees in Highland Park? Do they have wealth, but not wage income? I don't know.
That may be it.
Reply With Quote Quick reply to this message
 
Old 07-14-2009, 06:17 AM
 
1,004 posts, read 3,755,171 times
Reputation: 652
Quote:
Originally Posted by PlanoGirl View Post
Interesting...

How is it that Highland Park has the highest median home value but one of the lower median household incomes?
Personal accountants and not HR Block.
Reply With Quote Quick reply to this message
 
Old 07-14-2009, 06:20 AM
 
Location: Forney Texas
2,110 posts, read 6,465,044 times
Reputation: 1186
Quote:
Originally Posted by galore View Post
Personal accountants and not HR Block.
LOL
Reply With Quote Quick reply to this message
 
Old 07-14-2009, 09:07 AM
 
Location: Dallas, TX
2,346 posts, read 6,927,150 times
Reputation: 2324
Default Re:

I would also guess that list extends far beyond the top 25 ZIP codes listed.
Reply With Quote Quick reply to this message
 
Old 07-14-2009, 09:11 AM
 
Location: 78747
3,202 posts, read 6,020,012 times
Reputation: 915
75225 is UP, but states it's Dallas. just an observation. I agree with the theory about income in HP.
This total may be the amount they cashed out for "living expenses", and keep in mind that "Old Money" doesn't tend to have mortgages.

The 90K was most likely cashed out of a seven-figure nest egg, and declared as "capital gains" to the IRS.

Last edited by jobert; 07-14-2009 at 09:42 AM..
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > Dallas

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top